5665 Franklin Ave, Los Angeles, CA 90028

Property Description

We are pleased to present 5665 Franklin Avenue, a 5-unit apartment community located in the vibrant and highly sought-after Hollywood submarket ofLos Angeles. Built in 1961, the property offers approximately 5,286 square feet of rentable living area on a 5,324-square-foot lot, delivering investors an exceptionally located asset in one of the city's most enduring and high-demand rental pockets. This boutique building features a practical and desirable unit mix supported by spacious layouts, abundant natural light, and the lasting structural quality characteristic of midcentury construction. These attributes contribute to strong tenant appeal, consistent occupancy, and operational stability, while still presenting clear avenues for modernization and value-add improvements to further enhance long-term returns.5665 Franklin Avenue enjoys a premier Hollywood location, nestled between Beachwood Canyon, LosFeliz, and the Hollywood Entertainment District. Residents benefit from immediate proximity to major employment centers, including Netflix, Paramount Studios, Sunset Gower Studios, and the broader Hollywood media and creative office hub. The property is surrounded by a diverse and expanding collection of restaurants, cafes, retail amenities, and neighborhood conveniences along Franklin Avenue and Hollywood Boulevard. Connectivity remains a defining advantage, with the property situated near the US101 Freeway and within close reach of multiple Metro stations, providing seamless access throughout Greater LosAngeles. The combination of transit accessibility, lifestyle amenities, and employment density continues to position Hollywood as one of the region's most reliably strong rental markets.