5666 Franklin Ave, Los Angeles, CA 90028
Image 2 for 5666 Franklin Ave, Los Angeles, CA 90028
Image 3 for 5666 Franklin Ave, Los Angeles, CA 90028
View Photos

5666 Franklin Ave Los Angeles, CA 90028

$2,100,000 Sold Price as of 03/11/2022
  • 8 Beds
  • 4 Baths
  • 5,016 Sq.Ft.
Sold
$2,100,000 Sold Price as of 03/11/2022 Refinance Your Mortgage

Map preview of 5666 Franklin Ave, Los Angeles, CA 90028

Property Overview: 5666 Franklin Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 5,016 living square feet and 7,409 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are thrilled to present you this Franklin Village Stunner!!! Located in one of the most Prestige/Famous neighborhood of Hollywood with unparalleled access to nightlife, world class dining, education, employment opportunities and exciting entertainment options. Seller has spent thousands and thousands of $$'s on the upgrades. Features include updated roof last 2 years, updated main electrical panel in 2021, all new exterior lighting with dusk/dawn controls, new metal/stone stairs, seamless gutters, pavers the entire back yard and drive way, all units with in unit laundry hook-ups and central air & heat, gated entrance with remote access, brand new exterior paint throughout, recessed lighting, copper plumbing , newer sewer line and so much more. (Per unit breakdown) 5666 Franklin - 2 bed 1 bath with approx 1254 sqft of living space, updated kitchen and bath, electric fireplace, wood flooring, large walk in closet with built-ins, 5668 Franklin - 2 bed 1 bath approx 1254 sqft, updated kitchen with stainless steel appliances, updated bath, Nest thermostat, wood flooring, large walk in closet with built-ins, newer water heater, 5670 Franklin - 2 bed, 1 bath, approx 1254 sqft, updated kitchen with quartz countertops and stainless steel appliances, updated bath, Nest thermostat, large walk in closet with built-ins, newer water heater, 5672 Franklin - 2 bed, 1 bath, approx 1254 sqft, updated kitchen and bath, Nest thermostat, laminated flooring, large walk in closet with built-ins. Huge upside in rents with so much potential. Ideal for owner user (seller occupying one of the units and can be delivered vacant) or perfect property for an investor looking in one of the most famous neighborhoods.

Listed by Gary Keshishyan | BRE #01276434 | Pinnacle Estate Properties
Last checked: 1 minute ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
7,409
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SR22006459
City
Los Angeles
County
Los Angeles
Time on Site
981 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $117,600
  • Net Operating Income: $110,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,200
  • Electric: $2,700
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $4,500
  • Water/Sewer: $0

Property Details for 5666 Franklin Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside, See Remarks, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Electric
Room Information
  • Flooring: Laminate, Tile, Vinyl, Wood
  • Kitchen, Living Room, See Remarks, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water Heater
Interior Features
  • Balcony, Built-in Features, Recessed Lighting
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard, Garden, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5544002046
  • Year Built Source: Assessor
  • Property is Attached
  • Accessibility Features: 2+ Access Exits
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, See Remarks
Location / Neighborhood
Location Information
  • Directions: On Franklin Ave.
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 5666 Franklin Ave

Last sold for $2,100,000 on March 11th, 2022
  • February, 2022

  • Feb 10, 2022

    Date

    Pending

    CRMLS: SR22006459

    $2,475,000

    Price

  • October, 2020

  • Oct 23, 2020

    Date

    Expired

    CRMLS: 320002612

    $2,700

    Price

  • Oct 6, 2020

    Date

    Price Change

    CRMLS: 320002612

    $2,700

    Price

  • Jul 29, 2020

    Date

    Active

    CRMLS: 320002612

    $2,850

    Price

  • Listing provided courtesy of CRMLS

    A Hollywood beauty for lease! Nestled on a nice quiet street in Hollywood find an incredible bright and spacious 2 bedroom, 1 bathroom unit with glossy hardwood flooring, tons of natural sunlight in every room, along with plenty of storage space and central AC! There is a cozy kitchen with sleek countertops, stainless steel appliances and lots of cabinet space. Both bedrooms are nice and spacious. The larger of the rooms has a walk-in closet. This unit has a laundry area and a private balcony where you can add outdoor seating! Trendy neighborhood, close to Hollywood entertainment, popular restaurants, supermarkets, easy 101 freeway access and much more!

  • April, 1998

  • Apr 3, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 1996

  • Aug 27, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5666 Franklin Ave

Assessed Value (2020): $763,169
Year Land Value Improved Value Assessed Value
2020 $479,038 $284,131 $763,169

Home Value Compared to the Market

This property vs the competition

5666 Franklin Ave sold on March 11, 2022 for 120.98% 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 $493.42 per/sqft which puts the price per square foot 31.85% lower than the current median sale per square foot for the city of Los Angeles.

About 5666 Franklin Ave

Detailed summary of property

5666 Franklin Ave is a multi family that recently sold in Los Angeles, CA 90028. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 5,016 living square feet, and sits on an approximately 7,409 square foot lot. 5666 Franklin Ave was first listed on ArdentRealEstateGroup.com on January 12, 2022. The homeowner sold the property for $2,100,000. 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 120.98% higher than the current median priced home. Local homes that are currently for sale include 1417 N Kenmore Ave, 1216 N Mariposa Ave and 5418 Lemon Grove Ave. While the average home in Los Angeles, CA is selling in 106 days, 5666 Franklin Ave has a days on market of 26 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 5666 Franklin Ave Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5666 Franklin Ave

Public county record property details
Beds
8
Baths
4
Year built
1920
Sq. Ft.
5,016
Lot Size
7,409
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
30
APN
5544-002-046

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,099,000
Median List Price/Sq.Ft.
$695
Median Sold Price
$1,015,000
Median Sold Price/Sq.Ft.
$728
Total Inventory
51
Median Sale to List Price %
101.5%
Avg Days on Market
32
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

Related Resources to 5666 Franklin Ave

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.