R3-1 Zoned | Income in Place | Multifamily Upside
7148 Marshfield Way presents a rare opportunity to acquire an income-producing property with R3-1 multifamily zoning. The home is currently tenant-occupied, providing immediate rental income while offering long-term redevelopment potential. Interiors by Gibson House.
R3 zoning allows for multifamily construction (buyer to verify density, setbacks, and development standards), creating multiple strategic options: hold for cash flow, add units where permissible, or redevelop to maximize land value.
Investor and developer ready — properties combining in-place income with true density upside are increasingly scarce.
Tenant occupied. Do not disturb.
7250 FRANKLIN Avenue 616: Sold $690,000 · 2 bd · 2 ba · 1,212 sqft · Aug 2026 · 0.2 mi Keller Williams Realty Los Feliz | DRE #01844869 Buyer's agent: Scott Goshorn, Rodeo Realty | DRE #01964409
7250 Franklin 311: Sold $275,000 · 1 ba · 536 sqft · Sep 2026 · 0.2 mi Pinnacle Estate Properties, Inc. | DRE #02136109 Buyer's agent: Alan Triger, Keller Williams Studio City | DRE #01998334
7250 Franklin Avenue 1112: Sold $682,500 · 2 bd · 2 ba · 1,009 sqft · Jul 2026 · 0.2 mi Coldwell Banker Realty | DRE #01748879 Buyer's agent: Denise Bryson, Rodeo Realty | DRE #01830546
1735 N Fuller Ave 330: Sold $342,000 · 1 ba · 513 sqft · Jul 2026 · 0.2 mi RE/MAX MASTERS REALTY | DRE #02000229 Buyer's agent: Joshua Schneider, Keller Williams Larchmont | DRE #02140124
1750 Camino Palmero Street 236: Sold $475,000 · 1 bd · 1 ba · 831 sqft · Jul 2026 · 0.2 mi Keller Williams Realty Los Feliz | DRE #02042241 Buyer's agent: Shayla Press, eXp Realty of Greater Los Angeles, Inc. | DRE #02253750
7249 Franklin Avenue 205: Sold $800,000 · 2 bd · 2 ba · 1,610 sqft · Jul 2026 · 0.2 mi Berkshire Hathaway Crest | DRE #01377685 Buyer's agent: Cristie St. James, Berkshire Hathaway HomeServices California Properties | DRE #00949711
1400 Fuller Avenue N 7: Sold $1,430,100 · 3 bd · 4 ba · 2,195 sqft · Sep 2026 · 0.3 mi Berkshire Hathaway HomeServices California Properties | DRE #01491245 Buyer's agent: Michael Collins, Coldwell Banker Realty | DRE #00963037
7560 Hollywood Boulevard 110: Sold $675,000 · 3 bd · 2 ba · 1,821 sqft · Aug 2026 · 0.5 mi Coldwell Banker Realty | DRE #02055751 Buyer's agent: Kimberly Nieto, Coldwell Banker Hartwig Realty | DRE #02243360