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5528 Franklin Ave

Los Angeles, CA 90028
  • $2,995,000

    Price
  • 12

    Bed
  • 8

    Bath
  • 6,912

    SqFt

About the Listing X7203102 - X59895

5520 & 5528 Franklin Ave in Los Angeles, this 10-unit multifamily offering Two separate Building with two individual APN numbers, Great opportunity for a Developer or an investor to add value and choose their own tenants and rent amount, property will be delivered with 7 vacant units and 3 occupied units, RTI to convert 4 of the units to 2 bedroom, 5520 has six units 4 apartment plus 2 Guest rooms which will have two Apartment vacant and one Guest room Vacant, 5528 Franklin Is 4plex and entirely Vacant. The property is close by to Franklin Village Restaurant and shops, multiple huge new Developments close by such as Valero Gas station on corner of Western and Franklin turning to Brand new 89 units plus commercial, High demand area, close to Metro line and 101 Free way, With a pro forma 12.7 cap rate of 5.4 %, this asset offers a unique opportunity to re position and capture a significant upside in rents. Total Sqft of the building 6912 Sqft & lot Size 9535 Zone R3 Tier 3.

Listing Highlights for 5528 Franklin Ave

Status Active
Days on Site 7
Property Type Business Opportunity
MLS ® 18394868
Year Built 1921
Total Square Footage 6,912
Lot/Acreage 0.22

Interior Details

  • Bedrooms: 12
  • Bathrooms: 8 Full
  • Appliances:
  • Air Cond:
  • Heating: Wall Heater
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: 16 car
  • Zoning: LAR3
  • Roof:
  • Others:
  • Sewer:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:
  • Parking Features: Carport

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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5528 Franklin Ave Los Angeles, CA 90028

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Listing Courtesy of Eliza Kerndian, Keller Williams Realty Westside

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