Active
6061 Franklin Ave
Los Angeles CA, 90028
$2,895,000
$472.11 per sqft
Active
12 Beds
12 Baths
6,132 sqft
Multi-family
Built in 1954
We are pleased to present a twelve (12) unit apartment building located at 6061 Franklin Avenue in Los Angeles, California. The subject property is positioned in a prime Greater Hollywood Hills location, north of Franklin Avenue and west of North Beachwood Drive. Built in 1954, this property contains a streamlined unit mix of twelve (12) one bedroom / one bathroom units. The units vary in size with six (6) smaller, four (4) that are large, and two (2) large front units that boast a private patio in the front of the building. The whole building was fully renovated in 2015, now features a quality aesthetic with wood deco throughout, completed a soft-story retrofit in 2021, is gated & secure with a recently re-tarred driveway, CCTV throughout the building, and an on-site laundry room. There are six (6) uncovered parking spaces and two (2) tuck-under parking spaces available. There is two (2) additional large storage units with potential to convert into multiple ADUs. Tenants will enjoy being within short walking distance to some of the best entertainment, retail, and restaurant amenities in Los Angeles. Some of the nearby amenities include the Hollywood Walk of Fame, Avalon Hollywood & Bardot, Gower Plaza Shopping Mall, Gelson's Grocery, TAO, Katsuya Hollywood, Wood & Vine, Scum and Villainy Cantina, The Bourbon Room, and many more. A short drive up North Beachwood Drive and residents can experience outdoor recreation hiking the Hollywood sign and enjoying the quaint, laid back community at Beachwood Canyon. Situated in a prime greater Hollywood Hills location, this offering presents an excellent opportunity for any investor to purchase a turn-key, quality aesthetic asset with an excellent starting cap rate.
24-466895
MLSⓇ ID
November 25, 2024
Listed
December 3, 2024
Updated
Map
6061 Franklin Ave
Los Angeles CA, 90028
Interior Features
Total Stories
3
Bedrooms
12
Total Bathrooms
12
Appliances
Built-Ins, Range/Oven, Dryer, Washer
Laundry Description
Laundry Area
Floor Description
Wood
Fireplace
No
Cooling
Yes
Cooling Description
Air Conditioning
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
Single Lot, Landscaped
Other Property Details
Area Name
Hollywood Hills East
Days on Market
8
Garage
No
Parking
Gated, Door Opener, Uncovered, Covered Parking
Parking Total
8
View
Yes
View Description
City
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LAR3
Listed by Jason Tuvia with Marcus & Millichap
Listing Contact: 818-448-4415
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Tom Wrigglesworth | CA DRE#: 02037620 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 12/3/2024