This Multifamily Property is no longer advertised on LoopNet.com.
6700 Franklin Pl
Franklin Place · Multifamily Property For Sale
·
42 Units
INVESTMENT HIGHLIGHTS
42 Units in Prime Hollywood Built in 1988- (5% + CPI Allowable Increases)
Excellent Unit Mix Consisting of Studios, 1 Bedrooms, and 2 Bedrooms
Jacuzzi and Rec Room on Top Floor (Could Potentially be Converted to a Unit)
First Time on Market in 20 Years
Secured Entrance, Elevator, 2 Floors of Gated Parking (65 Spaces), Central A/C, and Balconies
Significant Upside in Rents
PROPERTY FACTS
No. Units
42
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Mid Rise
Building Class
C
Lot Size
0.37 AC
Building Size
40,876 SF
Average Occupancy
98%
No. Stories
5
Year Built
1988
Parking Ratio
1.59/1,000 SF
UNIT AMENITIES
SITE AMENITIES
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
Studios
4
-
600 - 625
1+1
27
-
700 - 756
2+2
11
-
1,000
PROPERTY TAXES
Parcel Number
5547-002-033
Improvements Assessment
$12,432,780
Land Assessment
$5,328,928
Total Assessment
$17,761,708
