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Sold for $1,700,000 · Oct 2025

SOLD

Listed at $1,900,000

Sold

5969 Franklin Avenue, Los Angeles, CA 90028

Los Angeles, CA

MLS# PW25196034

4,392 Sq Ft • Quadruplex
21 days on market

Listing Agent

Troy Reed

Listing Agent

eXp Realty of California Inc

DRE #: 01492776

Brokerage: eXp Realty of California Inc

Property Details

N/A

Bedrooms

N/A

Bathrooms

4,392 sqft

Square Feet

1916

Year Built

7,503 sqft

Lot Size

$387

Price/Sq Ft

3

Garage Spaces

N/A

HOA

Quadruplex

Property Type

Description

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.

Facts & Features

Details

Stories
2
Cooling
None
Heating
FloorFurnace
View
CityLights

Sale history for 5969 Franklin Avenue

1 recorded sale

$1,700,000
Sold October 2025 · listed $1,900,000, on market August 2025, 21 days on market · 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

How this sale compares

5969 Franklin Avenue sold for $1,700,000 in October 2025, 11% under its $1,900,000 list price, after 21 days on the market. Across 25 closed sales in 90028 over the last 12 months, the median sold price is $1,000,000 and the median is $654 per square foot.

$654
90028 median per sq ft (12 mo)
$1,000,000
90028 median sold price (12 mo)
25
Closed sales in 90028 (12 mo)
21
Days on market
−11%
Sold vs. list price
QuarterClosed sales in 90028Median sold price
Q1 20264$1,107,500
Q2 202611$1,050,000
Q3 20268$944,000
Q4 20262$1,274,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90028

Recent sales near 5969 Franklin Avenue

Closed sales reported in 90028, nearest first, last 12 months. All recent sales in Los Angeles →

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