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5667 Franklin Ave 7 Unit Apartment Building $2,213,510 CAD ($316,216 CAD/Unit) 6.02% Cap Rate Los Angeles, CA 90028



Investment Highlights
- Prime Franklin Park location
- Many upgrades to systems
Executive Summary
$50,000 Price Reduction!!!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 of 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 |
$200,280
|
$36.95
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$200,280
|
$36.95
|
| Taxes |
$28,520
|
$5.26
|
| Operating Expenses |
$40,622
|
$7.49
|
| Total Expenses |
$69,142
|
$12.76
|
| Net Operating Income |
$131,138
|
$24.20
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $200,280 |
| Annual Per SF | $36.95 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $200,280 |
| Annual Per SF | $36.95 |
| Taxes (CAD) | |
|---|---|
| Annual | $28,520 |
| Annual Per SF | $5.26 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $40,622 |
| Annual Per SF | $7.49 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $69,142 |
| Annual Per SF | $12.76 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $131,138 |
| Annual Per SF | $24.20 |
Property Facts
| Price | $2,213,510 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $316,216 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 6.02% | Building Size | 5,420 SF |
| Gross Rent Multiplier | 10.78 | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1919 |
| Property Subtype | Apartment | Parking Ratio | 0.41/1,000 SF |
| Zoning | LAR1 | ||
| Price | $2,213,510 CAD |
| Price Per Unit | $316,216 CAD |
| Sale Type | Investment |
| Cap Rate | 6.02% |
| Gross Rent Multiplier | 10.78 |
| 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 | $2,562 CAD | - |
| 1+1 | 6 | $14,533 CAD | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5587-019-002 | Total Assessment | $2,751,664 CAD |
| Land Assessment | $1,240,186 CAD | Annual Taxes | $28,520 CAD ($5.26 CAD/SF) |
| Improvements Assessment | $1,511,478 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
5587-019-002
Land Assessment
$1,240,186 CAD
Improvements Assessment
$1,511,478 CAD
Total Assessment
$2,751,664 CAD
Annual Taxes
$28,520 CAD ($5.26 CAD/SF)
Tax Year
2025
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JRM Properties
5667 Franklin Ave
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