4253 Franklin Avenue

Los Angeles, CA 90027

$2,995,000
Price
8
Beds
4
Baths
4,954 Sq. Ft.
$605 / Sq. Ft.
4,954
Sq. Ft.
$605
per Sq. Ft.

Description

Price reduction! Seller is carry financing available! Lovely vintage character 1929 spanish fourplex! Prime los feliz corner is perfectly situated. This has to be the opportunity that your clients have been waiting for, whether they are investors or someone looking to buy to live in one and rent the others, this property satisfy's every need! Two separate buildings each one with two big and spacious units with 2 bedrooms and 1 bathroom, hardwood floors, all units have individual private patio with...Price reduction! Seller is carry financing available! Lovely vintage character 1929 spanish fourplex! Prime los feliz corner is perfectly situated. This has to be the opportunity that your clients have been waiting for, whether they are investors or someone looking to buy to live in one and rent the others, this property satisfy's every need! Two separate buildings each one with two big and spacious units with 2 bedrooms and 1 bathroom, hardwood floors, all units have individual private patio with tile floors, some units have a remodeled kitchen and each unit has its private laundry area inside the unit. Each unit has one assigned private parking plus a private parking for another two cars. Units are in reasonable condition all units are fully occupied rents are paid on time wonderful tenants. Drive by only. Subject to inspection with accepted offer. Rent roll, income, and expense statement available.
  1. Listed by Sonia Restrepo • DRE #01841378 • Brokerage DRE #00905345 • Pinnacle Estate Properties, Inc. • 818-621-7696
  2. Listed by Rickird Rey Ramirez • DRE #01964882 • Brokerage DRE #02142755 • Ally Commercial Real Estate

Property Details for 4253 Franklin Avenue

Architectural Style
Spanish
Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Lot Size Dimensions
6,226

Location

Listing Courtesy of Pinnacle Estate Properties, Inc., Sonia Restrepo, DRE #01841378; Ally Commercial Real Estate, Rickird Rey Ramirez, DRE #01964882
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LISTING UPDATED: 03/26/2024 10:59 AM

Property Details for 4253 Franklin Avenue

StatusActive
MLS #SR24004523
Days on Market111
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1929
CountyLos Angeles County

Location

Listing Courtesy of Pinnacle Estate Properties, Inc., Sonia Restrepo, DRE #01841378; Ally Commercial Real Estate, Rickird Rey Ramirez, DRE #01964882
Add your commute

Building Information for 4253 Franklin Avenue

Building/Complex4253 Franklin AveFloor-Stories1Residences-Pet Policy-Year Built1929Building Size-

Payment Calculator

$17,060 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,345

Property Taxes

$715

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4253 Franklin Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 5832
  • Tax Census Tract: 1952.02
  • CFD/Mello-Roos Fee: $1,507
  • Tax Lot: 39
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Interior Features: Balcony
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Floor Furnace
  • Heating: Floor Furnace
  • Heat Equipment: Floor Furnace
  • Flooring: Wood
Exterior Features
  • Roof: Tile
  • Entry Location: 1
  • Other Structures: Second Garage Attached
  • Property Condition: Repairs Cosmetic
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking: Yes
  • Parking Garage: Garage, Garage - 1 Car, Garage - 2 Car
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
  • Parking Features: Garage, Garage Faces Side, Garage - Single Door, Garage - Two Door
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 4253 Franklin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4253 Franklin Avenue

Taxable ValueLand$322,886Additions$266,376Total$589,262
Tax Record2023$8,584 ($715 / month)
Home Facts
Total Finished SqFt4,954 SqFtAbove Grade Finished SqFt4,954 SqFtLot Size6,232 SqFtStyleQuadraplexYear Built1929ZoningLAR1CountyLOS ANGELESAPN5591-016-002

Schools near 4253 Franklin Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - K to 2
Rating
School
Distance
Franklin Avenue Elementary School
PublicK to 6

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Lexington Avenue Primary Center
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4253 Franklin Avenue is a multi-family home for sale in Los Angeles, CA 90027. This property was listed for sale on January 8, 2024 by Pinnacle Estate Properties, Inc., it's currently listed at $2,995,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Franklin Avenue Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 4253 Franklin Avenue is a 8-bed, 4-bath, 4,954 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pinnacle Estate Properties, Inc., Sonia Restrepo, DRE #01841378; Ally Commercial Real Estate, Rickird Rey Ramirez, DRE #01964882

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.