5015 Franklin Avenue
Los Angeles, CA 90027
0.17 acres | #WS24023468
Description
We are pleased to present this great duplex in desirable neighborhood at East Hollywood. Situated at bottom of the Griffith Park and Franklin Hill, between Sunset Blvd and Los Feliz Blvd, the property has easy access to the 5 FWY and many local shops , restaurants and famous Hollywood landmarks, like the Griffith Observatory. The 2-story building has two separated units with separate meters and entrances. Upstair unit has a long-term tenant and downstair unit can be owner occupied or be rented to current market value. There is large backyard with a 2 -car garage which can easily be converted to ADU, and with lot of empty space in the backyard, it has potential to add another ADU. (Buyer to verified with the city). This makes the property has huge opportunity to be a 4-unit income generated investment. It is a perfect investment for both owner occupied or investors.The building is well-maintained, as the Seller put a new roof and installed a new water-heater for downstair unit in 2023. With some TLC , this property is a true value-add opportunity for any homeowner or investor.
Property Details
- Lot DescriptionTwoToFiveUnitsAcre
- Stories2
Measurements
- Acres0.1706
Parking
- Parking Spaces2
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1922
Utilities / Energy Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, WaterConnected
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,650,000
Other
- MLS #WS24023468
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: VIVIAN ZHU (#W74984)
Listing Office: Global Premium Realty (#21812)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
