6615 Franklin Avenue
Los Angeles, CA 90028
86
Bed
87
Bath
65,746Sqft
37,719Sqft(Lot)
With current ownership implementing over $4 million in property improvements over the past five years, this offering allows a new investor to secure a heavily-remodeled asset while also enjoying substantial immediate cash flow. Available at an attractive 6.88% CAP Rate and 9.25 GRM based on in-place income, the property provides an already strong initial return while allowing for future revenue improvement by applying the same interior renovation blueprint to the remaining apartments in order to recapture the rent upside. Included in the property's expansive reimagining are more than $2 million in apartment interior upgrades, a revamped courtyard with a bocce ball court, a revitalized swimming pool with a BBQ area and outdoor bathroom, a new exterior facade, a renovated elevator, new elect
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 86Bathroom Information
Total Baths: 87
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Building Information
Year Built: 1962Building Area Total: 65746Private Pool: No
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Lot Information
Main Square Feet: 37719 Lot Size Acres: 0.8659 Lot Size Source: Assessor Lot Size Square Feet: 37,719
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Listing Price Information
Listing Price: $18195000
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Tax Information
Parcel Number: 5575006018
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Virtual Tour
Parking Information
Parking Total: 74 AssignedGarage Information
Has Attached Garage: Yes
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Location Information
Direction: We are pleased to announce the opportunity to purchase The Cooper Hollywood, a thoroughly upgraded 75-unit multifamily property in a prime corner location at the base of the Hollywood Hills in Los Angeles, CA.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5667 Franklin Avenue, Los Angeles, CA, 90028 | $1,525,000 | 5 | 7 | 5,105 | 5,105 SqFt |
| 1546 N St Andrews Place, Los Angeles, CA, 90028 | $975,000 | 2 | 2 | 1,154 | 1,154 SqFt |
| 1807 N Van Ness Avenue, Los Angeles, CA, 90028 | $1,495,000 | 6 | 4 | 2,910 | 2,910 SqFt |
| 5961 Fountain Avenue, Los Angeles, CA, 90028 | $1,249,000 | 2 | 2 | 1,746 | 1,746 SqFt |
| 6046 Carlton Way, Los Angeles, CA, 90028 | $1,200,000 | 5 | 3 | 3,016 | 3,016 SqFt |
| 6253 Hollywood Boulevar.., Los Angeles, CA, 90028 | $895,000 | 3 | 2 | 1,730 | 1,730 SqFt |
| 1645 N Vine Street #905, Los Angeles, CA, 90028 | $745,000 | 1 | 1 | 1,000 | 1,000 SqFt |
| 1645 Vine Street #402, Los Angeles, CA, 90028 | $1,079,000 | 2 | 2 | 1,720 | 1,720 SqFt |
| 6340 Yucca Street, Los Angeles, CA, 90028 | $4,500,000 | -- | -- | 6,287 | 6,287 SqFt |
| 6610 Selma Avenue, Los Angeles, CA, 90028 | $1,650,000 | 6 | 10 | 5,672 | 5,672 SqFt |
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ByOwner last updated this listing 08/11/2026 @ 11:27
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