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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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5969 Franklin Avenue, Los Angeles – $1,900,000

  • 2 Beds
  • 1 Bath
  • .17 Acres
  • 16 DOM
  • 2 Beds
  • 1 Bath
  • .17 Acres
  • 16 DOM

5969 Franklin Avenue

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.

Essential Information

  • MLS® #PW25196034
  • Price$1,900,000
  • Bedrooms2
  • Bathrooms1.00
  • Acres0.17
  • Year Built1916
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StyleVictorian
  • StatusActive

Community Information

  • Address5969 Franklin Avenue
  • AreaC20 - Hollywood
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90028

Amenities

  • Parking Spaces6
  • ParkingDoor-Single, Garage, One Space
  • # of Garages3
  • GaragesDoor-Single, Garage, One Space
  • ViewCity Lights
  • PoolNone

Utilities

Natural Gas Connected, Sewer Connected, Water Connected

Interior

  • InteriorVinyl, Wood
  • HeatingFloor Furnace
  • CoolingNone
  • FireplaceYes
  • FireplacesGas
  • # of Stories2
  • StoriesTwo

Interior Features

Built-in Features, Ceiling Fan(s), Crown Molding, Storage

Exterior

  • Lot DescriptionFront Yard
  • RoofFlat, Shingle

Additional Information

  • Date ListedAugust 15th, 2025
  • Days on Market16
  • ZoningLAR3

Listing Details

  • AgentTroy Reed
  • OfficeeXp Realty of California Inc
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Troy Reed, eXp Realty of California Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of September 25th, 2025 at 5:41pm PDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.