This Multifamily Property is no longer advertised on LoopNet.com.
5870 Franklin Ave
Los Angeles, CA 90028
Chateau Marcella · Multifamily Property For Sale · 76 Units
INVESTMENT HIGHLIGHTS
- Excellent Hollywood Location- 38 Units (35 per Cert of Occupancy)
- Spacious Studio and 1 Bedroom Units
- Priced at under $300 per Square Foot
- First Time on Market in 45 Years!
- Secured Entrance, Elevator, and Views from Upper Floors
- Significant Upside in Rents
PROPERTY FACTS
No. Units | 76 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Lot Size | 0.21 AC |
Building Size | 29,440 SF |
No. Stories | 4 |
Year Built | 1928 |
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Property Manager on Site
- Vintage Building
- Online Services
- Public Transportation
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
Studios | 48 | - | - |
1+1 | 28 | - | - |
PROPERTY TAXES
Parcel Number | 5586-028-010 | Improvements Assessment | $3,654,405 |
Land Assessment | $5,202,000 | Total Assessment | $8,856,405 |
ZONING
Zoning Code | LAR3 |
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Listing ID: 23389807
Date on Market: 6/13/2021
Last Updated:
Address: 5870 Franklin Ave, Los Angeles, CA 90028
The Multifamily Property at 5870 Franklin Ave, Los Angeles, CA 90028 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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