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6615 Franklin Ave
Los Angeles, CA 90028 Hollywood Hills

$18,195,000 USD

Apartments For Sale • 65,746 SF

Property Details

Property Type Apartments
Total Building Size 65,746 SF
Lot Size 0.87 AC
Building Class C
Year Built 1962
Zoning LAR4

60 Transit Score

80 Walk Score

                
                    Highlights
                
                                Extensively Upgraded Asset — Over $4 Million in Improvements in Past Five Years
                            
                                Attractively Priced at a 6.88% CAP Rate and 9.25 GRM on Current Income
                            
                                Prime Hollywood Corner Location at Base of Hollywood Hills, North of Hollywood Boulevard Near Borders of Both Whitley Heights and Hollywood Heights
                            
                                Effective Renovation Blueprint — 62% of Units Remodeled Since 2021
                            
                                Newly Designed Courtyard Featuring Bocce Ball Court, Outdoor Lounge, Sparkling Swimming Pool, BBQ Area
                            
                                Nestled Among Multi-Million Dollar Homes — Higher Barrier to Homeownership Benefits Local Rental Market

Property Flyers

6615 Franklin Ave - Los Angeles, CA - OM

Amenities

Balcony
Cable Ready
Courtyard
Laundry Facilities
Pool
Heating
Trash Pickup - Curbside
Kitchen
Walk-In Closets
Smoke Free

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	12 min	-	5.4 mi
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	13 min	-	6.3 mi
Transit/Subway	Drive	Walk	Distance
Hollywood/Highland Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	10 min	0.5 mi
Hollywood/Vine Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	13 min	0.7 mi
Airport	Drive	Walk	Distance
Bob Hope	15 min	-	8.3 mi
Los Angeles International	28 min	-	13.9 mi
Long Beach (Daugherty Field)	40 min	-	29.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Covered
Included in Rent:	Yes

Rick Raymundo 818-219-6146 Marcus and Millichap

6615 Franklin Ave Los Angeles, CA 90028 Hollywood Hills