5665 Franklin Avenue

Los Angeles , CA 90028

MLS#: CV25196488

$2,000,000

Status: Active
Listing number: CV25196488
Listing provided by: KRISTY LITTLE, BROKER
Listing agent phone: None
Last update: 10 hours ago
New on site 1 day ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1961

Sq.Footage

N/A

Hollywood Investment Opportunity: This 5,286 sq. ft. 5 Unit multifamily property offers a desirable location in the heart of Los Angeles. Built in 1961. . 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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

Exterior

  • Garage

    Yes

  • Garage spaces

    7

  • Parking

    Assigned

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.1222

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $2,000,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    4

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Kristy Little , KRISTY LITTLE, BROKER

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Hollywood Investment Opportunity: This 5,286 sq. ft. 5 Unit multifamily property offers a desirable location in the heart of Los Angeles. Built in 1961. . 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.

5665 Franklin Avenue

Message successfully sent.

What would you like to know?

Related Properties

New on site 3 days ago
For the first time in decades, this multifamily property is on the market. This property offers 6 units across two buildings in one of Los Angeles' most desirable neighborhoods. The units include: 2 studios, 2 lofts, 1 one-bedroom, and 1 two-bedroom, all surrounded by mature landscaping that creates a private and inviting setting. The property also provides 4 parking spaces and on-site shared coin-operated laundry for added tenant convenience and additional income. Just moments from the Silver Lake Reservoir, dog park, and Sunset Blvd., the property places residents at the center of a walkable, creative community known for its boutiques, dining, vintage shops, and cultural landmarks. Strong demand and minimal vacancy rates highlight the ongoing appeal of the location. For investors, 1846 Silver Lake Blvd. represents a strong buy-and-hold opportunity, with both stability and long-term growth potential. Current rental income is supported by a solid tenant base, with the chance to upgrade units over time and capture increased ROI in one of LA's most resilient rental markets. Units are to be delivered occupied. DO NOT DISTURB TENANTS.
#25580101

Los Angeles

1846 Silver Lake Boulevard

7 Beds

None Baths

3,745 Sq.Ft.

$1,995,000

MLS#: 25580101

New on site 4 days ago
SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. ** PERFECT FOR 1031 EXCHANGE!!** TURN-KEY PROPERTY. LOW MAINTENANCE - REMODELED/RENOVATED WITH UPGRADED COOL LIGHTING FIXTURES. REAL ESTATE BUYING AND SELLING BUSY SEASON IS HERE!! MORE BUYERS ARE IN THE MARKET TO BUY. DON'T MISS OUT!! NOW 100% LEASED. STABLE INCOME COMING IN. GREAT QUIET LOCATION. FEW BLOCKS FROM LACC, NEW HIGHER RENT FOR THE 3 BEDROOM UNIT. TURN KEY PROPERTY, FULLY REMODELED, & TOP MARKET RENTS. WHAT ELSE DO YOU WANT? BEST LOCATION!! ALL UNITS ARE RENTED AT MARKET RENTAL RATE!! Beautifully Remodeled 2 Story Spanish Four-Plex located in the highly sought-after Hollywood Submarket of LA! Walking distance to LACC! Fully Renovated with New Quarts Countertops/New Backsplash/New Soft close white high-end glossy, easy-to-clean cabinet/New Hansgrohe Kit Faucet/New Dishwasher/New Gas Range, Oven, Hood/New Ductless AC & HEAT in living & bedroom/New bathroom with Kohler Faucet & Toilet/New Recessed light throughout with Dimmer switch/New fresh interior Painted/New Laminate floors/Washer&Dryer in unit. ALL UNITS offers: Living & beautifully Updated kitchen & bathroom, hardwood Floors & high ceilings, washer/dryer in each unit. Other Upgrade features: All New windows/New Iron security bar/New Exterior paint. Water-saving stylish landscaping. PRICE TO SELL!! buyer to verify all facts.
#25584955

Los Angeles

801 N Alexandria Avenue

9 Beds

None Baths

3,896 Sq.Ft.

$1,899,000

MLS#: 25584955

This offering presents a rare opportunity to acquire a stabilized multifamily asset with a 5.80% in-place cap rate in one of Los Angeles' most competitive rental markets. Located in Beverly Grove, just steps from Beverly Hills, the property delivers immediate income security alongside enduring tenant demand driven by its prime location. Residents benefit from proximity to major job centers, world-class dining, shopping, and cultural institutions, while the affordability gap in homeownership continues to fuel long-term rental stability. The existing vacancy also creates a unique owner-user opportunity, allowing a buyer to occupy a unit in this highly desirable submarket while collecting rental income from the remaining apartments.Blending vintage architectural charm with modern improvements, the property offers both character and practicality. A completed seismic retrofit ensures safety and compliance while removing a significant capital expense for new ownership. Tenants are further attracted by desirable amenities including gated entry, covered parking, balconies or patios in select units, and on-site laundry facilities. The owner's unit features central air and a private rear yard, providing rare features in this neighborhood that enhance livability and value.
#25584413

Los Angeles

432 S Sherbourne Drive

10 Beds

None Baths

6,190 Sq.Ft.

