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12-Unit Apartment Building
For Sale
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6061 Franklin Ave, Los Angeles, CA 90028

Renovated Hollywood Hills property with gated access, on-site laundry, parking, and six vacant units.

Property SizeContact for details
Days on Market143

Property Features for 6061 Franklin Ave

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Multifamily

Units

Unit Mix 12 x 1BR/1BA
Multifamily Units 12

Additional Details

Road Access Yes

Amenities

gated
CCTV
on-site laundry
storage unit

Building Details

Year Built 1954
Year Renovated 2015
Buildings 1
Listing Agency: Marcus & Millichap - Encino
Listed By: Jason Tuvia · License #CA 01772495
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:49AM

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 Marcus & Millichap - Encino

Investment Insights

Based on property information with market context.

Built in 1954, this apartment property contains twelve one-bedroom, one-bathroom units in a mix of five smaller units, five larger units, and two larger front units with private front patios. Six units will be delivered vacant. The building underwent a full renovation in 2015 and received a soft-story retrofit in 2021. Additional features include gated access, CCTV throughout, a recently re-tarred driveway, and an on-site laundry room.

The property is located at 6061 Franklin Ave in Los Angeles, north of Franklin Avenue and west of North Beachwood Drive. Residents are within short walking distance of entertainment, retail, and restaurants, with nearby destinations including the Hollywood Walk of Fame, Gelson’s Grocery, Hollywood Pantages Theatre, and the Hollywood Bowl. Outdoor recreation is available near Beachwood Canyon and the Hollywood Sign. Parking includes six uncovered spaces and two covered spaces, while a large storage unit offers potential for ADU conversion.

Key Highlights

  • Twelve one‑bedroom / one‑bathroom apartment units
  • Six units will be delivered vacant
  • Fully renovated in 2015; soft‑story retrofit completed in 2021

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Auto Parts Store Mobile Phone Store Butcher Food Market (Bike/Boat/Book/etc) 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

12
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,245
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 - Renovated Hollywood Hills property with gated access, on-site laundry, parking, and six vacant units.
Where is this apartment building located?
The property is located at 6061 Franklin Ave Los Angeles, CA.
What are key features of this property?
This property features: Twelve one‑bedroom / one‑bathroom apartment units; Six units will be delivered vacant; Fully renovated in 2015; soft‑story retrofit completed in 2021
(818) 212-2700 Call to check price and availability
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