2
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$2,000,000
Est. payment /mo
5,323 Sqft Lot
New
5665 Franklin AVE Los Angeles, CA 90028
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25173207
HOA Y/N No
Year Built 1961
Annual Tax Amount $13,582
Tax Year 2024
Lot Size 5,323 Sqft
Property Sub-Type Multi Family
Property Description
Hollywood Investment Opportunity:
This 5,286 sq. ft. 5- Unit multifamily property offers an unbeatable location in the heart of Los Angeles. Built in 1961 and zoned LAR1, the 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.
This 5,286 sq. ft. 5- Unit multifamily property offers an unbeatable location in the heart of Los Angeles. Built in 1961 and zoned LAR1, the 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.
Location
State CA
County Los Angeles
Area C03 - Sunset Strip - Hollywood Hills West
Zoning LAR1
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 6
Utilities Available None, Water Not Available
Total Parking Spaces 6
Building
Lot Description 0-1 Unit/Acre
Story 2
Water None
Others
Tax ID 5587019003
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Probate Listing
Listed by Kristy Little KRISTY LITTLE, BROKER 626-644-6395