6700 Franklin Pl | Los Angeles, CA 90028
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
6700 Franklin Pl
Los Angeles, CA 90028
Franklin Place · Multifamily Property For Sale
·
42 Units
Investment Highlights
- 42 Units in Prime Hollywood Built in 1988- (5% + CPI Allowable Increases)
- Excellent Unit Mix Consisting of Studios, 1 Bedrooms, and 2 Bedrooms
- Jacuzzi and Rec Room on Top Floor (Could Potentially be Converted to a Unit)
- First Time on Market in 20 Years
- Secured Entrance, Elevator, 2 Floors of Gated Parking (65 Spaces), Central A/C, and Balconies
- Significant Upside in Rents
Property Facts
| No. Units | 42 | Building Size | 40,876 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1988 |
| Building Class | C | Parking Ratio | 1.59/1,000 SF |
| Lot Size | 0.37 AC | ||
| Zoning | LAR4 | ||
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 40,876 SF |
| Average Occupancy | 98% |
| No. Stories | 5 |
| Year Built | 1988 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | LAR4 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Heating
- Kitchen
Site Amenities
- Clubhouse
- Fitness Center
- Laundry Facilities
- Spa
- Recycling
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 600 - 625 |
| 1+1 | 27 | - | 700 - 756 |
| 2+2 | 11 | - | 1,000 |
Property Taxes
| Parcel Number | 5547-002-033 | Improvements Assessment | $12,681,435 |
| Land Assessment | $5,435,506 | Total Assessment | $18,116,941 |
Property Taxes
Parcel Number
5547-002-033
Land Assessment
$5,435,506
Improvements Assessment
$12,681,435
Total Assessment
$18,116,941
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
