5969 Franklin Ave

Discover an exceptional investment opportunity in Hollywood, CA, just steps from vibrant Franklin Village!

This 4,392-sq-ft, 4-unit property, features four spacious 2-bedroom, 1-bath units, all vacant and primed for customization and top of the market rents. It is situated a large lot for potential future expansion and/or parking. Nestled in one of Hollywood s most prestigious neighborhoods, it offers unparalleled access to world-class dining, trendy nightlife, top-tier schools, employment hubs, and iconic entertainment like the Hollywood Walk of Fame. The adjacent property, with the same footprint but configured as an 8-unit, sold for $1.95M earlier this year secure city approval to transform this gem into an 8-unit powerhouse for maximum returns. Ideal for savvy investors seeking a buy-and-hold or redevelopment project, this property promises strong rental income in a high-demand market. With its prime location and untapped potential, this is a rare find in Hollywood s thriving real estate scene. All units will be delivered vacant.

This home located at 5969 Franklin AVE is currently active and has been available on pardeeproperties.com for 1 day. This property is listed at $1,900,000. It has 2 beds and 1 bathrooms. The property was built in 1916. 5969 Franklin AVE is in the Hollywood community of Los Angeles County.

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