5015 Franklin Avenue
$1,500,000
5
3
2,676
2,676
$561
Description
We are pleased to present this great duplex in desirable neighborhood at East Hollywood. Situated at bottom of the Griffith Park and Franklin Hill, between Sunset Blvd and Los Feliz Blvd, the property has easy access to the 5 FWY and many local shops , restaurants and famous Hollywood landmarks, like the Griffith Observatory. The 2-story building has two separated units with separate meters and entrances. Upstair unit has a long-term tenant and downstair unit can be owner occupied or be rented to...We are pleased to present this great duplex in desirable neighborhood at East Hollywood. Situated at bottom of the Griffith Park and Franklin Hill, between Sunset Blvd and Los Feliz Blvd, the property has easy access to the 5 FWY and many local shops , restaurants and famous Hollywood landmarks, like the Griffith Observatory. The 2-story building has two separated units with separate meters and entrances. Upstair unit has a long-term tenant and downstair unit can be owner occupied or be rented to current market value. There is large backyard with a 2 -car garage which can easily be converted to ADU, and with lot of empty space in the backyard, it has potential to add another ADU. (Buyer to verified with the city). This makes the property has huge opportunity to be a 4-unit income generated investment. It is a perfect investment for both owner occupied or investors. The building is well-maintained, as the Seller put a new roof and installed a new water-heater for downstair unit in 2023. With some TLC , this property is a true value-add opportunity for any homeowner or investor.
- Listed by VIVIAN ZHU • DRE #01331943 • Brokerage DRE #02114042 • Global Premium Realty • 626-224-1278
Property Details for 5015 Franklin Avenue
Parking Spaces Total
2
Private PoolNo
Cooling TypeCentral Forced Air
Total Units2.0
Building TypeDetached
Lot Size SourceAssessor
Living Area2676
Assessor Parcel Number5589-014-043
LISTING UPDATED: 10/09/2024 04:42 AM
Property Details for 5015 Franklin Avenue
Status | Active |
---|---|
MLS # | WS24023468 |
Days on Market | 196 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1922 |
Lot Size | 0.17 AC / 7,431 SF |
County | Los Angeles County |
Building Information for 5015 Franklin Avenue
Stories2Residences-Year Built1922Building Size-Lot Size0.17 AC / 7,431 SF
Property Information for 5015 Franklin Avenue
Property History for 5015 Franklin Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5015 Franklin Avenue
Taxable ValueLand$1,040,400Additions$353,736Total$1,394,136
Tax Record2024$17,017 ($1,418 / month)
Home Facts
Total Finished SqFt2,676 SqFtAbove Grade Finished SqFt2,676 SqFtLot Size7,428 SqFtStyleDuplexYear Built1922ZoningLAR2CountyLOS ANGELESAPN5589-014-043
Schools near 5015 Franklin Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 2 |
Rating | School | Distance |
---|---|---|
Los Feliz STEMM Magnet PublicK to 5 | ||
Thomas Starr King Middle School Public6 to 8 | ||
John Marshall Senior High School Public9 to 12 | ||
Lexington Avenue Primary Center PublicK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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