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7261 Franklin Ave
Los Angeles, CA 90046
Hollywood Portfolio · Multifamily Property For Sale
Investment Highlights
- Prime Hollywood Locations!
- Going-In Cap Over 6%
- First Time On Market in 20+ Years
- Well-Maintained! | Major Systems Updated
- Sold Individually or As a Portfolio
Executive Summary
The Mogharebi Group is proud to present for sale, a premier three-property portfolio located in some of Hollywood’s most desirable neighborhoods. The properties are available as either a portfolio or individually.
The Alamar is a 13-unit apartment building located at 7261 Franklin Avenue, just west of La Brea Avenue and less than a half-block from the entrance to Runyon Canyon.
The Wilton is a 10-unit apartment building situated just south of Franklin Avenue, bordering the highly sought-after Los Feliz neighborhood.
The DeLongpre consists of two side-by-side eight-unit buildings (16 units total) located at 6858–6860 DeLongpre Avenue, just south of Sunset Boulevard and west of Highland Avenue.
All three properties have been exceptionally well maintained and have benefited from significant capital improvements. The Alamar and The DeLongpre feature upgraded major building systems, including plumbing, electrical, and roofs. The Wilton has also undergone substantial improvements, including a newer roof and upgraded plumbing. These recent capital improvements allow a new owner to focus on maximizing the income potential of the properties rather than addressing deferred maintenance.
The Alamar is a 13-unit apartment building located at 7261 Franklin Avenue, just west of La Brea Avenue and less than a half-block from the entrance to Runyon Canyon.
The Wilton is a 10-unit apartment building situated just south of Franklin Avenue, bordering the highly sought-after Los Feliz neighborhood.
The DeLongpre consists of two side-by-side eight-unit buildings (16 units total) located at 6858–6860 DeLongpre Avenue, just south of Sunset Boulevard and west of Highland Avenue.
All three properties have been exceptionally well maintained and have benefited from significant capital improvements. The Alamar and The DeLongpre feature upgraded major building systems, including plumbing, electrical, and roofs. The Wilton has also undergone substantial improvements, including a newer roof and upgraded plumbing. These recent capital improvements allow a new owner to focus on maximizing the income potential of the properties rather than addressing deferred maintenance.
Property Facts
| Price / SF | $296.57 / SF | Number of Properties | 3 |
| Cap Rate | 6.15% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 31,780 SF |
| Status | Active | Total Land Area | 0.70 AC |
| Price / SF | $296.57 / SF |
| Cap Rate | 6.15% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 31,780 SF |
| Total Land Area | 0.70 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 6858-6860 DeLongpre Ave, Los Angeles, CA 90028 | Multifamily | 12,600 SF | 1956 | - |
| 7261 Franklin Ave, Los Angeles, CA 90046 | Multifamily | 10,588 SF | 1956 | - |
| 1852 N Wilton Pl, Los Angeles, CA 90028 | Multifamily | 8,592 SF | 1957 | - |
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