5969 Franklin Avenue, Los Angeles, CA 90028

About this fourplex

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.

Listing description from the October 2025 sale, as reported to CRMLS.

Sale history

$1,700,000

Sold October 2025 · listed $1,900,000, on market August 2025 · MLS #PW25196034 · Source: CRMLS

Listing Agent: Troy Reed · Listing Office: eXp Realty of California Inc · Contact: 714 476-0639 · Bought with: William Lenocker · eXp Realty of California Inc

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