4325 Franklin Avenue

    Los Angeles (City), CA 90027
    • $6,500,000
    • STATUS: Active Under Contract
    • ON SITE: 129 days
    • ID#: 19497376
    Under Contract
    UPDATED: 47 min ago
    $6,500,000
    • 0
      BEDS
    • 0.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,384
      SQFT
    • $486
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1951
    County:

    School Ratings & Info

    Description

    KW Commercial is proud to present this exceptional multi-family property located in the heart of Los Angeles' Los Feliz Village, a highly desirable neighborhood for tenants seeking its eclectic and relaxed lifestyle - and the Village's renowned cuisine, cafe life, rustic bars and old movie theaters. Offered for sale for the first time in 35 years, this 17-unit property has significant add-value potential/upside on rents. Excellent Unit Mix (7 x 2 BR/1 BA; 9 x 1 BR/1 BA; 1 x 3 BR/1.5 BA). A rare acquisition for owners and investors. See private remarks for offer deadline.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-12-15T18:26:41.487. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

    www.homefinderorangecounty.com/homes/97679272

    4325 Franklin Avenue Los Angeles (City), CA 90027

    • Price: $6,500,000
    • Status: Active Under Contract
    • Updated: 47 min ago
    • ID#: 19497376
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.35
    Acres
    13,384
    SQFT
    $486
    $/SQFT
    1951
    Built
    Neighborhood:
    637 - Los Feliz
    County:
    Los Angeles
    Area:
    637 - Los Feliz
    Property Description
    KW Commercial is proud to present this exceptional multi-family property located in the heart of Los Angeles' Los Feliz Village, a highly desirable neighborhood for tenants seeking its eclectic and relaxed lifestyle - and the Village's renowned cuisine, cafe life, rustic bars and old movie theaters. Offered for sale for the first time in 35 years, this 17-unit property has significant add-value potential/upside on rents. Excellent Unit Mix (7 x 2 BR/1 BA; 9 x 1 BR/1 BA; 1 x 3 BR/1.5 BA). A rare acquisition for owners and investors. See private remarks for offer deadline.
    Exterior Features

    Lot Size Units Square Feet Parking Features AssignedGarageParking Space Parking YN Yes Roof Flat

    Interior Features

    Flooring Carpet Laundry Features Common AreaCommunitySee Remarks

    Property Features

    Cap Rate 3.50 Electric Expense 1909.00 Fuel Expense 817.00 Gross Income 31277.00 Gross Multiplier 17.33 Gross Operating Income 363778.00 Gross Scheduled Income 366330.00 Improvements Amount 599826 Insurance Expense 6577.00 Land Value 401665 Laundry Income 1500.00 Laundry YN Yes Maintenance Expense 5780.00 Net Operating Income 227279.00 Other Income1 7200.00 Pest Control Expense 800.00 Special Listing Conditions Standard Tenant Pays ElectricityCable TvGas Total Expenses 136499.00 Trash Expense 3256.00 Water Sewer Expense 3886.00 Zoning Lar2

    Listing provided courtesy of Mason Canter of Keller Williams Realty Los Feliz and Ian Rhodes of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-12-15T18:26:41.487. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

     
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