
5648 Franklin Ave Los Angeles, CA 90028
Hollywood NeighborhoodHighlights
- Corner Lot
- Hiking Trails
- Laundry Room
About This Home
As of September 2021KW Commercial is pleased to present 5648 Franklin Ave, 1857, 1859, 1861 N Gramercy Pl. Subject consists of 4 large 1 bedroom/1 bathroom apartments with formal dining rooms. Each apartment is approximately 1,150 SF with in-unit washer and dryer and one parking space. Separately metered for gas and electric. With an 81 Walkscore, Gramercy/Franklin apartments are located in a walker's paradise, offering tenants access to an array of world-class shopping, dining, and entertainment destinations. Please DO NOT disturb tenants and DO NOT walk on the property.
Last Agent to Sell the Property
Keller Williams Realty Calabasas License #00778825 Listed on: 08/05/2021

Last Buyer's Agent
Keller Williams Realty Calabasas License #00778825 Listed on: 08/05/2021

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,259
Year Built
- Built in 1922
Lot Details
- 5,382 Sq Ft Lot
- No Common Walls
- Corner Lot
- Density is up to 1 Unit/Acre
Home Design
- 4,624 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Parking Available
- Assigned Parking
Listing and Financial Details
- Tax Lot 32
- Tax Tract Number 190301
- Assessor Parcel Number 5544002049
Community Details
Overview
- 4 Units
Recreation
- Hiking Trails
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $960
- Insurance Expense $2,997
- Operating Expense $22,707
- Gross Income $91,176
- Net Operating Income $65,734
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Los Angeles, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | -- | None Available | |
Grant Deed | $1,487,500 | First American Title | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | Ticor Title Company Of Ca | |
Individual Deed | $375,500 | Equity Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $115,625 | New Conventional | |
Previous Owner | $266,228 | New Conventional | |
Previous Owner | $337,500 | No Value Available |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/24/2025 02/24/25 | Price Changed | $1,670,000 | -4.0% | $361 / Sq Ft |
02/07/2025 02/07/25 | Price Changed | $1,740,000 | -3.1% | $376 / Sq Ft |
12/25/2024 12/25/24 | Price Changed | $1,795,000 | -5.3% | $388 / Sq Ft |
11/13/2024 11/13/24 | For Sale | $1,895,000 | +27.4% | $410 / Sq Ft |
09/21/2021 09/21/21 | Sold | $1,487,500 | -0.8% | $322 / Sq Ft |
08/05/2021 08/05/21 | For Sale | $1,500,000 | -- | $324 / Sq Ft |
Tax History Compared to Growth
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 | $19,259 | $1,578,546 | $1,061,208 | $517,338 |
2024 | $19,259 | $1,547,595 | $1,040,400 | $507,195 |
2023 | $18,891 | $1,517,250 | $1,020,000 | $497,250 |
2022 | $18,021 | $1,487,500 | $1,000,000 | $487,500 |
2021 | $7,031 | $543,106 | $325,867 | $217,239 |
2019 | $6,831 | $526,999 | $316,202 | $210,797 |
2018 | $6,733 | $516,666 | $310,002 | $206,664 |
2016 | $6,399 | $496,605 | $297,965 | $198,640 |
2015 | $6,311 | $489,147 | $293,490 | $195,657 |
2014 | $6,354 | $479,566 | $287,741 | $191,825 |
Agents Affiliated with this Home
-
Seller's Agent in 2024
Steven Nalchyan
Keller Williams Realty World Media Center
(818) 370-1070
-
Seller's Agent in 2021
Anie Mayelian
Keller Williams Realty Calabasas
(818) 915-9118
4 in this area
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR21167560

APN: 5544-002-049
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