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4253 Franklin Avenue

Los Angeles, CA 90027
  • $2,795,000
  • STATUS: ACTIVE
  • ON SITE: 108 Days
  • ID#: DW25025911
UPDATED: 11 min ago
$2,795,000
  • 8
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

4 townhome style units in Los Feliz. 4254 Franklin Ave was constructed in 1929 and consists of 2 vintage Spanish style duplexes. The unit mix consists of four very spacious 2 bed + 1 bath units units. All units have hardwood floors and individual private patio spaces with tile floors. Each unit has one assigned private parking space plus private parking for two additional vehicles. Franklin is located on a corner lot with great exposure in the one of the most desirable pockets of Los Feliz and walkable to many local amenities on Hillhurst Ave which is named one of the hottest spots in LA for local eateries, trendy cafes and boutique shops. Very close proximity to Griffith Park and within boundaries of Franklin Elementary School. The subject property has significant upside left in the rents and the property could make for a potential Tenants in Common (TIC), Condo Conversion and/or ADU implementation, buyer to verify. Ideal for owner-occupiers, value-add investors or builders alike! Its rare to find such an opportunity with several exit strategies. 4 townhome style units in Los Feliz. 4254 Franklin Ave was constructed in 1929 and consists of 2 vintage Spanish style duplexes. The unit mix consists of four very spacious 2 bed + 1 bath units units. All units have hardwood floors and individual private patio spaces with tile floors. Each unit has one assigned private parking space plus private parking for two additional vehicles. Franklin is located on a corner lot with great exposure in the one of the most desirable pockets of Los Feliz and walkable to many local amenities on Hillhurst Ave which is named one of the hottest spots in LA for local eateries, trendy cafes and boutique shops. Very close proximity to Griffith Park and within boundaries of Franklin Elementary School. The subject property has significant upside left in the rents and the property could make for a potential Tenants in Common (TIC), Condo Conversion and/or ADU implementation, buyer to verify. Ideal for owner-occupiers, value-add investors or builders alike! Its rare to find such an opportunity with several exit strategies.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/161061859
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4253 Franklin Avenue Los Angeles, CA 90027

  • Price: $2,795,000
  • Status: ACTIVE
  • On Site: 108 Days
  • Updated: 11 min ago
  • ID#: DW25025911
8
Beds
0
Baths
0
½ Baths
0.14
Acres
Neighborhood:
Los Angeles (90027)
County:
Los Angeles
Area:
Los Angeles (90027)
Property Description
4 townhome style units in Los Feliz. 4254 Franklin Ave was constructed in 1929 and consists of 2 vintage Spanish style duplexes. The unit mix consists of four very spacious 2 bed + 1 bath units units. All units have hardwood floors and individual private patio spaces with tile floors. Each unit has one assigned private parking space plus private parking for two additional vehicles. Franklin is located on a corner lot with great exposure in the one of the most desirable pockets of Los Feliz and walkable to many local amenities on Hillhurst Ave which is named one of the hottest spots in LA for local eateries, trendy cafes and boutique shops. Very close proximity to Griffith Park and within boundaries of Franklin Elementary School. The subject property has significant upside left in the rents and the property could make for a potential Tenants in Common (TIC), Condo Conversion and/or ADU implementation, buyer to verify. Ideal for owner-occupiers, value-add investors or builders alike! Its rare to find such an opportunity with several exit strategies. 4 townhome style units in Los Feliz. 4254 Franklin Ave was constructed in 1929 and consists of 2 vintage Spanish style duplexes. The unit mix consists of four very spacious 2 bed + 1 bath units units. All units have hardwood floors and individual private patio spaces with tile floors. Each unit has one assigned private parking space plus private parking for two additional vehicles. Franklin is located on a corner lot with great exposure in the one of the most desirable pockets of Los Feliz and walkable to many local amenities on Hillhurst Ave which is named one of the hottest spots in LA for local eateries, trendy cafes and boutique shops. Very close proximity to Griffith Park and within boundaries of Franklin Elementary School. The subject property has significant upside left in the rents and the property could make for a potential Tenants in Common (TIC), Condo Conversion and/or ADU implementation, buyer to verify. Ideal for owner-occupiers, value-add investors or builders alike! Its rare to find such an opportunity with several exit strategies.
Exterior Features

Lot Dimensions Approx 6226 Pool N/K Roof Tile/Clay Site Sidewalks Spa N/K

Interior Features

Cooling Wall/Window Heat Equipment Floor Furnace Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Annual Expense Actual 50411 Buildings 2 Cfd Mello Roos Fee 1507.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 171012 Home Owners Fees 0.0 Monthly Total Fees 125 Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 4095.0 Unit2 Rent Actual 3564.0 Unit3 Rent Actual 3672.0 Unit4 Rent Actual 2920.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Rickird Rey Ramirez of Ally Commercial Real Estate: 818-941-2990. Listing information © 2025 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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