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(323) 864-3256
REO Pro Realty
5969 Franklin Avenue, Los Angeles, CA 90028
- $1,700,000
- Sold Price
- $1,700,000
- List Price
- $1,900,000
- Closing Date
- Oct 16, 2025
- Status
- CLOSED
- MLS#
- PW25196034
- Year Built
- 1916
- Lot Size
- 7,503
- Acres
- 0.17
- Lot Location
- Front Yard
- Days on Market
- 21
- Property Type
- Multifamily
- Style
- Victorian
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
Discover an exceptional investment opportunity in Hollywood, CA, just steps from vibrant Franklin Village! This 4,392-sq-ft, 4-unit property, features four spacious 2-bedroom, 1-bath units, all vacant and primed for customization and top of the market rents. It is situated a large lot for potential future expansion and/or parking. Nestled in one of Hollywood’s most prestigious neighborhoods, it offers unparalleled access to world-class dining, trendy nightlife, top-tier schools, employment hubs, and iconic entertainment like the Hollywood Walk of Fame. The adjacent property, with the same footprint but configured as an 8-unit, sold for $1.95M earlier this year—secure city approval to transform this gem into an 8-unit powerhouse for maximum returns. Ideal for savvy investors seeking a buy-and-hold or redevelopment project, this property promises strong rental income in a high-demand market. With its prime location and untapped potential, this is a rare find in Hollywood’s thriving real estate scene. All units will be delivered vacant.
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Additional Information
- Pool Description
- None
- Fireplace Description
- Gas
- Heat
- Floor Furnace
- Cooling Description
- None
- View
- City Lights
- Roof
- Flat, Shingle
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Built-in Features, Ceiling Fan(s), Crown Molding, Storage
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $177,600
- Operating Expense
- 11600
Listing courtesy of Listing Agent: Troy Reed (troyreedsellshomes@yahoo.com) from Listing Office: eXp Realty of California Inc.
Listing sold by William Lenocker from eXp Realty of California Inc
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.