KW Commercial as exclusive listing agent is pleased to present 4517 Franklin Avenue, a charming 1920’s 10-unit investment opportunity located in Los Feliz (90027), on a large R3 zoned, 10,868 SF parcel which is in a Tier 3 TOC zone.
4517 Franklin Avenue’s common areas feature a time-less courtyard setting which is prime for updating and enhancements which will help facilitate long term value appreciation. All 10-units consist of One Bedroom | One Bathroom apartments with most units featuring wood flooring and character fitting of the era.
Centrally located in the most prime Los Feliz neighborhood, 4517 Franklin Avenue’s transit oriented and very walkable location offers residents immediate access to many nearby entertainment venues including The Alcove, Lassen’s Natural Foods and Home along with numerous other dining/entertainment lo-cations nearby. Traveling south 1.5 miles puts you in Silver Lake’s Sunset Junction which is considered the trendiest community in Southern California, go east 4.5 miles and you are in DTLA and locations west put you in Hollywood proper – all providing a myriad of cultural destinations and dining options.
Given the property’s location and strong income metrics, 4517 Franklin Avenue is an ideal investment for apartment operators seeking meaningful returns along with long term wealth preservation.
