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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$5,350,000

Est. payment - /mo

13 Beds

14 Baths

8,276 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 8,276 sqft

Price per Sqft $646

MLS Listing ID 26644281

Bedrooms 13

HOA Y/N No

Year Built 1950

Lot Size 10,114 Sqft

Property Description

7000 Franklin Ave | 14-Unit Corner Multifamily with Value-Add Upside in the Hollywood Foothills. Built in 1950 on a 10,106 SF LAR4-zoned corner lot with 8,088 SF of improvements, the property features a unit mix of (11) 1-bed/1-bath units and (5) studios, with additional upside through split co-living configurations. The asset is subject to rent control and benefits from separately metered gas and electric utilities. Can be purchased with the two Adjacent properties for $26.1M total. 1775 N Orange and 1769 N Orange. 91 units total

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR4

Interior

Heating Wall Furnace

Fireplace No

Appliance Microwave

Exterior

Parking Features Driveway

Total Parking Spaces 8

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5548003013

Special Listing Condition Standard

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Listed by Taylor Avakian Lyon Stahl Investment Real Estate, Inc. #02060040

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7000 Franklin AVE Los Angeles, CA 90028