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5528 FRANKLIN Avenue

Los Angeles, CA 90028
14 bed
12 bath
6,912 sqft
$3,195,000
On ZeroDown: 2 months ago

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Rare Find
Nicole
Only 14-bedroom home among 36 homes for sale in 90028 zip code.
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How is the Air Quality?
Jennifer
Air quality around the home was good for about 352 days. The decrease in air quality was caused by the smoke from wildfires.
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About

Great income property located in Heart of Hollywood on the border of Los Feliz and Franklin Village. Remodeled 10 units, Consists of two side by side buildings, Two separate APN's,By far Area Lowest GRM of 13.6, Cap Rate 5.6, Gross income $233,388. Great Units mix of 7 X 2 bedroom 3 studios, Most units have front and rear access, private in unit laundry area ... Read more
Year Built
:
1921
MLS #
:
20551728
Lot Size
:
9,500 sq ft.
Property Type
:
Residential Income
Status
:
Active
Style
:
, Residential Income
County
:
Los Angeles
Virtual Tour
:
Time On ZeroDown
:
2 months
Floor Size
:
6,912 sq ft.
Listed by: Eliza Kerndian
Brokerage: Keller Williams Realty Westside
MLS#: 20551728
Source: CRMLS
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Property Details

Interior Features
Unit Type 3 Information
# of Beds:
2
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$2,299.0
Projected Rent:
$2,700.0
# of Units:
1
Actual Rent:
$2,299.0
Unit Type 4 Information
# of Beds:
2
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$903.0
Projected Rent:
$2,700.0
# of Units:
1
Actual Rent:
$903.0
Unit Type 9 Information
# of Beds:
2
# of Baths:
2
Furnished:
Unfurnished
Total Rent:
$2,700.0
Projected Rent:
$2,700.0
# of Units:
1
Actual Rent:
$2,700.0
Unit Type 7 Information
# of Beds:
2
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$2,500.0
Projected Rent:
$2,500.0
# of Units:
1
Actual Rent:
$2,500.0
Interior Features
Flooring:
Laminate, Tile
Unit Type 8 Information
# of Beds:
2
# of Baths:
2
Furnished:
Unfurnished
Total Rent:
$2,700.0
Projected Rent:
$2,700.0
# of Units:
1
Actual Rent:
$2,700.0
Unit Type 6 Information
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$1,400.0
Projected Rent:
$1,400.0
# of Units:
1
Actual Rent:
$1,400.0
Heating & Cooling
Cooling:
Wall/Window Unit(s)
Unit Type 2 Information
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$1,450.0
Projected Rent:
$1,450.0
# of Units:
1
Actual Rent:
$1,450.0
Multi-Unit Information
Gross Income:
$233,388.0
Total Expense:
$52,000.0
# of Buidings:
2
Trash Expense:
$3,600.0
Insurance Expense:
$5,000.0
New Taxes Expense:
$34,000.0
Gross Rent Multiplier:
13.6
Net Operating Income:
$181,388.0
Vacancy Allowance Rate:
3.0
Unit Type 5 Information
# of Beds:
2
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$2,000.0
Projected Rent:
$2,000.0
# of Units:
1
Actual Rent:
$2,000.0
Unit Type 1 Information
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$997.0
Projected Rent:
$1,800.0
# of Units:
1
Actual Rent:
$997.0
Unit Type 10 Information
# of Beds:
2
# of Baths:
1
Furnished:
Unfurnished
Total Rent:
$2,500.0
Projected Rent:
$2,500.0
# of Units:
1
Actual Rent:
$2,500.0
Details provided by CRMLS and may not match the public record.
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Frequently Asked Questions

How many beds, baths, and sq. ft. does this home have?
5528 FRANKLIN Avenue is a 6912 sq ft house with 14 beds and 12 baths.
What’s the current price of this home?
5528 FRANKLIN Avenue is currently priced at 3,195,000.
How many photos are available for this home?
ZeroDown has 40 photos of 5528 FRANKLIN Avenue.
Is 5528 FRANKLIN Avenue in a quiet neighborhood?
Ambient noise level around this home is 70 - 80 dBA, classified as Very Loud - Unsafe over extended time periods. Sounds like a vaccum cleaner.
What are the food delivery options for 5528 FRANKLIN Avenue?
Food delivery available from 3742+ restaurants and over 85 different cuisines to discover, powered by Doordash. Good quality food mostly delivered within 30 minutes.
What are the internet/broadband options for 5528 FRANKLIN Avenue?
Get into the gaming mode with 940.0+ Mbps download speeds available on this block powered by Charter Communications, Inc..
What are the nearest hospitals/urgent care centers for 5528 FRANKLIN Avenue?
5 urgent care centers at a driving distance of 10 mins. 5 hospitals at a driving distance of 10 mins.
What are the school options for 5528 FRANKLIN Avenue?
The nearby elementary school, middle school and high school quality ratings from Niche are very similar. If you have children and desire a consistent school experience as they grow up, this home may be a good place to plant long-term roots. Citizens of the World Charter School Hollywood (#109 in state), Larchmont Charter School (#107 in state) among 4 A+/A rated public elementary schools in the district. Ratings and rankings are from Niche. Larchmont Charter School (#28 in metro), Los Angeles Center for Enriched Studies (#4 in metro) among 6 A+/A rated public middle schools in the district. Ratings and rankings are from Niche. Los Angeles Center for Enriched Studies (#31 in metro), Larchmont Charter School (#146 in state) among 6 A+/A rated public high schools in the district. Ratings and rankings are from Niche.
How does it feel to live in 90028 zip code?
90.69% of the households in this zip code(90028) are renter-occupied.
When was this home built?
5528 FRANKLIN Avenue was built in 1921.
How long has this home been listed on ZeroDown?
5528 FRANKLIN Avenue has been on ZeroDown for 2 months.
How is the air quality around 5528 FRANKLIN Avenue?
Air quality around the home was good for about 352 days. The decrease in air quality was caused by the smoke from wildfires.
Are there electric charging stations around 5528 FRANKLIN Avenue?
278 electric car charging points within a 5-minute driving distance.
How quickly do homes sell in this neighborhood?
Average days on market for homes in this area was 47 days this month, 55 days last month and 113 days last year.
What are the public transportation options for 5528 FRANKLIN Avenue?
The nearest airport is Bob Hope Airport, which is 7.2 miles away. Franklin & Western Ave. (LADOT BUS), Western / Franklin (LA Metro BUS) stations are within walking distance
What are the grocery and delivery options for 5528 FRANKLIN Avenue?
1 grocery stores at a walking distance of 2-5 mins. Grocery delivery available from 39 stores including Sam's Club, Gelson's, Super King, Smart & Final and Costco. Powered by Instacart.
What are child care options around 5528 FRANKLIN Avenue?
This home is great if you have young kids. There are at least 13 child care centers within 0.4 miles of this home. Child care centers include pre-schools, day-cares and nursery schools.,Nearest preschool is 0.6 miles away, there are about 4 preschools within a 5-15 mile radius.,There are at least 5 day-cares within 10 miles of this home, the closest one is approx. 9 mins walk.

Listing Courtesy of: CRMLS_CA and Keller Williams Realty Westside. Based on information from California Regional Multiple Listing Service, Inc
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.