5969 Franklin Avenue, Los Angeles, CA 90028
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
5969 Franklin Avenue,Los Angeles, CA 90028
$1,900,000
- - Beds
- - Baths
- 4,392 sq. ft.
- Multi-family
- Active
Listed by:troy reed
Office:exp realty of california inc
MLS#:PW25196034
Source:CRMLS
Price summary
- Price:$1,900,000
- Price per sq. ft.:$432.6
About this home
Discover an exceptional investment opportunity in Hollywood, CA, just steps from vibrant Franklin Village! This 4,392-sq-ft, 4-unit property, features four spacious 2-bedroom, 1-bath units, all vacant and primed for customization and top of the market rents. It is situated a large lot for potential future expansion and/or parking. Nestled in one of Hollywood’s most prestigious neighborhoods, it offers unparalleled access to world-class dining, trendy nightlife, top-tier schools, employment hubs, and iconic entertainment like the Hollywood Walk of Fame. The adjacent property, with the same footprint but configured as an 8-unit, sold for $1.95M earlier this year—secure city approval to transform this gem into an 8-unit powerhouse for maximum returns. Ideal for savvy investors seeking a buy-and-hold or redevelopment project, this property promises strong rental income in a high-demand market. With its prime location and untapped potential, this is a rare find in Hollywood’s thriving real estate scene. All units will be delivered vacant.
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Home facts
- Year built:1916
- Listing ID #:PW25196034
- Added:5 day(s) ago
- Updated:September 15, 2025 at 01:44 PM
Rooms and interior
- Living area:4,392 sq. ft.
Heating and cooling
- Heating:Floor Furnace
Structure and exterior
- Roof:Flat, Shingle
- Year built:1916
- Building area:4,392 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,900,000
- Price per sq. ft.:$432.6
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