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Sold Date7/20/2021
Closed

5528 FRANKLIN AvenueLos Angeles, California CA90028

Listing ID20551728

6,912 SqFt

$3,126,000

Great income property located in Heart of Hollywood on the border of Los Feliz and Franklin Village. Remodeled 10 units, Consists of two side by side buildings, Two separate APN's,By far Area Lowest GRM of 13.6, Cap Rate 5.6, Gross income $233,388. Great Units mix of 7 X 2 bedroom 3 studios, Most units have front and rear access, private in unit laundry areas, and parking. Separately metered for gas and electric. Metro red line station one block away. Large 9,535 square foot lot with R3-1 zoning. 5520 & 5528 Franklin Ave APN 5544-004-021 & 5544-004-022 both included in the sale.
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