6061 Franklin Ave | Los Angeles, CA 90028
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- LoopNet Team
6061 Franklin Ave
Los Angeles, CA 90028
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Prime Greater Hollywood Hills Location
- Fully Renovated in 2015 - Recently Repainted with a Quality Aesthetic & Wood Deco Throughout
- Potential to Convert the Two (2) Storage Rooms into Multiple ADUs
- Rare Turn-Key Asset
- Excellent Initial Cap Rate - 6.21%
- Property is Gated & Secure with Recently Re-Tarred Driveway
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 6,132 SF |
| Property Subtype | Apartment | Average Occupancy | 83% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1954/2015 |
| Zoning | LAR3 - high density residential | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,132 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built/Renovated | 1954/2015 |
| Zoning | LAR3 - high density residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Microwave
- Heating
- Kitchen
- Oven
- Tub/Shower
- Wi-Fi
- Intercom
SITE AMENITIES
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | $2,014 | 478 - 820 |
PROPERTY TAXES
| Parcel Number | 5586-008-002 | Improvements Assessment | $1,775,693 |
| Land Assessment | $2,101,236 | Total Assessment | $3,876,929 |
PROPERTY TAXES
Parcel Number
5586-008-002
Land Assessment
$2,101,236
Improvements Assessment
$1,775,693
Total Assessment
$3,876,929
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