5870 Franklin Ave | Los Angeles, CA 90028
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- LoopNet Team
5870 Franklin Ave
Los Angeles, CA 90028
Chateau Marcella · Multifamily Property For Sale
·
76 Units
INVESTMENT HIGHLIGHTS
- Excellent Hollywood Location- 38 Units (35 per Cert of Occupancy)
- Spacious Studio and 1 Bedroom Units
- Priced at under $300 per Square Foot
- First Time on Market in 45 Years!
- Secured Entrance, Elevator, and Views from Upper Floors
- Significant Upside in Rents
PROPERTY FACTS
| No. Units | 76 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 29,440 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1928 |
| Building Class | C | ||
| Zoning | LAR3 - Multiple Dwelling | ||
| No. Units | 76 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 29,440 SF |
| No. Stories | 4 |
| Year Built | 1928 |
| Zoning | LAR3 - Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Property Manager on Site
- Vintage Building
- Online Services
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 48 | - | - |
| 1+1 | 28 | - | - |
PROPERTY TAXES
| Parcel Number | 5586-028-010 | Improvements Assessment | $3,727,493 |
| Land Assessment | $5,306,040 | Total Assessment | $9,033,533 |
PROPERTY TAXES
Parcel Number
5586-028-010
Land Assessment
$5,306,040
Improvements Assessment
$3,727,493
Total Assessment
$9,033,533
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