Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

5667 Franklin Ave 7 Unit Apartment Building $2,330,762 CAD ($332,966 CAD/Unit) 5.75% Cap Rate Los Angeles, CA 90028

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Prime Franklin Park location
  • Many upgrades to systems

EXECUTIVE SUMMARY

Location! Location! Location! Prime Investment Property in Prime Hollywood Grove area. Property boast 6 Large 1 bedroom and and a 3 Bedroom in the back. Many of the units have fully updated over the years. Electric has been fully upgraded. Aprox 20% upside on current rents. Professionally Managed. Near all og Hollywood, Griffith Observatory, the 101 FWY, Franklin boutique shopping and More. Please call listing agent for more details. Please do not disturb tenants

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $204,594 $37.75
Other Income - -
Vacancy Loss - -
Effective Gross Income $204,594 $37.75
Taxes $29,134 $5.38
Operating Expenses $41,497 $7.66
Total Expenses $70,631 $13.03
Net Operating Income $133,962 $24.72

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $204,594
Annual Per SF $37.75
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $204,594
Annual Per SF $37.75
Taxes (CAD)
Annual $29,134
Annual Per SF $5.38
Operating Expenses (CAD)
Annual $41,497
Annual Per SF $7.66
Total Expenses (CAD)
Annual $70,631
Annual Per SF $13.03
Net Operating Income (CAD)
Annual $133,962
Annual Per SF $24.72

PROPERTY FACTS

Price $2,330,762 CAD
Price Per Unit $332,966 CAD
Sale Type Investment
Cap Rate 5.75%
Gross Rent Multiplier 11.4
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 5,420 SF
Average Occupancy 100%
No. Stories 2
Year Built 1919
Parking Ratio 0.41/1,000 SF
Zoning LAR1

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 1 $2,541 CAD -
1+1 6 $14,506 CAD -
Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5587-019-002
Land Assessment
$1,226,747 CAD
Improvements Assessment
$1,495,098 CAD
Total Assessment
$2,721,845 CAD
Annual Taxes
$29,134 CAD ($5.38 CAD/SF)
Tax Year
2025
  • Listing ID: 38970448

  • Date on Market: 2026-01-05

  • Last Updated:

  • Address: 5667 Franklin Ave, Los Angeles, CA 90028

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}