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Multifamily

6700 Franklin Pl

6700 Franklin Pl, Los Angeles, CA 90028

Listing Price: $19,500,000

Cap Rate
3.07%
Number of Units
42
Price/Unit
$464,286
Price/Gross SF
$477.05
Gross SF
40,876

Investment Overview

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Investment Highlights

  • 42 Units in Prime Hollywood Built in 1988- (5% + CPI Allowable Increases)
  • First Time on Market in 20 Years
  • Excellent Unit Mix Consisting of Studios, 1 Bedrooms, and 2 Bedrooms
  • Secured Entrance, Elevator, 2 Floors of Gated Parking (65 Spaces), Central A/C, and Balconies
  • Jacuzzi and Rec Room on Top Floor (Could Potentially be Converted to a Unit)
  • Significant Upside in Rents

Exclusively Listed By

Financing By

Multifamily

6700 Franklin Pl

Listing Price: $19,500,000

Cap Rate
3.07%
Number of Units
42
Price/Unit
$464,286
Price/Gross SF
$477.05
Gross SF
40,876

Investment Highlights

  • 42 Units in Prime Hollywood Built in 1988- (5% + CPI Allowable Increases)
  • First Time on Market in 20 Years
  • Excellent Unit Mix Consisting of Studios, 1 Bedrooms, and 2 Bedrooms
  • Secured Entrance, Elevator, 2 Floors of Gated Parking (65 Spaces), Central A/C, and Balconies
  • Jacuzzi and Rec Room on Top Floor (Could Potentially be Converted to a Unit)
  • Significant Upside in Rents

Investment Overview

.

Exclusively Listed By

Financing By

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