$2,395,000

Estimated payment $12,958/month

Total Views 171
5 Beds
4 Baths
3,195 Sq Ft
$750 Price per Sq Ft

Highlights

  • City Lights View
  • Midcentury Modern Architecture
  • Balcony
  • Franklin Avenue Elementary Rated A-
  • Lawn
  • Bathtub with Shower

About This Home

Four well-maintained units present a compelling investment opportunity in the heart of Franklin Hills, one of Los Angeles' most character-rich and centrally located neighborhoods. The property includes a 1955-built triplex and an attached studio ADU constructed in 2022, delivered vacant at close of escrow, offering flexibility for an owner-user or rental income. Owned and carefully maintained by the same family for 35 years, the building reflects thoughtful stewardship and enduring quality. The main structure showcases classic Mid-Century design with clean lines, functional layout, horizontal balcony lines, and integrated garages typical of post-war LA construction. Two units feature private balconies with elevated city views. Three units have hardwood floors, and all units feature updated plumbing and individual tankless water heaters. Separate electrical and gas meters, garage, and additional off-street parking enhance operational efficiency and convenience. Franklin Hills offers easy access to neighborhood dining and coffee along Hillhurst Avenue including Alcove Cafe & Bakery, Little Dom's, Maru Coffee, and All Time as well as everyday conveniences like Trader Joe's and Gelson's Market. Griffith Park and the Griffith Observatory are nearby for outdoor recreation. The spacious backyard, accessible to the rear unit, was graded and includes a permitted retaining wall, providing potential for an additional ADU to increase income or property value. Agent and seller make no guarantees regarding ADU feasibility. Buyer to conduct their own due diligence. Centrally located near Hollywood and Los Feliz with convenient access to major thoroughfares, this Franklin Hills four-unit property offers a rare opportunity to own a well-located Mid-Century asset with both income and owner-user flexibility.

Listing Agent

Joseph Fouad

Coldwell Banker Realty License #02192732 Listed on: 02/13/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,004 Sq Ft Lot
  • Gated Home
  • Landscaped
  • Lawn
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • Midcentury Modern Architecture
  • Additions or Alterations
  • Tar and Gravel Roof

Interior Spaces

  • 3,195 Sq Ft Home
  • 3-Story Property
  • Vinyl Flooring
  • City Lights Views

Kitchen

  • Gas Oven
  • Range with Range Hood
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Floor Furnace
  • Vented Exhaust Fan
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Overhead Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Balcony
  • City Lot

Community Details

  • 4 Units
  • Vacancy Allowance $1,900

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 5591-016-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 3195
  • Lot Acreage: 0.1378
  • Probate: No
  • Property Condition: Additions/Alter
  • Stories: 3
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Gas, Oven-Gas, Oven, Built-In Gas, Microwave, Range Hood, Range
  • Bedrooms: 5
  • Bathroom Features: Remodeled, Shower and Tub, Tile
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Cable, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Microwave, Refrigerator, Range/Oven, Vented Exhaust Fan
  • Price Per S Q F T: 749.61

Exterior Features

  • Other Features: Balcony
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Tar and Gravel
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Water Heater: Gas, Tankless
  • Cooling: Wall Unit(s), Window Unit(s), Heat Pump(s), Wall/Window
  • Heating: Heat Pump, Floor, Wall Gas
  • Security: Gated, Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water: Meter on Property
  • Water Expense: 2160.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 3213.00

Lot Info

  • Assessor Parcel Number: 5591-016-027
  • Lot Description: Back Yard, Curbs, Fenced, Lawn, Landscaped, Single Lot, Street Concrete, Street Lighting, Street Paved, Utilities - Overhead, Yard
  • Lot Location: City
  • Lot Size Area: 6004

Rental Info

  • Total Actual Rent: 10409.00
  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Electricity, Cable TV, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 19.00
  • Number Of Units: 4
  • Type Of Units: Rental
  • Vacancy Allow: 1900

Tax Info

  • Tax Expense: 7066.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,267 $493,029 $362,426 $130,603
2024 $6,267 $483,363 $355,320 $128,043
2023 $6,152 $473,886 $348,353 $125,533
2022 $5,875 $464,595 $341,523 $123,072
2021 $5,792 $455,486 $334,827 $120,659
2019 $5,626 $441,978 $324,897 $117,081
2018 $5,535 $433,313 $318,527 $114,786
2016 $5,270 $416,489 $306,159 $110,330
2015 $5,196 $410,234 $301,561 $108,673
2014 $5,231 $402,199 $295,654 $106,545
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2026 02/13/26 For Sale $2,395,000 -- $750 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Gift Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Source: The MLS

MLS Number: 26652037

The MLS

APN: 5591-016-027