NOT LISTED FOR SALE

5524 Franklin Ave Los Angeles, CA 90028

Hollywood Neighborhood

Estimated Value: $1,791,000 - $2,673,000

2 Beds
1 Bath
900 Sq Ft
4,785 Sq Ft Lot Lot

Highlights

  • Tandem Parking
  • Tile Flooring
  • Ceiling Fan

About This Home

As of July 2020

Move-in Special: One Month Free! A two bed, one bath apartment in the heart of Hollywood is now available! Walking distance to Franklin Village (La Poubelle, Birds, Bourgeois Pig, Upright Citizens Brigade, The Oaks Gourmet), The Metro, Harvard & Stone, Griffith Park, and much more. This unit has lots of natural light, includes a range/oven and refrigerator, washer and dryer in unit and it includes one tandem (2 cars) parking spot. Pets considered on a case-by-case basis. The owner pays water. Come and see it today!

Last Agent to Rent the Property

John Mitri

Silverwood Properties License #02051703 Listed on: 05/09/2020

Last Renter's Agent

John Mitri

Silverwood Properties License #02051703 Listed on: 05/09/2020

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1921

Lot Details

  • 4,785

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Freezer

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Tandem Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • Pets Allowed

Listing and Financial Details

  • Security Deposit $2,295
  • Tenant pays for electricity, gas, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 5544-004-022

Condo Details

Home Type

Condominium

Year Built

Built in 1921

Lot Details

4,785 Sq Ft Lot

Rental Info

  • Security Deposit: 2295
  • Tenant Pays: Electricity, Gas, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 900
  • Stories: 2
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Equipment: Ceiling Fan, Dryer, Freezer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 2.55

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Tandem
  • Total Parking: 2

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5544-004-022
  • Geocode Override: No
  • Lot Size Area: 4785

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2017
Sold by
Franklin Views Llc
Bought by
M E K Properties & Investments Llc
Current Estimated Value
$2,232,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Outstanding Balance
$930,309
Interest Rate
4.23%
Mortgage Type
Commercial
Estimated Equity
$1,301,691

Purchase Details

Closed on
Mar 14, 2007
Sold by
Ghodsi Michael and Fazeli Negin
Bought by
Franklin Views Llc

Purchase Details

Closed on
Feb 15, 2007
Sold by
Franklin Views Llc
Bought by
Ghodsi Michael

Purchase Details

Closed on
Jan 9, 2006
Sold by
Torres Christopher J and Torres Irma D
Bought by
Franklin Views Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,000
Interest Rate
6.21%
Mortgage Type
Balloon

Purchase Details

Closed on
May 3, 2005
Sold by
Laska Paul B and Laska Judith A
Bought by
Torres Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
M E K Properties & Investments Llc $2,200,000 Equity Title Company
Franklin Views Llc -- Accommodation
Ghodsi Michael -- Accommodation
Franklin Views Llc $862,000 Alliance Title
Torres Christopher J $750,000 Equity
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open M E K Properties & Investments Llc $1,120,000
Previous Owner Franklin Views Llc $503,000
Previous Owner Torres Christopher J $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Rented $2,295 0.0% --
07/09/2020 07/09/20 Price Changed $2,295 -8.0% $3 / Sq Ft
05/09/2020 05/09/20 For Rent $2,495 -- --
Source: The MLS

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 $20,700 $1,658,667 $1,159,900 $498,767
2024 $20,454 $1,626,145 $1,137,157 $488,988
2023 $20,067 $1,594,260 $1,114,860 $479,400
2022 $19,154 $1,563,000 $1,093,000 $470,000
2021 $14,772 $1,179,421 $857,761 $321,660
2020 $14,916 $1,168,108 $848,966 $319,142
2019 $14,345 $1,145,220 $832,320 $312,900
2018 $14,244 $1,122,780 $816,000 $306,780
2016 $12,583 $995,092 $715,729 $279,363
2015 $12,406 $980,146 $704,979 $275,167
2014 $12,463 $960,947 $691,170 $269,777
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2020

    John Mitri

    Silverwood Properties

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Map

Source: The MLS

MLS Number: 20-577518

The MLS

APN: 5544-004-022

California Los Angeles County Los Angeles 90028 Hollywood

5524 Franklin Ave, Los Angeles, CA

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