5520-5528 Franklin Ave, Los Angeles, CA 90028
Call (310) 924-7244
Description.
Great property located in Hollywood on the border of Los Feliz and Franklin Village, Consists of two side by side buildings 5520 & 5528 Franklin sold together at $ 3,199,500. GOI $ 233,904, Best actual GRM 13.6 & Cap rate of 5.4, Shared drive way, total 10 Units, recently Remodeled, 6 X two bedroom units which have front and rear access, private laundry room in unit and individual water meters, Separately metered for gas and electric. 4 X bachelor units, 18 Parking space, No overhang apartments, No Earthquake retrofit needed, Gated building, Multiple brand new developments in the immediate area, total building size 6912 an lot 9,535 SQFT. 5520 & 5528 Franklin Ave APN 5544-004-021 & 5544-004-022 both included in the sale. Close to Metro station.
Property Highlights
$3,199,500
