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$ 2,895,000
Est. payment | /mo
8 Beds
4 Baths
6,229 Sqft Lot
$ 2,895,000
Est. payment | /mo
8 Beds
4 Baths
6,229 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25025911
Bedrooms 8
HOA Y/N No
Lot Size 6,229 Sqft
Lot Dimensions 6,226
Property Sub-Type Res Income 2-4 Units
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! Its rare to find such an opportunity with several exit strategies.
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! Its rare to find such an opportunity with several exit strategies.
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! Its rare to find such an opportunity with several exit strategies.
Location
State CA
County Los Angeles
Area Los Angeles (90027)
Zoning Assessor
Interior
Cooling Wall/Window
Appliance Floor Furnace
Exterior
Roof Type Tile/Clay
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $125
Acceptable Financing Cash, Conventional
Space Rent $4,095
Listing Terms Cash, Conventional
Listed by Rickird Rey Ramirez • Ally Commercial Real Estate
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Roy Wannamaker
REALTOR® | Lic# CA DRE 01838753