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6857 Franklin Ave
Los Angeles, CA 90028
Low Cost /Unit | Potential Seller Financing · Multifamily Property For Sale
·
27 Units
Investment Highlights
- Potential for Seller Financing
- 12,161 SF of improvements on a 13,470 SF corner parcel, zoned LAR4.
- Value Opportunity through unit attrition, operational efficiencies, building upgrades, RUBS and/or a short-term rental model.
- Currently operated as 25 units - Cert of Occupancy, LADBS, 9a Report and Zimas show 27 Units (buyer to verify)
- Unit composition of Singles, Bachelors and One Bed units
- Parking for 16 vehicles
Property Facts
| No. Units | 27 | Lot Size | 0.31 AC |
| Property Type | Multifamily | Building Size | 23,922 SF |
| Property Subtype | Apartment | Average Occupancy | 45% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1920 |
| Zoning | LAR4 - Residential | ||
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 23,922 SF |
| Average Occupancy | 45% |
| No. Stories | 2 |
| Year Built | 1920 |
| Zoning | LAR4 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Kitchen
- Refrigerator
- Oven
- Family Room
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Recycling
- Walk-Up
- Smoke Detector
Property Taxes
| Parcel Number | 5549-018-026 | Improvements Assessment | $419,938 |
| Land Assessment | $402,374 | Total Assessment | $822,312 |
Property Taxes
Parcel Number
5549-018-026
Land Assessment
$402,374
Improvements Assessment
$419,938
Total Assessment
$822,312
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