7000 Franklin Ave | 14-Unit Corner Multifamily with Value-Add Upside in the Hollywood Foothills. Built in 1950 on a 10,106 SF LAR4-zoned corner lot with 8,088 SF of improvements, the property features a unit mix of (11) 1-bed/1-bath units and (5) studios, with additional upside through split co-living configurations. The… Read More asset is subject to rent control and benefits from separately metered gas and electric utilities. Can be purchased with the two Adjacent properties for $26.1M total. 1775 N Orange and 1769 N Orange. 91 units total Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Taylor Avakian 310-425-9838
Listing Snapshot
Days Online
8
Last Updated
Beds
13
Square Ft.
8,276
Lot Size
0.23 Acres
Year Built
1950
MLS Number
26644281
Additional Details
Appliances & Equipment
Microwave
Building
Built in 1950, Living area: 8276.0, 1 building, 2 stories, Levels: MultiSplit
Heating
WallFurnace
Income
Gross Income: $350,413, Net Operating Income: $194,934
Lot
0.2322 acres
Parking
8 total parking spaces, Driveway
Taxes
Parcel Number: 5548003013, Zoning: LAR4
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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