Michelle St Clair-zsakany
This listing was posted on RealtyWW.
$2,000,000
Franklin Ave, Los Angeles, Home For Sale
Price:
$2,000,000
BR/BA:
10+ BR, 6 BA
Location:
5418 Franklin Ave, Los Angeles, CA
Description:
Unique opportunity to purchase 6 unit property in a high demand rental pocket. straddling the neighborhoods of Los Feliz and Hollywood. On a lot sized over 10, 500 sq ft. there is tremendous value for long term potential. Main front unit is vacant and highlights numerous updates and preservation of character that shows off 1920's character, reflecting architecture of the era. Refinished hardwood flooring throughout and remodeled bathrooms make this available unit perfect for receiving the best quality rent. At the same time, it also lends itself perfectly for an owner/user to build equity by moving into a large, Turnkey space (3 beds/ 2 baths) that has the feel of Single-Family living. This available unit has the convenience of utility area and basement close to kitchen and back door. Front structure has 2 large units (appox. 2000 sq ft.) and detached building in back has 4 units featuring 1 bedroom/1 bath. Driveway has depth that runs the length of the lot, affording many different parking options. Paved flat area in back of second 2 story structure also allows for many uses, including parking, as well. Immediate access to Hollywood on one side and short distance to DTLA in opposite direction. This is an area that consistently has tenants looking to be close to city access; close access to freeway commutes. Public website for CIty Of L.A. shows zoning designations that property falls under the State Enterprise Zone and also is located in specified Transit Priority Area.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i77278873
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More About this Listing: Franklin Ave, Los Angeles, Home For Sale
Franklin Ave, Los Angeles, Home For Sale is a 10+ BR 6.5 Bath Single-Family Homes for Sale at 5418 Franklin Ave in Los Angeles CA. Find other listings like Franklin Ave, Los Angeles, Home For Sale and listings near 5418 Franklin Ave by searching Oodle Classifieds for 10+ BR 6.5 Bath Single-Family Homes for Sale in Los Angeles CA.
Franklin Ave, Los Angeles, Home For Sale is a 10+ BR 6.5 Bath Single-Family Homes for Sale at 5418 Franklin Ave in Los Angeles CA. Find other listings like Franklin Ave, Los Angeles, Home For Sale and listings near 5418 Franklin Ave by searching Oodle Classifieds for 10+ BR 6.5 Bath Single-Family Homes for Sale in Los Angeles CA.