5969 Franklin Avenue
Los Angeles, CA 90028
- Bedrooms
- Studio
- Bathrooms
- 0
- Interior
- 4,392 sq ft
- Year Built
- 1916
About this residence
Discover an exceptional investment opportunity in Hollywood, CA, just steps from vibrant Franklin Village! This 4,392-sq-ft, 4-unit property, features four spacious 2-bedroom, 1-bath units, all vacant and primed for customization and top of the market rents. It is situated a large lot for potential future expansion and/or parking. Nestled in one of Hollywood’s most prestigious neighborhoods, it offers unparalleled access to world-class dining, trendy nightlife, top-tier schools, employment hubs, and iconic entertainment like the Hollywood Walk of Fame. The adjacent property, with the same footprint but configured as an 8-unit, sold for $1.95M earlier this year—secure city approval to transform this gem into an 8-unit powerhouse for maximum returns. Ideal for savvy investors seeking a buy-and-hold or redevelopment project, this property promises strong rental income in a high-demand market. With its prime location and untapped potential, this is a rare find in Hollywood’s thriving real estate scene. All units will be delivered vacant.
Features & finishes
- Built In Features
- Ceiling Fans
- Crown Molding
- Storage
Property details
- Status
- Sold
- Property type
- Single-Family Home
- Price per sq ft
- $387/sq ft
- Days on market
- 21 days
- Listed
- August 15, 2025
- Year built
- 1916
- HOA fee
- $0/mo
- View
- CityLights
- Parking
- 3 spaces
- Furnished
- No
- Waterfront
- No
- MLS number
- PW25196034
Location & neighborhood
5969 Franklin Avenue, Los Angeles, CA 90028
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Mortgage calculator
- Principal & interest$8,596
- Property taxes$2,578
- Insurance$708
- HOA / fees$0
Estimate only. Taxes, insurance and HOA are approximate.
Listing courtesy of eXp Realty of California Inc · MLS PW25196034. Information deemed reliable but not guaranteed; buyers should independently verify all details.
Equal Housing Opportunity. LA Condo HQ is committed to compliance with all federal, state, and local fair housing laws. We do not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, or any other protected class. All measurements, square footage, and financial figures are approximate and provided for informational purposes only.