4 months on rocket

4253 Franklin Ave, Los Angeles, CA, 90027

$2,995,000

0 Baths
Condo
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingDoor-Multi, Door-Single, Garage, Garage Faces Side
Garage6 spaces
Year Built1929
HeatingFloor Furnace
CoolingWall/Window Unit(s)
MLS #SR24004523
Lot Size0.14 Acres
StatusActive

About 4253 Franklin Ave

** PRICE REDUCTION! **SELLER IS CARRY FINANCING AVAILABLE AT 4% IO!! LOVELY VINTAGE CHARACTER 1929 SPANISH FOURPLEX!!! PRIME LOS FELIZ CORNER IS PERFECTLY SITUATED. THIS HAS TO BE THE OPPORTUNITY THAT YOUR CLIENTS HAVE BEEN WAITING FOR, WHETHER THEY ARE INVESTORS OR SOMEONE LOOKING TO BUY TO LIVE IN ONE AND RENT THE OTHERS, THIS PROPERTY SATISFY'S EVERY NEED! TWO SEPARATE BUILDINGS EACH ONE WITH TWO BIG AND SPACIOUS UNITS WITH 2 BEDROOMS AND 1 BATHROOM, HARDWOOD FLOORS, ALL UNITS HAVE INDIVIDUAL PRIVATE PATIO WITH TILE FLOORS, SOME UNITS HAVE A REMODELED KITCHEN AND EACH UNIT HAS ITS PRIVATE LAUNDRY AREA INSIDE THE UNIT. EACH UNIT HAS ONE ASSIGNED PRIVATE PARKING PLUS A PRIVATE PARKING FOR ANOTHER TWO CARS. UNITS ARE IN REASONABLE CONDITION ALL UNITS ARE FULLY OCCUPIED RENTS ARE PAID ON TIME WONDERFUL TENANTS. DRIVE BY ONLY. SUBJECT TO INSPECTION WITH ACCEPTED OFFER. RENT ROLL, INCOME, AND EXPENSE STATEMENT AVAILABLE.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1929
  • Stories: 1

Listing Office:

  • Office Name: Pinnacle Estate Properties, Inc.
  • Office Phone: (818) 621-7696
  • Listing Agent: Sonia Restrepo

Interior Features

Interior Information:

  • Flooring Type: Wood
  • Interior: Balcony, All Bedrooms Down

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 6 spaces
  • Parking: Door-Multi, Door-Single, Garage, Garage Faces Side

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • John Marshall Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Thomas Starr King Middle School Film and Media Mag, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Franklin Avenue Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: ON THE CORNER OF FRNAKLIN AND TALMADGE ST.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,995,000

Tax Information:

  • Annual Amount: $8,126
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

4253 Franklin Ave vs Los Angeles

125 DAYS ON ROCKET

+91 Days

$2,995,000

+$2.0M More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24004523

Listing Office:

  • Office Name: Pinnacle Estate Properties, Inc.
  • Office Phone: (818) 621-7696
  • Listing Agent: Sonia Restrepo

IDX 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: 5/15/2024, 2:20:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 13, 1995Home Sold
$365,000
Jan 11, 1989Home Sold
$478,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,126$566,382
2020$7,919$560,575
2019$7,799$549,585
2018$7,654$538,810
2017$7,654$528,246

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,046

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1462335
7
/10
  • Franklin Avenue Elementary School

  • 1910 N Commonwealth Ave

  • 0.12 miles

  • Public District Grades KG-6

school-card-donut-1462336
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.87 miles

  • Public Magnet Grades KG-6

school-card-donut-1462337
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 21.50 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-1462338
6
/10
  • Thomas Starr King Middle School Film and Media Mag

  • 4201 Fountain Ave

  • 0.60 miles

  • Public Magnet Grades 6-8

school-card-donut-1462339
4
/10
  • Studio

  • 2211 W Avenue 30

  • 2.65 miles

  • Public District Grades 6-8

High School

school-card-donut-1462340
8
/10
  • John Marshall Senior High School

  • 3939 Tracy St

  • 0.35 miles

  • Public Magnet Grades 9-12

school-card-donut-1462341
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.21 miles

  • Public Magnet Grades 9-12

school-card-donut-1462342
7
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.86 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,409. Most Los Angeles, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4253 Franklin Ave

What is the listing price of this property?

The listing price of 4253 Franklin Ave property is $2,995,000.

What type of property is this?

The property 4253 Franklin Ave is a condo located in Los Angeles, California, 90027.

Is this property for sale now?

Active Listing: 4253 Franklin Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4253 Franklin Ave are:
Franklin Avenue Elementary School: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Thomas Starr King Middle School Film and Media Mag: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
John Marshall Senior High School: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,126 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 13, 1995 for $365,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 4253 Franklin Ave is 1929.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900274253 Franklin Ave

This home is located at 4253 Franklin Ave in Los Angeles, CA and zip code 90027 in the Central LA neighborhood. This home, which was built in 1929, sits on a 0.14 acre lot. It has been listed on Rocket Homes since January 10, 2024 and is currently priced at $2,995,000.

In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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