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4626 Franklin Ave, Los Angeles, CA 90027
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4626 Franklin Ave Los Angeles, CA 90027

$1,288,000 Sold Price as of 07/18/2019
  • 10 Beds
  • 10 Baths
  • 3,860 Sq.Ft.
Sold
$1,288,000 Sold Price as of 07/18/2019 Refinance Your Mortgage
Map preview of 4626 Franklin Ave, Los Angeles, CA 90027

Property Overview: 4626 Franklin Ave Los Angeles, CA has 10 bedrooms, 10 bathrooms, 3,860 living square feet and 6,759 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located in the Los Feliz area. Between Hillhurst Ave. and Vermont Ave. Four large one bedroom units with garages and additional area parking. One unit is vacant and can be shown. Each unit has washer/dryer hook-ups. This property is waiting to be brought back to its original beauty. Current rents are low with long term tenants. Charm and character building. Property to be sold in it's present physical condition, no credits to be issued.

Listed by Allen Levoff | BRE #00593762 | Sotheby's International Realty
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
6,759
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19468076
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,078
  • Total Rent: $1,078
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,040
  • Total Rent: $1,040
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $759
  • Total Rent: $759
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19
  • Gross Scheduled Income: --
  • Net Operating Income: $49,930
  • Gross Operating Income: $64,254
  • Improvements Total: $269,071
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4626 Franklin Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 4
  • Parcel Number: 5590015020
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Utilities: Cable Available
Location / Neighborhood
Location Information
  • Directions: West of Hillhurst, east of Vermont
View more facts & features

Local Los Angeles Agent

Sale History for 4626 Franklin Ave

Last sold for $620,000 on July 16th, 2020

  • July, 2020

  • Jul 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $620,000

    Price

  • May, 2020

  • May 28, 2020

    Date

    Sold (Public Records)

    Public Records

    $610,000

    Price

  • July, 2019

  • Jul 19, 2019

    Date

    Sold

    CRMLS: 19468076

    $1,288,000

    Price

  • Jun 27, 2019

    Date

    Pending

    CRMLS: 19468076

    $1,259,000

    Price

  • Jun 12, 2019

    Date

    Active Under Contract

    CRMLS: 19468076

    $1,259,000

    Price

  • Jun 10, 2019

    Date

    Active

    CRMLS: 19468076

    $1,259,000

    Price

  • Jun 3, 2019

    Date

    Hold

    CRMLS: 19468076

    $1,259,000

    Price

  • Jun 2, 2019

    Date

    Active

    CRMLS: 19468076

    $1,259,000

    Price

  • May 23, 2019

    Date

    Hold

    CRMLS: 19468076

    $1,259,000

    Price

  • May 20, 2019

    Date

    Active

    CRMLS: 19468076

    $1,259,000

    Price

Show More

Tax History for 4626 Franklin Ave

Assessed Value (2020): $1,288,000
Year Land Value Improved Value Assessed Value
2020 $888,000 $400,000 $1,288,000

Home Value Compared to the Market

This property vs the competition

4626 Franklin Ave sold on July 18, 2019 for 12.41% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $326.17 per/sqft which puts the price per square foot 54.95% lower than the current median sale per square foot for the city of Los Angeles.

About 4626 Franklin Ave

Detailed summary of property

4626 Franklin Ave is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered 10 bedrooms, 10 bathrooms, roughly 3,860 living square feet, and sits on an approximately 6,759 square foot lot. 4626 Franklin Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,288,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 12.41% higher than the current median priced home. Local homes that are currently for sale include 1537 N Kingsley Dr, 1119 N Heliotrope Dr and 4121 Gateway Ave. While the average home in Los Angeles, CA is selling in 106 days, 4626 Franklin Ave has a days on market of 21 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 4626 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 4626 Franklin Ave

Public county record property details
Beds
4
Baths
4
Year built
1922
Sq. Ft.
3,860
Lot Size
6,759
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
43
APN
5590-015-020

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
$2,495,000
Median List Price/Sq.Ft.
$938
Median Sold Price
$2,340,000
Median Sold Price/Sq.Ft.
$1,093
Total Inventory
81
Median Sale to List Price %
126.55%
Avg Days on Market
35
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (7.14%), Other (0%)

Thinking of Selling?

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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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