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  September 23rd, 2008
$950000 Great Buy Two Fourplexes in good rental area Los Feliz

5520-26 & 5528-34 Franklin Avenue, Los Feliz, CA 90028

fourplex front
fourplex side

Two existing fourplexes located on two legal lots. The buildings are over 3,650 sq ft each. Eight large 1BR/1BA units / used as nine. Both lots total approx 9,500 SF and are zoned LAR3-1. Development potential. Build 11-16 new condo or apartment units. All offers subject to inspection. Each property is listed at $950,000. Both properties have to close concurrently!

5520-26 Franklin Ave:
5520 : $785/mo
5520 ½ : $650/mo
5522: $1,300/mo
5524: $650/mo
5526: $878/mo
TOTAL: $4,263/mo

5528-34 Franklin Ave:
5528: $1,190/mo
5530: $758/mo
5532: $1,300/mo
5534: $1,300/mo
TOTAL: $4,548/mo

Call Edward 310-291-2681
Edward Jesman Realty
www.jesman.com


This entry was posted on Tuesday, September 23rd, 2008 at 12:12 am and is filed under Los Feliz, Fourplex. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
  By Matt G

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