Presenting 5648 Franklin Ave and 1857, 1859, 1861 N Gramercy Pl, a remarkable multifamily opportunity. This property consists of four 1-bedroom/1-bathroom apartments. Each unit spans approximately 1,150 square feet and includes in-unit washer and dryer facilities along with one assigned outdoor parking space per unit. The property features separate gas and electricity meters, ensuring independent utility usage and billing. Additionally the property has had a new main sewer line replacement in 2023 and a recently upgraded roof. Please respect tenant privacy and refrain from visiting the property without prior approval. Tenants are unaware of the sale, so kindly avoid any disturbances.
For sale
Listing Provided by:
Steven Nalchyan DRE #02242316 818-370-1070,
Keller Williams Realty World Media Center
Price cut: $70K (2/24)
$1,670,000
5648 Franklin Ave, Los Angeles, CA 90028
4beds
4,624sqft
Est.:
Quadruplex
Built in 1922
-- sqft lot
$-- Zestimate®
$361/sqft
$-- HOA
What's special
Assigned outdoor parking space
- 190 days
- on Zillow |
- 137 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: May 05, 2025 at 05:32am
Listing Provided by:
Steven Nalchyan DRE #02242316 818-370-1070,
Keller Williams Realty World Media Center
Source: CRMLS,MLS#: BB24232554
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 4
- Main level bedrooms: 4
Rooms
- Room types: Family Room, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Laundry Room
Features
- Walk-In Closet(s)
- Has basement: No
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 4,624 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: 4
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 5,382 Square Feet
- Features: Corner Lot, Landscaped, Lawn, Lot 6500-9999
Details
- Parcel number: 5544002049
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks
HOA
- Has HOA: No
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $361/sqft
- Tax assessed value: $1,547,595
- Annual tax amount: $19,259
- Date on market: 11/13/2024
- Listing terms: Down Payment Resource
- Inclusions: The property also provides an additional $200 per month in rental income from a detached storage unit located on the side of the building.
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