$2,250,000

$9,985 /mo - est. payment

For Sale

5520 Franklin Ave Los Angeles, CA 90028 (Hollywood)

See your commute times
  • Multi-Family Home
  • 6,912 sqft
  • $326/sqft
  • Lot size: 9,535 sqft
  • Built in 1921
  • 77 Days on Trulia

Home Details for 5520 Franklin Ave


For Sale > CA > Los Angeles > 90028 > Hollywood > 5520 Franklin Ave
Great property with upside located in Hollywood on the border of Los Feliz and Franklin Village. Actual current $150,264 gross annual income. 14.9 X GRM at list price. Consists of two side by side buildings. Two separate APN's. Units have front and rear access, private in unit laundry areas, and parking. Separately metered for gas and electric. Several large scale developments in progress one block south. Metro red line station one block away. Large 9,535 square foot lot with R3-1 zoning. 5520 & 5528 Franklin Ave APN 5544-004-021 & 5544-004-022 both included in the sale. Potential to de...molish old single car garages and create 16 tandem surface parking spaces. Check with city.
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Schools
Grant Elementary School
Average

Joseph Le Conte Middle School
Below Average

Hollywood Senior High School
Average
Low
Crime
Features of this property

Information last updated on 02/16/2017 12:00 AM:
    • Price: $2,250,000
    • Multi-Family
    • Status: For Sale
    • Lot Size: 9,535 sqft
    • Built in 1921
    • Neighborhood: Hollywood
    • MLS/Source ID: 16186160
    • Zip: 90028
    • 6,912 sqft

5520 Franklin Ave Public Records


Official property, sales, and tax information from county (public) records as of 07/2016:
    • Quadruplex (4 units, any combination)
    • 3,456 sqft
    • 4 Units
    • Tax Rate Code Area: 0-013
    • 4 Bedrooms
    • Lot Size: 4,785 sqft
    • Subdivision: THE HOLLYWOOD TERRACE TRACT
    • 4 Bathrooms
    • Built In 1921
    • County: Los Angeles
5520 Franklin Avenue, Los Angeles CA
5520 Franklin Ave
$2,250,000
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Home Expenses For 5520 Franklin Ave


Price History & Trends


Price History for 5520 Franklin Ave


Date Event Price Source Agents
02/06/2017 Price Change
-$50K (-2.2%)
$2,250,000 Edward Jesman Realty Edward Jesman Realty  
12/12/2016 Price Change $2,300,000 Edward Jesman Realty Edward Jesman Realty  
02/01/2006 Sold view detail $862,000 Agent Submission Agent Submission Christopher & Irma T...

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Real Estate Trends in Hollywood

Average listing price for similar homes $2,189,400 3% below listing price
Average listing price for all homes in Hollywood $1,079,944 108% below listing price
Median sale price for all homes in Hollywood $640,000 72% below listing price

Listing provided via the MLS:

Listing Provided by

Paul Jesman, Edward Jesman Realty, (310) 234-9900

Agent Phone: (310) 923-1854