North Hollywood Area
$2,000,000
5665 Franklin Avenue, Los Angeles, CA 90028
50,400
NOI
2.52
Pro Forma Cap Rate
Details:
Highlights:
- 4 - 2 Bedroom
- 1- 1 Bedroom
Description:
Probate : 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.
Location

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