5418 Franklin Avenue, Los Angeles, CA 90027

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
5418 Franklin Avenue,Los Angeles, CA 90027
$1,875,000
  • 10 Beds
  • 8 Baths
  • 6,556 sq. ft.
  • Multi-family
  • Active
Listed by:jason tuvia
Office:marcus & millichap
MLS#:25589823
Source:CRMLS

Price summary

  • Price:$1,875,000
  • Price per sq. ft.:$286

About this home

This prime Los Feliz property, located adjacent to Hollywood Hills, offers a strong unit mix of two massive, townhouse-style three-bedroom units and four one-bedroom units. Three units will be delivered vacant, presenting immediate value-add or redevelopment potential. The front duplex features new electrical, plumbing, and roof, while the rear fourplex also has a new roof and updated plumbing. Situated on a large 10,590 SF lot with Tier 3 TOC incentives, the property includes one garage and six open parking spaces ideal for potential ADU conversion under SB1211. With eligibility for redevelopment through the CHIP Ordinance to build 50+ units or 70+ units through ED1, the land is very well priced at $177.05 per square foot. This is a rare opportunity for both short-term cash flow and long-term development upside in one of LA's most desirable neighborhoods. With three units delivered vacant and a large LAR3 lot with Tier 3 TOC incentives, this property offers immediate income potential

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Home facts

  • Year built:1923
  • Listing ID #:25589823
  • Added:1 day(s) ago
  • Updated:September 10, 2025 at 01:38 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:8
  • Living area:6,556 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:6,556 sq. ft.
  • Lot area:0.24 Acres

Finances and disclosures

  • Price:$1,875,000
  • Price per sq. ft.:$286
Based on information from California Regional Multiple Listing Service, Inc. as of September 10, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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