6061 Franklin AVE, Los Angeles, CA 90028 – 24466895

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John Bertsch

greathomes@johnbertsch.com +1(619) 518-5421

$ 2,895,000

Est. payment -/mo

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6061 Franklin AVE Los Angeles, CA 90028

12 Beds

12 Baths

6,132 SqFt

UPDATED:

12/05/2024 05:04 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,132 sqft

Price per Sqft $472

MLS Listing ID 24466895

Bedrooms 12

Construction Status Repairs Cosmetic,Updated/Remodeled

HOA Y/N No

Year Built 1954

Lot Size 6,364 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C30 - Hollywood Hills East

Zoning LAR3

Interior

Heating Wall Furnace

Flooring Wood

Fireplace No

Appliance Dryer, Washer

Exterior

Parking Features Covered, Garage, Garage Door Opener, Gated, Uncovered

Pool None

Community Features Gated

View Y/N Yes

View City Lights

Porch Enclosed, Front Porch

Total Parking Spaces 8

Private Pool No

Building

Lot Description Landscaped

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Construction Status Repairs Cosmetic,Updated/Remodeled

Others

Senior Community No

Tax ID 5586008002

Security Features Security Gate,Gated Community,Key Card Entry

Special Listing Condition Standard

Listed by Jason Tuvia • Marcus & Millichap

John Bertsch

Agent | License ID: 02135471

+1(619) 518-5421

John Bertsch

6061 Franklin AVE Los Angeles, CA 90028

Key Details

Location

Interior

Exterior

Building

Others

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6061 Franklin AVE