4730 Franklin Ave is a 10-unit multifamily property located in the East Hollywood / Los Feliz area, situated directly on Franklin Ave, north of Hollywood Blvd and south of Los Feliz Blvd, and in close proximity to Vermont Ave. The property consists of approximately 7,130 SF of building area on an 8,250 SF lot and currently generates approximately $190,716 in gross annual income.The asset offers stable in-place cash flow with value-add potential through rent growth, unit upgrades, and improved operations, subject to local regulations. The surrounding area continues to experience residential redevelopment, supporting long-term rental demand and appreciation.The property is conveniently located near neighborhood dining, retail, public transportation, and major thoroughfares with easy access to Silver Lake, Hollywood, Mid-Wilshire, and Downtown Los Angeles.
Listing courtesy of Listing Agent: Sang (Brian) Ji (Brian@TcomApts.com) from Listing Office: Total Commercial, Inc..
Listing sold by Sang (Brian) Ji from Total Commercial, Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.