Franklin & Grace Apartments is a two parcel community (two separate APN’s) situated at the corner of Grace and Franklin in the Hollywood Hills neighborhood. 1833 Grace is a 1920’s bungalow style property and 6536 Franklin is a classic Hollywood courtyard apartment building. There are approximately 20 parking spaces in four different areas of the property. The owner has made massive upgrades and improvements to the property including substantial electrical upgrades. The unit mix consists of (4) Studio/One-Bath units, (18) One-Bedroom/One-Bathroom units, and (4) Two-Bedroom/Two-Bath units, averaging 762 square feet per unit. A new owner can later sell the properties in separate transactions as they are on separate parcel numbers, potentially eliminating the Measure ULA transfer tax. Buyer to independently verify. Hollywood is world-renowned as the entertainment capital of the globe, blending iconic history with modern luxury. From the Walk of Fame and historic theaters to vibrant nightlife, trendy restaurants, and upscale shopping, Hollywood offers an exciting urban lifestyle. Nestled beneath the famous Hollywood Sign and just minutes from scenic hiking trails and cultural landmarks, this dynamic neighborhood combines star-studded charm with everyday convenience—making it a premier destination for homeowners, investors, and dreamers alike.