4730 Franklin Ave - Apartments FOR SALE


Los Angeles, CA 90027- Los Feliz
$2,350,000 USD
213-387-3456
4730 Franklin Ave, Los Angeles, CA for Sale
$2,350,000 USD
Apartments - FOR SALE
1/1
null | 5% Cap Rate

4730 Franklin Ave
Los Angeles, CA 90027
Los Feliz


HIGHLIGHTS

  • Prime East Hollywood / Los Feliz Location
  • Strong In-Place Income
  • Value-Add Potential
  • Highly Desirable Rental Submarket

OVERVIEW

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 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.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$235 USD /SF

# OF UNITS

10

PRICE/UNIT

$235,000

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,250 SF

ZONING

LAR3

APN/PARCEL ID

5589-028-009

ASK ABOUT THIS PROPERTY

Brian JiTotal Commercial, Inc.More Info
213-387-3456

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Brian JiTotal Commercial, Inc.More Info
213-387-3456

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.