We are pleased to present a twelve (12) unit apartment building located at 6061 Franklin Avenue in Los Angeles, California. The subject property is positioned in a prime Greater Hollywood Hills location, north of Franklin Avenue and west of North Beachwood Drive. Built in 1954, this property contains a streamlined unit mix of twelve (12) one bedroom / one bathroom units. The units vary in size with six (6) smaller, four (4) that are large, and two (2) large front units that boast a private patio in the front of the building. The whole building was fully renovated in 2015, now features a quality aesthetic with wood deco throughout, completed a soft-story retrofit in 2021, is gated & secure with a recently re-tarred driveway, CCTV throughout the building, and an on-site laundry room. There are six (6) uncovered parking spaces and two (2) tuck-under parking spaces available. There is two (2) additional large storage units with potential to convert into multiple ADUs. Tenants will enjoy being within short walking distance to some of the best entertainment, retail, and restaurant amenities in Los Angeles. Some of the nearby amenities include the Hollywood Walk of Fame, Avalon Hollywood & Bardot, Gower Plaza Shopping Mall, Gelson’s Grocery, TAO, Katsuya Hollywood, Wood & Vine, Scum and Villainy Cantina, The Bourbon Room, and many more. A short drive up North Beachwood Drive and residents can experience outdoor recreation hiking the Hollywood sign and enjoying the quaint, laid back community at Beachwood Canyon. Situated in a prime greater Hollywood Hills location, this offering presents an excellent opportunity for any investor to purchase a turn-key, quality aesthetic asset with an excellent starting cap rate.
Property Details
Price:
$2,895,000
MLS #:
24466895
Status:
Active
Baths:
0
Address:
6061 Franklin Avenue
Type:
Residential Income
Neighborhood:
c30hollywoodhillseast
City:
Los Angeles
Listed Date:
Nov 25, 2024
State:
CA
ZIP:
90028
Lot Size:
6,364 sqft / 0.15 acres (approx)
Year Built:
1954
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Schools
Interior
Flooring
Wood
Heating
Wall Furnace
Exterior
Lot Features
Landscaped
Parking Features
Gated, Garage Door Opener, Uncovered, Covered
Parking Spots
8.00
Pool Features
None
Security Features
Gated Community, Automatic Gate, Card/ Code Access
Spa Features
None
Stories Total
3
View
City Lights
Financial
Map
Community
- Address6061 Franklin Avenue Los Angeles CA
- AreaC30 – Hollywood Hills East
- CityLos Angeles
- CountyLos Angeles
- Zip Code90028
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Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
6061 Franklin Avenue
Los Angeles, CA
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