6061 Franklin AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90028
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