5648 Franklin Ave, Los Angeles, CA 90028

$1,795,000 Asking Price

4 beds
4 baths
4,624  sqft
Built in 1922

Presenting 5648 Franklin Ave and 1857, 1859, 1861 N Gramercy Pl, a remarkable multifamily opportunity. This property consists of four spacious 1-bedroom/1-bathroom apartments, each featuring formal dining rooms. Each unit spans approximately 1,150 square feet and includes in-unit washer and dryer facilities along with one parking space. The property is separately metered for gas and electricity, making it an attractive investment. Residents can enjoy convenient access to Griffith Park, premier shopping, dining, and entertainment options. Please respect tenant privacy and refrain from entering the property unannounced. Tenants are not aware that the property is for sale. Please respect their privacy and avoid disturbing them.

Features & Amenities

Interior

General:
Family Room
Laundry:
Laundry Room
A/C:
true, Wall/Window Unit(s)
Fireplace:
None

Exterior

Pool:
None

Construction

General:
2

Location

HOA Amenities:
0.0
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
5544002049
View:
None

Utilities

Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
Keller Williams Realty World Media Center, Steven Nalchyan

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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