Corner Apartment
For Sale
$5,350,000
7000 Franklin Avenue, Los Angeles, CA 90028
Built in 1950 on a 10,106-square-foot LAR4-zoned corner lot with separately metered gas and electric utilities.
Property Size8,276 SF
Lot Size0.23 Acres
Price / SF$646.45
Days on Market338
Property Features for 7000 Franklin Avenue
General Information
Standard status
Active
Size
8,276 SF
Lot size
0.23 Acres
Property subtype
Multi-family
Zoning
LAR4
Additional Details
Utilities to Site
Yes
Unit Mix
11 x 1BR/1BA, 5 x studio
Building Details
Year Built
1950
Listing Agency:
Lyon Stahl Investment Real Estate,Inc.
Listed By:
Taylor Avakian
(714) 497-3550
Source:
Sevengables
Added: Sep 28, 2025
Changed: Aug 29
Last Checked: Aug 30 at 6:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate,Inc.
Investment Insights
Based on property information with market context.
This multifamily property at 7000 Franklin Avenue was built in 1950 and occupies a 10,106-square-foot corner lot zoned LAR4. The building is subject to rent control, an important operating consideration for ownership and management. Gas and electric service are separately metered, providing distinct utility accounting for the property.
The asset is located in Los Angeles, California, within the Hollywood Foothills area identified in the property information. The property information also references two adjacent properties that may be acquired together, with a combined total of 91 units; transaction pricing is excluded from this description.
The asset is located in Los Angeles, California, within the Hollywood Foothills area identified in the property information. The property information also references two adjacent properties that may be acquired together, with a combined total of 91 units; transaction pricing is excluded from this description.
Key Highlights
- 10,106‑square‑foot corner lot
- LAR4 zoning
- Built in 1950
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
5,050
Businesses Nearby
Explore this area
Business Placement
Demographics for 90028, CA
32,330
Population
22,344
Households
1.4
Avg Household Size
36
Median Age
49%
College-Educated
90%
High-School Grad
1.5 sq mi
ZIP Area
21,553
Density / Sq Mi
$59,393
Median Household Income
$45,325
Median Earnings
$1,839
Median Rent
$970,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Built in 1950 on a 10,106-square-foot LAR4-zoned corner lot with separately metered gas and electric utilities.
Where is this apartment building located?
The property is located at 7000 Franklin Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,350,000.
What are key features of this property?
This property features: 10,106‑square‑foot corner lot; LAR4 zoning; Built in 1950
