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6857 Franklin Ave
Los Angeles, CA 90028 Hollywood Hills

$4,750,000 USD

Apartments For Sale  •  23,922 SF

Property Details

• Property Type Apartments
• Total Building Size 23,922 SF
• Lot Size 0.31 AC
• Building Class C
• Year Built 1920
• Cap Rate 8.23 %
• Zoning LAR4

65 Transit Score

99 Walk Score

Highlights

Potential to add 4-5 ADUS - Buyer to verify

Sold with vacant units

Property Flyers

Franklin_OM_Updated_RentRoll

Financial Summary (Proforma)

Net Operating Income: $383,972 USD (2025)

Cap Rate:	8.23 %
Total Expenses:	$175,000 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Hollywood United Methodist Church
Oaks School, The

Amenities

• 24 Hour Access
• Air Conditioning
• Controlled Access
• Microwave
• Property Manager on Site
• Recycling
• Kitchen
• Refrigerator
• Oven
• Family Room
• Freezer
• Walk-Up
• Smoke Detector

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))	13 min	-	5.8 mi
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	13 min	-	6.2 mi
Transit/Subway	Drive	Walk	Distance
Hollywood/Highland Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	5 min	0.2 mi
Hollywood/Vine Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Bob Hope	15 min	-	8.3 mi
Los Angeles International	28 min	-	13.6 mi
Long Beach (Daugherty Field)	41 min	-	30.4 mi

Parking Details

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