Exclusive Listings

62-unit 100% Vacant Apartment in prime Hollywood location

Address:
7070 Franklin Ave
Los Angeles, CA 90028
Price:
$18,500,000
Status:
Taking Backups
Type:
Apartment
# Units:
62
Year Built:
1958
Building Size:
±35,378 SF
Lot Size:
±25,931 SF
CAP Rate:
n/a
GRM:
n/ax
Price/Unit:
$298,400
Price/SqFt:
$523

* CAP RATE and GRM are PROFORMA ONLY. The property is 100% VACANT

** BUYER need to sign a CONFIDENTIALITY AGREEMENT to get access to Offering Memorandum and schedule a private tour.

*** BUYER to pay for BUYER’s AGENT/BROKER commission if Buyer have another agent other than Growth Investment Group – Han Widjaja Chen representing them.

 

EXECUTIVE SUMMARY

The Growth Investment Group as the exclusive listing agent is proud to offer 7070 Franklin Ave, Los Angeles, a 62-unit 100% VACANT value-add apartment investment opportunity located in the heart of Hollywood, CA. The property is a block away from the world renown Hollywood Blvd and literally within walking distance to the some of the most iconic Hollywood destinations such as El Capitan Theatre, Hollywood Walk of Fame, TCL Chinese Theatre, Hollywood & Highland, Madame Tussauds Hollywood, Yamashiro Hollywood.

 

 

Please contact Han Widjaja Chen [email protected] to get the Confidentiality Agreement for document and building access.



Marketing Files


Due Diligence


Broker Contact

Han Widjaja-Chen
Direct: 626.594.4900
[email protected]

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Office:
999 S. San Gabriel Blvd.
San Gabriel, CA 91776
Phone: 626.594.4901
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