$10,000 Closing Credit¹
#25477187, Sean Rosenzweig, Listing Office: Marcus & Millichap
#24466895·
Listing Office: Marcus & Millichap·
Listing Agent: Jason Tuvia·
Listing Office Phone: 818-212-2700
6061 Franklin Ave Los Angeles, CA 90028
$2,895,000 List price
12 beds
12 baths
6,132 sqft
0.1 acres
$472 / sqft
House
Property details
About 6061 Franklin Ave
We are pleased to present a twelve (12) unit apartment building located at 6061 Franklin Avenue in Los Angeles, California. The subject property is positioned in a prime Greater Hollywood Hills location, north of Franklin Avenue and west of North Beachwood Drive. Built in 1954, this property contains a streamlined unit mix of twelve (12) one bedroom / one bathroom units. The units vary in size with six (6) smaller, four (4) that are large, and two (2) large front units that boast a private patio in the front of the building. The whole building was fully renovated in 2015, now features a quality aesthetic with wood deco throughout, completed a soft-story retrofit in 2021, is gated & secure with a recently re-tarred driveway, CCTV throughout the building, and an on-site laundry room. There are six (6) uncovered parking spaces and two (2) tuck-under parking spaces available. There is two (2) additional large storage units with potential to convert into multiple ADUs. Tenants will enjoy being within short walking distance to some of the best entertainment, retail, and restaurant amenities in Los Angeles. Some of the nearby amenities include the Hollywood Walk of Fame, Avalon Hollywood & Bardot, Gower Plaza Shopping Mall, Gelson's Grocery, TAO, Katsuya Hollywood, Wood & Vine, Scum and Villainy Cantina, The Bourbon Room, and many more. A short drive up North Beachwood Drive and residents can experience outdoor recreation hiking the Hollywood sign and enjoying the quaint, laid back community at Beachwood Canyon. Situated in a prime greater Hollywood Hills location, this offering presents an excellent opportunity for any investor to purchase a turn-key, quality aesthetic asset with an excellent starting cap rate.
Highlights
Home typeOther
HeatingWall Furnace
StatusActive
Size6,132 sqft
Lot size0.1461 Acres
Year built1954
ParkingCovered, Garage, Garage Door Opener, Gated, Uncovered
MLS #24466895
ViewCity Lights
Summary
- MLS Number: 24466895
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Phone: (818) 212-2700
- Listing Agent: Jason Tuvia
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.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,895,000
6061 Franklin Ave
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Seller rebate
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 12, 2016 | Home Sold | $3,275,000 |
| Apr 16, 2014 | Home Sold | $1,660,000 |
| Nov 08, 1988 | Home Sold | $550,000 |
| Nov 08, 1988 | Home Sold | $550,000 |
| Nov 08, 1988 | Home Sold | $550,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $3,800,912 | $46,813 |
| 2023 | $3,726,386 | $45,908 |
| 2022 | $3,653,321 | $43,784 |
| 2021 | $3,581,688 | $43,256 |
| 2020 | $3,544,964 | $41,969 |
| 2019 | $3,475,456 | $41,815 |
| 2018 | $3,407,310 | $40,866 |
| 2017 | $3,340,500 | $40,866 |
History based on county public records data.
Nearby schools
5
Cheremoya Avenue School
Public District PK-6
0.1 mi
•6017 Franklin Ave
5
Grant Elementary School
Public District KG-6
0.6 mi
•1530 N Wilton Pl
6
Citizens of the World Charter School Hollywood
Public Charter KG-5
0.7 mi
•1316 N Bronson Ave
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 $55,396. Residents of Los Angeles, CA typically earn less than $<35k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
36%
<35k
36%
35k-100k
25%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
84%
Single, No Kids
2%
Single, with Kids
11%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
2%
12-17 yrs old
43%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Art Museums
Where do the neighbors shop?
H&M
Banana Republic
Bloomingdales
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 6061 Franklin Ave
This home is located at 6061 Franklin Ave in Los Angeles, CA and zip code 90068 in the Central LA neighborhood. This 6,132 square foot home, which was built in 1954, sits on a 0.15 acre lot. Features: 12 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since November 25, 2024 and is currently priced at $2,895,000.
In January 2025, from all listings sold in Los Angeles, CA there were more than 294 sold above asking price, over 545 sold below and more than 161 were sold right at the asked price. In January 2025 in Los Angeles, CA there were 20.1% more homes for sale than in December. While the average time on the market in January 2025 was 45 days, the median list price was $1,035,435.
From Rocket Homes Real Estate and based on county public records data.