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6061 Franklin Avenue

Los Angeles, CA 90028

– beds
– baths
– sqft
6,364 sqft lot
1954 build
– on site

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.

Listed By CRMLS_CA / Jason Tuvia / Marcus & Millichap

Last checked: Checking… • Last updated Nov 25, 2024 •

MLS# 24466895 —

The Building

Year Built:

1954
New Construction:

No
Building Area Total:

6132.00
# of Buildings:

1
Total Number Of Units:

12
Stories Total:

3

Interior

Levels:

Multi/Split
Flooring:

Wood
Laundry:

Washer Included, Dryer Included
Laundry:

1

Location

Directions:

The subject property is positioned in a prime Greater Hollywood Hills location, north of Franklin Avenue and west of North Beachwood Drive.
Latitude:

34.10552900
Longitude:

-118.32181100

The Property

Property Type:

Residential Income
Property Condition:

Repairs Cosmetic, Updated/Remodeled
Zoning:

LAR3
Lot Features:

Landscaped
Lot Size Area:

6364.0000
Lot Size Acres:

0.1461
Lot Size SqFt:

6364.00
View:

1
View:

City Lights
Security Features:

Gated Community, Automatic Gate, Card/Code Access
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5586008002

Heating & Cooling

Heating:

1
Heating:

Wall Furnace

Appliances

Included:

Yes

The Community

Senior Community:

No
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Gated, Garage Door Opener, Uncovered, Covered
Parking Spaces:

8.00
Uncovered Spaces:

6.00

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Sale history

Date	Event	Source	Price	% Change
11/25/24 Nov 25, 2024	Listed / Active	CRMLS_CA	$2,895,000	74.4% (7.0% / YR)
7/11/22 Jul 11, 2022	Price Changed	CRMLS_CA
5/10/22 May 10, 2022	Price Changed	CRMLS_CA

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This multifamily located in Central LA, Los Angeles, CA 90028 is currently for sale for $2,895,000. 6061 Franklin Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 6061 Franklin Avenue is in the Central LA neighborhood of Los Angeles. This multifamily is in the attendance area of Hollywood Senior High School and Cheremoya Avenue Elementary School.

Listing Courtesy of: CRMLS_CA and Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of 13:16 on Nov 25.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.