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$ 1,025,000
$ 1,095,000 6.4%
Est. payment | /mo
5,286 SqFt
$ 1,025,000
$ 1,095,000 6.4%
Est. payment | /mo
5,286 SqFt
Key Details
Sold Price $1,025,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,286 sqft
Price per Sqft $193
MLS Listing ID CL26665685
Sold Date 07/10/26
HOA Y/N No
Year Built 1961
Lot Size 5,324 Sqft
Acres 0.1222
Property Sub-Type Other
Property Description
We are pleased to present 5665 Franklin Avenue, a 5-unit apartment community located in the vibrant and highly sought-after Hollywood submarket ofLos Angeles. Built in 1961, the property offers approximately 5,286 square feet of rentable living area on a 5,324-square-foot lot, delivering investors an exceptionally located asset in one of the city's most enduring and high-demand rental pockets. This boutique building features a practical and desirable unit mix supported by spacious layouts, abundant natural light, and the lasting structural quality characteristic of midcentury construction. These attributes contribute to strong tenant appeal, consistent occupancy, and operational stability, while still presenting clear avenues for modernization and value-add improvements to further enhance long-term returns.5665 Franklin Avenue enjoys a premier Hollywood location, nestled between Beachwood Canyon, LosFeliz, and the Hollywood Entertainment District. Residents benefit from immediate proximity to major employment centers, including Netflix, Paramount Studios, Sunset Gower Studios, and the broader Hollywood media and creative office hub. The property is surrounded by a diverse and expanding collection of restaurants, cafes, retail amenities, and neighborhood conveniences along Franklin Avenue and Hollywood Boulevard. Connectivity remains a defining advantage, with the property situated near the US101 Freeway and within close reach of multiple Metro stations, providing seamless access throughout Greater LosAngeles. The combination of transit accessibility, lifestyle amenities, and employment density continues to position Hollywood as one of the region's most reliably strong rental markets.
Location
State CA
County Los Angeles
Zoning LAR1
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5587019003
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Listed by Michael Sterman • Marcus & Millichap
Bought with MichaelSterman
Bought with MichaelSterman
Nearby Locations
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