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Listed by Rickird Rey Ramirez • Ally Commercial Real Estate
$2,795,000
Est. payment /mo
6,229 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW25025911
Style Spanish
Year Built 1929
Lot Size 6,229 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
4 townhome style units in Los Feliz. 4254 Franklin Ave was constructed in 1929 and consists of 2 vintage Spanish style duplexes. The unit mix consists of four very spacious 2 bed + 1 bath units units. All units have hardwood floors and individual private patio spaces with tile floors. Each unit has one assigned private parking space plus private parking for two additional vehicles. Franklin is located on a corner lot with great exposure in the one of the most desirable pockets of Los Feliz and walkable to many local amenities on Hillhurst Ave which is named one of the hottest spots in LA for local eateries, trendy cafes and boutique shops. Very close proximity to Griffith Park and within boundaries of Franklin Elementary School. The subject property has significant upside left in the rents and the property could make for a potential Tenants in Common (TIC), Condo Conversion and/or ADU implementation, buyer to verify. Ideal for owner-occupiers, value-add investors or builders alike! It's rare to find such an opportunity with several exit strategies.
Location
State CA
County Los Angeles
Area 637 - Los Feliz
Interior
Heating Floor Furnace
Cooling Window / Wall Unit
Laundry In Laundry Room, Other
Exterior
Parking Features Attached Garage, Garage
Garage Spaces 6.0
Pool 31, None
Roof Type Tile
Building
Water District - Public
Architectural Style Spanish
Others
Tax ID 5591016002
Special Listing Condition Not Applicable
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033