$5,350,000

Estimated payment $30,617/month

Total Views 7,218
13 Beds
14 Baths
8,276 Sq Ft
$646 Price per Sq Ft

About This Home

7000 Franklin Ave | 14-Unit Corner Multifamily with Value-Add Upside in the Hollywood Foothills. Built in 1950 on a 10,106 SF LAR4-zoned corner lot with 8,088 SF of improvements, the property features a unit mix of (11) 1-bed/1-bath units and (5) studios, with additional upside through split co-living configurations. The asset is subject to rent control and benefits from separately metered gas and electric utilities. Can be purchased with the two Adjacent properties for $26.1M total. 1775 N Orange and 1769 N Orange. 91 units total

Listing Agent

Taylor Avakian

Lyon Stahl Investment Real Estate, Inc. License #02060040 Listed on: 01/26/2026

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 10,115 Sq Ft Lot

Home Design

  • Split Level Home

Interior Spaces

  • 8,276 Sq Ft Home
  • 2-Story Property
  • Microwave

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 14 Bathrooms

Parking

  • 8 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 14 Units

Listing and Financial Details

  • Assessor Parcel Number 5548-003-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

10,115 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 8276
  • Lot Acreage: 0.2322
  • Stories: 2
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Total Bathrooms: 14.00
  • Equipment: Microwave
  • Price Per S Q F T: 646.45

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 8

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 32.70
  • Assessed Improvement Value: 639679
  • Assessed Land Percent: 67.3
  • Assessed Land Value: 1316238
  • Total Assessed Value: 1955917
  • Assessor Parcel Number: 5548-003-013
  • Lot Size Area: 10115

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.50
  • Number Of Units: 14
  • Type Of Units: Mixed

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,669 $1,955,917 $1,316,238 $639,679
2024 $24,669 $1,917,567 $1,290,430 $627,137
2023 $24,216 $1,879,969 $1,265,128 $614,841
2022 $23,165 $1,843,108 $1,240,322 $602,786
2021 $22,854 $1,806,969 $1,216,002 $590,967
2019 $22,132 $1,753,376 $1,179,936 $573,440
2018 $21,936 $1,718,997 $1,156,800 $562,197
2016 $20,864 $1,652,248 $1,111,881 $540,367
2015 $20,571 $1,627,431 $1,095,180 $532,251
2014 $20,721 $1,595,552 $1,073,727 $521,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2026 01/26/26 For Sale $5,350,000 0.0% $646 / Sq Ft
08/08/2023 08/08/23 Price Changed $2,000 -2.4% $4 / Sq Ft
08/02/2023 08/02/23 Price Changed $2,050 -4.7% $4 / Sq Ft
07/21/2023 07/21/23 For Rent $2,150 -- --
Source: The MLS

Source: The MLS

MLS Number: 26644281

The MLS
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