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4253 Franklin Ave, Los Angeles, CA 90027
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4253 Franklin Ave Los Angeles, CA 90027

$2,995,000
  • 8 Beds
  • 4 Baths
  • 4,954 Sq.Ft.
For Sale
$2,995,000 Get Pre-Qualified
Map preview of 4253 Franklin Ave, Los Angeles, CA 90027

Property Overview: 4253 Franklin Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 4,954 living square feet and 6,229 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: ** 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.

Listed by Sonia Restrepo | BRE #01841378 | Pinnacle Estate Properties, Inc.
Co-listed by Rickird Rey Ramirez | BRE #01964882 | Ally Commercial Real Estate
Last checked: 11 minutes ago | Last updated: March 27th, 2024 | Source CRMLS | DOM: 106
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Home details

Lot Sq. Ft
6,229
HOA Dues
$0/mo
Year built
1929
Garage
6 Car
Property Type:
Apartment
Status
Active
MLS#
SR24004523
City
Los Angeles
County
Los Angeles
Time on Site
115 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 4253 Franklin Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Room Information
  • Flooring: Wood
  • All Bedrooms Down
Interior Features
  • Balcony
Exterior Features
Exterior Information
  • Roof: Tile
  • Other Structures: Second Garage Attached
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage, Garage Faces Side, Garage - Single Door, Garage - Two Door
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5591016002
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: ON THE CORNER OF FRNAKLIN AND TALMADGE ST.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 4253 Franklin Ave

Last sold on November 16th, 2020

  • January, 2024

  • Jan 9, 2024

    Date

    Active

    CRMLS: SR24004523

    $3,295,000

    Price

  • November, 2020

  • Nov 16, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2011

  • Sep 22, 2011

    Date

    Expired

    CRMLS: 22138823

    $1,400,000

    Price

  • May 18, 2010

    Date

    Active

    CRMLS: 22138823

    $1,595,000

    Price

  • Listing provided courtesy of CRMLS

    INVESTORS! A PRIME STRONGHOLD LOCATION IS THIS 4 UNIT SPANISH LOS FEILZ PROPERTY ADD TO YOUR HOLDINGS THIS LOVELY VINTAGE CHACTER 1929 SPANISH PROPERTY. ALL TWO BEDROOMS. TWO BUILDINGS. PRIME LOS FELIZ CORNER PERFECTLY SITUATED.. DRIVE BY ONLY SUBJECT TO INSPECTION WITH ACCEPTED OFFER. BUYER TO COOPERATE WITH SELLERS 1031 EXCHANGE AND/OR REVERSED EXCHANGE. REQUEST AN INCOME& EXPENSE STATEMENT

  • January, 1995

  • Jan 13, 1995

    Date

    Sold (Public Records)

    Public Records

    $365,000

    Price

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Tax History for 4253 Franklin Ave

Assessed Value (2020): $560,575
Year Land Value Improved Value Assessed Value
2020 $307,167 $253,408 $560,575

Home Value Compared to the Market

This property vs the competition

4253 Franklin Ave is listed 144.49% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $604.56 per/sqft which puts the price per square foot 21.89% lower than the median price per square foot for the city of Los Angeles.

About 4253 Franklin Ave

Detailed summary of property

4253 Franklin Ave is a apartment located in Los Angeles, CA 90027 and is currently for sale. This apartment offers 8 bedrooms, 4 bathrooms, roughly 4,954 living square feet, and sits on an approximately 6,229 square foot lot. 4253 Franklin Ave was first listed on ArdentRealEstateGroup.com on January 10, 2024. The homeowner is currently asking $2,995,000 and was originally asking $3,295,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 144.49% higher than the median priced home. Local competing homes currently for sale include 4351 Normal Ave, 811 Kodak Dr and 1214 N Kingsley Dr. While the average home in Los Angeles, CA is selling in 96 days, 4253 Franklin Ave has a days on market of 106 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 4253 Franklin Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4253 Franklin Ave

Public county record property details
Beds
8
Baths
4
Year built
1929
Sq. Ft.
4,954
Lot Size
6,230
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
39
APN
5591-016-002

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,399,000
Median List Price/Sq.Ft.
$989
Median Sold Price
$1,785,930
Median Sold Price/Sq.Ft.
$941
Total Inventory
84
Median Sale to List Price %
99.49%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (7.69%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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