2 months on rocket

5977 Franklin Ave, Los Angeles, CA, 90028

$2,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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5977 Franklin Ave, Los Angeles$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUncovered
Year Built1930
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
MLS #PW24191294
Lot Size0.17 Acres
StatusActive

About 5977 Franklin Ave

Beautiful 8-plex comprising of four studios and four one-bedroom apartments with 7 assigned parking spaces. This property is located in the heart of Franklin Village in prime Hollywood, is half a block from shops cafes and restaurants and UCB theater and one block from the Gelson's supermarket. First time on the market in 40 years.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 2

Listing Office:

  • Office Name: First American Team Realty Inc
  • Office Phone: (310) 922-5195
  • Listing Agent: Iacopo Wachter

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Uncovered

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: N/101 Frwy; E/Cheremoya Ave; W/Tamarind Ave; S/ Chula Vista Wy

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000

Tax Information:

  • Annual Amount: $6,228
  • Tax Year: 2021
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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

5977 Franklin Ave vs Los Angeles

72 DAYS ON ROCKET

+34 Days

$2,100,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24191294

Listing Office:

  • Office Name: First American Team Realty Inc
  • Office Phone: (310) 922-5195
  • Listing Agent: Iacopo Wachter

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: 11/24/2024, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,228$436,134
2020$6,067$430,871
2019$5,947$422,423
2018$5,789$414,141
2017$5,789$406,021

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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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-1240162
5
/10

  • Cheremoya Avenue School

  • 6017 Franklin Ave

  • 0.04 miles

  • Public District Grades PK-6

school-card-donut-1240163
5
/10

  • Grant Elementary School

  • 1530 N Wilton Pl

  • 0.55 miles

  • Public District Grades KG-6

school-card-donut-1240164
6
/10

  • Citizens of the World Charter School Hollywood

  • 1316 N Bronson Ave

  • 0.74 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 $72,804. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5977 Franklin Ave

What is the listing price of this property?

The listing price of 5977 Franklin Ave property is $2,100,000.

What type of property is this?

The property 5977 Franklin Ave is a condo located in Los Angeles, California, 90028.

Is this property for sale now?

Active Listing: 5977 Franklin Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,228 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 5977 Franklin Ave is 1930.

Rocket Homes›California›Los Angeles County›Los Angeles›90028›5977 Franklin Ave

This home is located at 5977 Franklin Ave in Los Angeles, CA and zip code 90028 in the Central LA neighborhood. This home, which was built in 1930, sits on a 0.17 acre lot. It has been listed on Rocket Homes since September 14, 2024 and is currently priced at $2,100,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

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

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