5665 Franklin Ave - Apartments FOR SALE


Los Angeles, CA 90028- Hollywood Hills
$2,000,000 USD
626-644-6395
5665 Franklin Ave, Los Angeles, CA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/25
null | 2.25% Cap Rate

5665 Franklin Ave
Los Angeles, CA 90028
Hollywood Hills


HIGHLIGHTS

  • Excellent Location

OVERVIEW

Probate sale, no court confirmation required. Los Felix/Hollywood Area, Investment Opportunity: This 5,286 sq. ft. 5- Unit multifamily property offers an unbeatable location. Very nice synergy. Built in 1961.This building features four spacious 2-bedroom units and one 1-bedroom unit—ideal for long-term tenants or value-add investors. Residents enjoy walkable access to trendy coffee shops, restaurants, nightlife, and retail shops. The property is close to major attractions including the Hollywood Walk of Fame, Griffith Observatory, Sunset Strip, Melrose, and the LA Film School. Convenient access to the 101 Freeway and Metro Rail makes commuting a breeze, while the surrounding neighborhood offers a vibrant mix of local culture and charm. Whether you're looking to grow your portfolio or secure a solid income-producing asset, this rare Hollywood gem delivers on location and lifestyle.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$249 USD /SF

# OF UNITS

5

PRICE/UNIT

$400,000

CAP RATE

2.25%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

-

APN/PARCEL ID

5587-019-003

ASK ABOUT THIS PROPERTY

Kristy PiazzaKRISTY LITTLE, BROKERMore Info
626-644-6395

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Kristy PiazzaKRISTY LITTLE, BROKERMore Info
626-644-6395

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.