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5667 Franklin Ave
Los Angeles, CA 90028 Hollywood Hills

$1,625,000 USD

Apartments For Sale  •  5,420 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,420 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1919
  • Cap Rate 6.02 %
  • Zoning LAR1
70 Transit Score
70 Walk Score

Highlights

Prime Franklin Park location
Many upgrades to systems
Six one-bedroom units and a separate three-bedroom casita, many updated with modern finishes.
Fully upgraded electrical system and other major system improvements over time.
Approximately 20% rental upside from current rent roll, providing a clear value-add opportunity.
Close to major attractions like Griffith Observatory and convenient access to the 101 Freeway.

Financial Summary (Actual)

Net Operating Income: $96,272 USD (2025)
Cap Rate: 6.02 %
Total Expenses: $50,759 USD

Amenities

  • Kitchen
  • Tub/Shower

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 4.3 mi
Downtown Burbank (Antelope Valley Line - Amtrak, Pacific Surfliner - Amtrak, Ventura County Line - Amtrak) 13 min - 7.9 mi
Transit/SubwayDriveWalkDistance
Hollywood/Western Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 9 min 0.5 mi
Hollywood/Vine Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 19 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 16 min - 9.1 mi
Los Angeles International 28 min - 14.7 mi
Long Beach (Daugherty Field) 39 min - 28.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Josh Tomaszewski 323-842-0445 JRM Properties
Josh Tomaszewski 323-842-0445 JRM Properties