
5977 Franklin Ave Los Angeles, CA 90028
Hollywood Hills NeighborhoodHighlights
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Front Yard
About This Home
As of February 2025Beautiful 8-plex comprising of four studios and four one-bedroom apartments with 7 assigned parking spaces. This property is located in the heart of Franklin Village in prime Hollywood, is half a block from shops cafes and restaurants and UCB theater and one block from the Gelson's supermarket. First time on the market in 40 years.
Last Agent to Sell the Property
First American Team Realty Inc Brokerage Phone: 310-922-5195 License #01487692 Listed on: 09/13/2024
Property Details
Home Type
- Apartment
Year Built
- Built in 1930
Lot Details
- 7,501 Sq Ft Lot
- No Common Walls
- Front Yard
Interior Spaces
- 4,464 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 8 Bathrooms
Parking
- 7 Open Parking Spaces
- 7 Parking Spaces
- Parking Available
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 34
- Tax Tract Number 189
- Assessor Parcel Number 5586014006
- $1,146 per year additional tax assessments
Community Details
Overview
- 8 Units
Building Details
- Rent Control
- 8 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $4,000
- Trash Expense $1,200
- Water Sewer Expense $1,440
- Operating Expense $6,640
- Gross Income $99,216
- Net Operating Income $92,576
Similar Homes in Los Angeles, CA
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/10/2025 02/10/25 | Sold | $1,950,000 | -7.1% | $437 / Sq Ft |
11/14/2024 11/14/24 | Price Changed | $2,100,000 | -4.5% | $470 / Sq Ft |
09/26/2024 09/26/24 | Price Changed | $2,200,000 | -8.3% | $493 / Sq Ft |
09/13/2024 09/13/24 | For Sale | $2,400,000 | -- | $538 / Sq Ft |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2025
Iacopo Wachter
First American Team Realty Inc
(310) 922-5195
1 in this area
7 Total Sales
-
Buyer's Agent in 2025
Jared Levine
Keller Williams Realty Calabasas
(818) 657-6500
1 in this area
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24191294

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