Hot on the heels of its neighbor, the Sowden House, another one of Franklin Avenue's historic buildings has just hit the market. Casa Laguna, one of eight courtyard complexes designed by self-taught husband-and-wife team Arthur and Nina Zwebell was built in 1928 and declared a Los Angeles Historic-Cultural Monument in 2006. The Andalusian-style complex contains 18 units, most of which feature high beamed ceilings, wood-burning fireplaces, French windows and doors, original tile, light fixtures, and hardwood floors, with rents ranging from $950 to $2,500 per month. Asking price for the Mills Act-qualified property, which, per the listing, occupies a 24,393-square-foot lot with 22 parking spaces, is $5.975 million.
· 5200 Franklin Avenue, LA 90027 [Marcus & Millichap]
· Casa Laguna [Official Site]