5520 & 5528
Hollywood, CA 90028
Multifamily Property For Sale
·
10 Units
Property Facts
Amenities
Unit Amenities
- Disposal
- Washer/Dryer Hookup
- Heating
- Hardwood Floors
- Refrigerator
- Wi-Fi
- Breakfast Nook
- Dining Room
Site Amenities
- Laundry Facilities
- Gated
- Wi-Fi
- Public Transportation
About 5520 & 5528 , HOLLYWOOD, CA 90028
Great property located in Hollywood on the border of Los Feliz and Franklin Village, Consists of two side by side buildings 5520 & 5528 Franklin sold together at $ 3,199,000. GOI $ 233,904, Best actual GRM 13.6 & Cap rate of 5.4, Shared drive way, total 10 Units, recently Remodeled, 6 X two bedroom units which have front and rear access, private laundry room in unit and individual water meters, Separately metered for gas and electric. 4 X bachelor units, 18 Parking space, No overhang apartments, No Earthquake retrofit needed, Gated building, Multiple brand new developments in the immediate area, total building size 6912 an lot 9,535 SQFT. 5520 & 5528 Franklin Ave APN 5544-004-021 & 5544-004-022 both included in the sale. Close to Metro station, shops, restaurants, entertainments and every thing HOLLYWOOD offers.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | $2,650 | 900 |
| 2+1 | 2 | $1,801 | 900 |
| Studios | 4 | $1,447 | 300 - 600 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $997,534 | |
| Land Assessment | $2,319,800 | Total Assessment | $3,317,334 |
Property Taxes
