8 days on rocket

5648 Franklin Ave, Los Feliz, CA, 90028

$1,895,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
4,624 SqFt
$410/SqFt
Multi

Location

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5648 Franklin Ave, Los Angeles$1,895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1922
CoolingWall/Window Unit(s)
FireplaceNone
ViewNone
MLS #BB24232554
Lot Size0.12 Acres
StatusActive

About 5648 Franklin Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 2
  • Living Area: 4,624 SqFt

Listing Office:

  • Office Name: Keller Williams Realty World Media Center
  • Office Phone: (818) 370-1070
  • Listing Agent: Steven Nalchyan

Interior Features

Interior Information:

  • Interior: Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Lot Features

Lot Information:

  • Lot: Corner Lot, Lawn, Landscaped
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Turn right on Franklin ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,895,000
  • Price Per SqFt: $410/SqFt
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

5648 Franklin Ave vs Los Angeles

8 DAYS ON ROCKET

-30 Days

$1,895,000

+$871.5K More

$410/SqFt

-$231 Less

KEY TAKEAWAY

This property is $871.5K more than the Median Sold Price and $231/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #BB24232554

Listing Office:

  • Office Name: Keller Williams Realty World Media Center
  • Office Phone: (818) 370-1070
  • Listing Agent: Steven Nalchyan

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,525

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,748

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-270143
5
/10

  • Grant Elementary School

  • 1530 N Wilton Pl

  • 0.38 miles

  • Public District Grades KG-6

school-card-donut-270144
5
/10

  • Cheremoya Avenue School

  • 6017 Franklin Ave

  • 0.47 miles

  • Public District Grades PK-6

school-card-donut-270145
6
/10

  • Citizens of the World Charter School Hollywood

  • 1316 N Bronson Ave

  • 0.73 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,659. The majority of Los Angeles, CA residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90028›5648 Franklin Ave

This home is located at 5648 Franklin Ave in Los Feliz, CA and zip code 90028 in the Central LA neighborhood. This 4,624 square foot home, which was built in 1922, sits on a 0.12 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $1,895,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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