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$1,095,000
Est. payment /mo
5,286 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 5,286 sqft
Price per Sqft $207
MLS Listing ID CL26665685
HOA Y/N No
Year Built 1961
Lot Size 5,324 Sqft
Acres 0.12
Property Sub-Type Other
Property Description
We are pleased to present 5665 Franklin Avenue, a 5-unit apartment community located in the vibrant and highly sought-after Hollywood submarket ofLos Angeles. Built in 1961, the property offers approximately 5,286 square feet of rentable living area on a 5,324-square-foot lot, delivering investors an exceptionally located asset in one of the city's most enduring and high-demand rental pockets. This boutique building features a practical and desirable unit mix supported by spacious layouts, abundant natural light, and the lasting structural quality characteristic of midcentury construction. These attributes contribute to strong tenant appeal, consistent occupancy, and operational stability, while still presenting clear avenues for modernization and value-add improvements to further enhance long-term returns.5665 Franklin Avenue enjoys a premier Hollywood location, nestled between Beachwood Canyon, LosFeliz, and the Hollywood Entertainment District. Residents benefit from immediate proximity to major employment centers, including Netflix, Paramount Studios, Sunset Gower Studios, and the broader Hollywood media and creative office hub. The property is surrounded by a diverse and expanding collection of restaurants, cafes, retail amenities, and neighborhood conveniences along Frankli
Location
State CA
County Los Angeles
Zoning LAR1
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5587019003
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Listed by Michael Sterman • Marcus & Millichap
NEARBY SCHOOL & BUSINESS
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