4730 Franklin Ave is a 10-unit multifamily property located in the East Hollywood / Los Feliz area, situated directly on Franklin Ave, north of Hollywood Blvd and south of Los Feliz Blvd, and in close proximity to Vermont Ave. The property consists of approximately 7,130 SF of building area on… Read More an 8,250 SF lot and currently generates approximately $190,716 in gross annual income.The asset offers stable in-place cash flow with value-add potential through rent growth, unit upgrades, and improved operations, subject to local regulations. The surrounding area continues to experience residential redevelopment, supporting long-term rental demand and appreciation.The property is conveniently located near neighborhood dining, retail, public transportation, and major thoroughfares with easy access to Silver Lake, Hollywood, Mid-Wilshire, and Downtown Los Angeles. Read Less
Courtesy of Total Commercial, Inc. 213-387-3456
Listing Snapshot
Days Online
31
Last Updated
Property Type
Other
Beds
11
Square Ft.
7,130
Lot Size
0.19 Acres
Year Built
1953
MLS Number
26639377
30 Days Snapshot Of 90027
$4.38M
+77%
(avg) sold price
6
-25%
homes sold
119
-13%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
7,130 sq ft, Built in 1953, Levels: Two
Cooling
Wall Unit(s)
Disclosures
None
Garage
Carport Detached, Covered Parking
Heating
Wall
Lot
LotAcreage: 0.1894, LotSizeArea: 8,251
Parking
TotalParking: 7
Property
NumberOfUnits: 10, Zoning: LAR3
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