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Franklin Plaza 7230 Franklin Ave 80 Unit Apartment Building $55,558,000 CAD ($694,475 CAD/Unit) 5.44% Cap Rate Los Angeles, CA 90046
EXECUTIVE SUMMARY
Sellers will review all good offers with proof of fund. Please contact Real Estate Agent Charles at 626-373-7388. Submit on or by January 23, 2025
PROPERTY FACTS
| Price | $55,558,000 CAD | Building Class | C |
| Price Per Unit | $694,475 CAD | Lot Size | 0.84 AC |
| Sale Type | Investment | Building Size | 70,233 SF |
| Cap Rate | 5.44% | Average Occupancy | 74% |
| No. Units | 80 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1974 |
| Property Subtype | Apartment | Parking Ratio | 1.14/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LAR3 | ||
| Price | $55,558,000 CAD |
| Price Per Unit | $694,475 CAD |
| Sale Type | Investment |
| Cap Rate | 5.44% |
| No. Units | 80 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.84 AC |
| Building Size | 70,233 SF |
| Average Occupancy | 74% |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | LAR3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Washer/Dryer
- Heating
- Crown Molding
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Range
- Views
- Walk-In Closets
SITE AMENITIES
- Business Center
- Courtyard
- Fitness Center
- Picnic Area
- Spa
- Gated
- Grill
- Media Center/Movie Theatre
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 74 | - | 750 - 825 |
| 2+1 | 6 | - | 905 |
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Walk Score®
Walker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 5548-001-021 | Improvements Assessment | $34,789,350 CAD |
| Land Assessment | $14,562,982 CAD | Total Assessment | $49,352,332 CAD |
PROPERTY TAXES
Parcel Number
5548-001-021
Land Assessment
$14,562,982 CAD
Improvements Assessment
$34,789,350 CAD
Total Assessment
$49,352,332 CAD
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Franklin Plaza | 7230 Franklin Ave
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