
5665 Franklin Ave Los Angeles, CA 90028
Hollywood Hills NeighborhoodEstimated payment $12,876/month
Highlights
- Dual Staircase
- Cooling System Mounted To A Wall/Window
- Laundry Room
- No HOA
About This Home
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.
Listing Agent
KRISTY LITTLE, BROKER Brokerage Phone: 626-644-6395 License #01117757 Listed on: 09/01/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 5,324 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 7 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Apartment
Interior Spaces
- 6 Bedrooms
- 5,286 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Laundry Room
Utilities
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 1111
- Assessor Parcel Number 5587019003
- $1,131 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- 5 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- Electric Expense $4,800
- Insurance Expense $6,000
- Trash Expense $4,800
- Water Sewer Expense $5,500
- Operating Expense $21,100
- Gross Income $72,258
- Net Operating Income $32,258
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/01/2025 09/01/25 | For Sale | $2,000,000 | -- | $378 / Sq Ft |
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Source: California Regional Multiple Listing Service (CRMLS)
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