5418 Franklin Ave

The Tuvia Group successfully closed 5418 Franklin Ave, a six-unit multifamily property in Los Feliz, for $1,850,000, achieving 99% of the list price and more than $300,000 per unit. The buyer demonstrated strong conviction by removing all contingencies before opening escrow despite not viewing half of the units. The local private investor plans to further enhance the property through the addition of ADUs, providing future value-add potential. The transaction also marked The Tuvia Group’s 30th closing of the year.