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7-Unit Apartment Building
For Sale
$1,525,000

5667 Franklin Ave, Los Angeles, CA 90028

Six one-bedroom apartments accompany a rear three-bedroom casita with updated systems and remodeling across most units.

Property Size5,105 SF
Price / SF$298.73
Days on Market217

Property Features for 5667 Franklin Ave

General Information

Standard status Active
Size 5,105 SF
Property subtype Residential Income

Units

Unit Mix 6 x 1BR/1BA, 1 x 3BR/2BA
Multifamily Units 7

Additional Details

Highway Access Yes
Listing Agency: JRM Properties
Listed By: Joshua Tomaszewski
Source: Exprealty
Added: Jan 5 Changed: Aug 10 Last Checked: Aug 10 at 2:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JRM Properties

Investment Insights

Based on property information with market context.

This 7-unit apartment property includes six one-bedroom, one-bath units and a separate three-bedroom, two-bath casita positioned at the rear. Many building systems have been updated, and remodeling has been completed in most of the units. Professional management is already in place.

The property is on Franklin Avenue in Los Angeles, near Franklin boutique stores, Griffith Observatory, the 101 and 5 FWY, and Hollywood sightseeing destinations. The mix of smaller apartments with a larger rear residence provides varied residential configurations within one property.

Key Highlights

  • 7‑unit apartment property with six 1‑bedroom/1‑bath units and one 3‑bedroom/2‑bath casita
  • Rear casita provides a separate 3‑bedroom, 2‑bath residential configuration
  • Many building systems have been updated

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Butcher Veterinary Clinic Acupuncture (Bike/Boat/Book/etc) Store Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,747
Businesses Nearby

Demographics for 90028, CA

32,330
Population
22,344
Households
1.4
Avg Household Size
36
Median Age
49%
College-Educated
90%
High-School Grad
1.5 sq mi
ZIP Area
21,553
Density / Sq Mi
$59,393
Median Household Income
$45,325
Median Earnings
$1,839
Median Rent
$970,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six one-bedroom apartments accompany a rear three-bedroom casita with updated systems and remodeling across most units.
Where is this apartment building located?
The property is located at 5667 Franklin Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: 7‑unit apartment property with six 1‑bedroom/1‑bath units and one 3‑bedroom/2‑bath casita; Rear casita provides a separate 3‑bedroom, 2‑bath residential configuration; Many building systems have been updated
More about this property
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