N/A
Bedrooms
Sold for $1,700,000 · Oct 2025
SOLDListed at $1,900,000
Los Angeles, CA
MLS# PW25196034
Troy Reed
Listing Agent
eXp Realty of California Inc
DRE #: 01492776
Brokerage: eXp Realty of California Inc
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
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.
Earthquake data is shown from a real public source (USGS)
Loading hazard data...
1 recorded sale
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.
| Quarter | Closed sales in 90028 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $1,107,500 |
| Q2 2026 | 11 | $1,050,000 |
| Q3 2026 | 8 | $944,000 |
| Q4 2026 | 2 | $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
Closed sales reported in 90028, nearest first, last 12 months. All recent sales in Los Angeles →
5969 Franklin Avenue
Contact Troy Reed
Contact via Nalren messaging
Contact Listing Agent
eXp Realty of California Inc
DRE #01492776
Contact information is not available for this listing.