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

ZONING

Zoning Code LAR3
  • Listing ID: 23389807

  • Date on Market: 6/13/2021

  • Last Updated:

  • Address: 5870 Franklin Ave, Los Angeles, CA 90028