Seller's Agent in 2022
Gary Keshishyan
Pinnacle Estate Properties
(818) 606-6069
1 in this area
548 Total Sales
5672 Franklin Ave Los Angeles, CA 90028
Hollywood NeighborhoodEstimated Value: $2,202,135 - $2,722,000
8
Beds
4
Baths
5,016
Sq Ft
$494/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Built-In Features
- Living Room
- Balcony
- Walk-In Closet
- Recessed Lighting
About This Home
As of March 2022We are thrilled to present you this Franklin Village Stunner!!! Located in one of the most Prestige/Famous neighborhood of Hollywood with unparalleled access to nightlife, world class dining, education, employment opportunities and exciting entertainment options. Seller has spent thousands and thousands of $$'s on the upgrades. Features include updated roof last 2 years, updated main electrical panel in 2021, all new exterior lighting with dusk/dawn controls, new metal/stone stairs, seamless gutters, pavers the entire back yard and drive way, all units with in unit laundry hook-ups and central air & heat, gated entrance with remote access, brand new exterior paint throughout, recessed lighting, copper plumbing , newer sewer line and so much more. (Per unit breakdown) 5666 Franklin - 2 bed 1 bath with approx 1254 sqft of living space, updated kitchen and bath, electric fireplace, wood flooring, large walk in closet with built-ins, 5668 Franklin - 2 bed 1 bath approx 1254 sqft, updated kitchen with stainless steel appliances, updated bath, Nest thermostat, wood flooring, large walk in closet with built-ins, newer water heater, 5670 Franklin - 2 bed, 1 bath, approx 1254 sqft, updated kitchen with quartz countertops and stainless steel appliances, updated bath, Nest thermostat, large walk in closet with built-ins, newer water heater, 5672 Franklin - 2 bed, 1 bath, approx 1254 sqft, updated kitchen and bath, Nest thermostat, laminated flooring, large walk in closet with built-ins. Huge upside in rents with so much potential. Ideal for owner user (seller occupying one of the units and can be delivered vacant) or perfect property for an investor looking in one of the most famous neighborhoods.
Last Agent to Sell the Property
Pinnacle Estate Properties License #01276434 Listed on: 01/12/2022
Last Buyer's Agent
Pinnacle Estate Properties License #01276434 Listed on: 01/12/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 7,409 Sq Ft Lot
- 1 Common Wall
- Garden
- Front Yard
- Density is 2-5 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 5,016 Sq Ft Home
- Built-In Features
- Recessed Lighting
- Electric Fireplace
- Living Room
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Disposal
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- Walk-In Closet
- 4 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Parking
- Parking Available
- Assigned Parking
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tax Lot 30
- Assessor Parcel Number 5544002046
- $739 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,700
- Insurance Expense $4,500
- Operating Expense $7,200
- Gross Income $117,600
- Net Operating Income $110,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 12, 2022
Closed on
Mar 10, 2022
Sold by
Keshishkeryan Marine
Bought by
Akopyan Askanaz
Seller's Agent
Gary Keshishyan
Pinnacle Estate Properties
Buyer's Agent
Gary Keshishyan
Pinnacle Estate Properties
List Price
$2,475,000
Sold Price
$2,100,000
Premium/Discount to List
-$375,000
-15.15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,034
Avg. Annual Appreciation
4.16%
Purchase Details
Closed on
Feb 25, 2019
Sold by
Nvard Marabyan Vagan and Nvard Peshtimaldzhyan
Bought by
Marabyan Akop and Marabyan Ani
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,067,000
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 4, 2003
Sold by
Marabyan Vagan and Peshtimaldzhyan Nvard
Bought by
Marabyan Vagan
Purchase Details
Closed on
Jan 30, 1998
Sold by
Afifi Mourad and Marantanalert Thanomsri
Bought by
Marabyan Vagan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7%
Purchase Details
Closed on
Aug 20, 1996
Sold by
Afifi Mourad
Bought by
Afifi Mourad and Maratanalert Thanomsri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.7%
Purchase Details
Closed on
Jul 13, 1995
Sold by
Afifi Gevork and Afifi Gohar
Bought by
Afifi Mourad
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Akopyan Askanaz | -- | Priority Title | |
| Marabyan Akop | -- | Lawyers Title Company | |
| Marabyan Vagan | -- | Gateway Title Company | |
| Marabyan Vagan | -- | Gateway Title Company | |
| Afifi Mourad | -- | Equity Title | |
| Afifi Mourad | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Marabyan Akop | $1,067,000 | |
| Previous Owner | Marabyan Vagan | $255,000 | |
| Previous Owner | Afifi Mourad | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/11/2022 03/11/22 | Sold | $2,100,000 | -15.2% | $419 / Sq Ft |
| 02/07/2022 02/07/22 | Pending | -- | -- | -- |
| 01/12/2022 01/12/22 | For Sale | $2,475,000 | -- | $493 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $27,004 | $2,228,536 | $1,559,975 | $668,561 |
| 2024 | $27,004 | $2,184,840 | $1,529,388 | $655,452 |
| 2023 | $26,484 | $2,142,000 | $1,499,400 | $642,600 |
| 2022 | $9,950 | $786,495 | $493,680 | $292,815 |
| 2021 | $9,807 | $771,074 | $484,000 | $287,074 |
| 2019 | $5,397 | $403,644 | $238,509 | $165,135 |
| 2018 | $5,250 | $395,731 | $233,833 | $161,898 |
| 2016 | $4,972 | $380,366 | $224,754 | $155,612 |
| 2015 | $4,904 | $374,653 | $221,378 | $153,275 |
| 2014 | $4,944 | $367,315 | $217,042 | $150,273 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Keshishyan
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22006459
APN: 5544-002-046
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. 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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