#DW25025883, Rickird Rey Ramirez, Listing Office: Ally Commercial Real Estate
![Ally Commercial Real Estate MLS Logo](https://rocket.com/homes/mls-logos/IDX_580.png)
4253 Franklin Ave Los Angeles, CA 90027
Property details
About 4253 Franklin Ave
4 townhome style units in Los Feliz. 4254 Franklin Ave was constructed in 1929 and consists of 2 vintage Spanish style duplexes. The unit mix consists of four very spacious 2 bed + 1 bath units units. All units have hardwood floors and individual private patio spaces with tile floors. Each unit has one assigned private parking space plus private parking for two additional vehicles. Franklin is located on a corner lot with great exposure in the one of the most desirable pockets of Los Feliz and walkable to many local amenities on Hillhurst Ave which is named one of the hottest spots in LA for local eateries, trendy cafes and boutique shops. Very close proximity to Griffith Park and within boundaries of Franklin Elementary School. The subject property has significant upside left in the rents and the property could make for a potential Tenants in Common (TIC), Condo Conversion and/or ADU implementation, buyer to verify. Ideal for owner-occupiers, value-add investors or builders alike! It’s rare to find such an opportunity with several exit strategies.
Highlights
Summary
- MLS Number: DW25025911
- MLS Name: CRMLS
- Office Name: Ally Commercial Real Estate
- Office Phone: (424) 317-0308
- Office Email: eric@allycommercialre.com
- Listing Agent: Rickird Rey Ramirez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 2/8/2025, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![exterior space](/homes/listing-images/50428124_S0405/S0405/S0405-R0100/1104281147/2003773955248.jpg?version=1738716296&width=640)
$2,995,000
4253 Franklin Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 13, 1995 | Home Sold | $365,000 |
Jan 11, 1989 | Home Sold | $478,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $601,046 | $8,727 |
2023 | $589,262 | $8,583 |
2022 | $577,708 | $8,240 |
2021 | $566,382 | $8,125 |
2020 | $560,575 | $7,919 |
2019 | $549,585 | $7,799 |
2018 | $538,810 | $7,653 |
2017 | $528,246 | $7,653 |
History based on county public records data.
Nearby schools
7
Franklin Avenue Elementary
Public District KG-5
0.1 mi
•1910 N Commonwealth Ave
7
Los Feliz STEMM Magnet School
Public Magnet KG-6
0.6 mi
•1740 N New Hampshire Ave
8
Ivanhoe Elementary
Public District KG-5
0.9 mi
•2828 Herkimer St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $103,409. Residents of Los Angeles, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 4253 Franklin Ave
This home is located at 4253 Franklin Ave in Los Angeles, CA and zip code 90027 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $2,995,000.
While more than 294 listings in Los Angeles, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. Between December and January 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 20.1%. While the average time on the market in January 2025 was 45 days, the median list price was $1,035,435.