$2,050,000

MLS#: 25584413

Incredible Multifamily opportunity in a High Demand Mid Los Angeles neighborhood featuring 9 very well-maintained units. Owner's unit consist of 3 bedrooms and 2 full baths with a Master walk-in closet and inside laundry area. This property sits on a large almost double lot with 13,358 square feet that will be strong for any future development or large apartment complex build out. The property consists of 5 separate buildings with 1)3 bedroom and 2 bath owners' unit, 6)2 bedroom and 1 bath, and 2)1 bedroom and 1 bath units. Located just minutes from downtown Los Angeles, USC, and all major transit corridors including the 10,110,5 Freeways. Don't miss this incredible opportunity to acquire a Multifamily property offering immediate cash flow and long-term upside in a well-established market.
#PW25194790

Los Angeles

1517 S Westmoreland Avenue

None Beds

None Baths

6,199 Sq.Ft.

$2,200,000

MLS#: PW25194790

Tenant in place until 2/28/27. Perched atop the hills of the Hollywood Dell, stands this custom-built Mediterranean home. Enjoy expansive city and ocean views from the open concept living room with 20-foot ceilings characterized by wrought iron chandeliers and a built-in wet bar. A formal dining area connects the great room to a gourmet kitchen complete with Thermador range, Subzero refrigerator, Bosch dishwasher, a copper sink and ample built-in storage. Upstairs, find a flexible mezzanine level with 3/4 bath, which serves as the perfect setting for a den, office or library. On the top level are two guest bedrooms with full bathrooms, and a hotel-like primary suite with fireplace and private balcony with breathtaking views. Host dinner parties on the rooftop garden, adorned with fragrant roses and citrus vines. Other features include:French oak hardwood floors, elevator, 3-car garage and Pella doors and windows.
#25584015

Los Angeles

6383 Quebec Drive

4 Beds

None Baths

3,180 Sq.Ft.

$2,395,000

MLS#: 25584015

Amazing potential in prime Beverly Grove neighborhood. First time ever sale of 113-115 North Croft Avenue. This 1930's duplex has lots of character and charm, with coved ceilings, original hardwood floors, arched doorways, large rooms, and lovely built-ins. Beyond the interiors, the backyard unfolds into a private oasis with lush greenery that offers a peaceful retreat from the surrounding urban energy. Set on a 7,814 sq.ft. lot and zoned LAR3, the property invites exploration of a plethora of development opportunities. Whether used as owner-occupied income property, redevelopment opportunity, or expanded to accommodate additional ADUs, this property delivers. Close proximity to Cedars Sinai Medical Center, high-end boutiques and cafes of Beverly Boulevard, The Grove, Beverly Center, and a variety of acclaimed restaurants, the property is ideally positioned for both convenience and allure. Trust sale, no court confirmation required.
#25582963

Los Angeles

113 N Croft Avenue

4 Beds

None Baths

3,238 Sq.Ft.

$1,995,000

MLS#: 25582963

1273 S Sycamore Ave is a brand new remodeled 4plex located in the Mid-Wilshire pocket of Los Angeles. All units feature new hardwood floors, central air & heat, stainless steel kitchen appliances, modern windows, modern bathroom fixtures, and washer/dryer in units. Beneficial to the new owner, the roof and plumbing is also new, offering extremely low maintenance. One of the 3Bed/2Bath units will be DELIVERED VACANT, ideal for owner/user! The unit mix is comprised of (2) 3Bed/2Bath and (2) 2Bed/1Bath units with an opportunity to add an ADU for additional income. Two 3Bed/2Bath units are located in the front, and (2) 2Bed/2Bath units are located in the rear. There are 4 private garages with storage space and room for guests to park their vehicles in front of the garages. The subject property is conveniently located in between Mid-Wilshire, Culver City and Downtown LA. This is the ideal situation for an owner/user or tenant looking to benefit from all the beautiful amenities Los Angeles has to offer. OM in supplements.
#SB25193365

Los Angeles

1273 S Sycamore Avenue

None Beds

None Baths

4,033 Sq.Ft.

$2,195,000

MLS#: SB25193365

Fantastic Opportunity! Nicely Remodeled Turn-Key Duplex with a 4 Bed 2 Bath upstairs unit leased for $3,952/M, and downstairs is a 3 Bed 2 Bath unit with a market rent rate of $3,700/M. Nicely remodeled kitchens and Bathrooms and newer flooring through out. Mini-Splits AC Units are efficient and home features dual pane windows, and each unit has its own balcony. Gated with motorized gate. Includes plenty of off-street parking, 6 spaces plus a detached 3 car garage. Cash flowing property with R3 Zoning and in LA's TOC, and with the right strategy, investors can achieve a CAP Rate of 6.12%+ as soon as this December, ask the Listing Broker for details. This property is located just south of Trendy SilverLake, without the SilverLake prices with Gentrification well under way with many similar properties on the same block being redeveloped into multi story apartments. This R3 property is withing LAs TOC which has relaxed parking requirements due to close transit availability and building 50+ units could be a possibility. (Confirm with LA Building & Safety). Would also make for a great property live in one unit and cash flow the other. Downstairs is leased below market, but lease expires this December. Act now, properties in this condition do not last long and units rent very quickly in this area, close to everything! Oh, and don't forget the Olympics are coming!
#225004370

Los Angeles

120 Berendo Street

7 Beds

4 Baths

2,964 Sq.Ft.

$1,650,000

MLS#: 225004370

Come check out this beautiful, four-unit income property within blocks of the very popular Sycamore Avenue and all of its boutiques and restaurants! Rent potential is high for this one-of-a-kind, Art Deco gem. Highly sought after by tenants or owner-users, this charming fourplex is tucked away on a residential street but is just a few minutes' walk to Tartine, Heimat, Sightglass Coffee, and Sprouts.
#25583281

Los Angeles

853 N Mansfield Avenue

4 Beds

None Baths

2,403 Sq.Ft.

$1,699,999

MLS#: 25583281

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here