Properties

Los Angeles, CA 90027 5424 Franklin Avenue

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Presented By: Tamas Batyi with Compass; 323-236-6450
  • MLS# SB26054326
  • 03/12/2026
  • Get pre-approved
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  • Baths • 1
  • SQFT • 12,636

Home Details

Iconic Hollywood property, The Navarre Apartment community, a rare investment opportunity featuring a 20 unit, two story building with a unit mix of 16 studios and 4 one bedroom/one bath units. Built in 1925, this charming historic residential building retains original fixtures and timeless architectural style, with features such as crown molding, classic details, and original hardwood floors in select units. A true Hollywood survivor that celebrated 100 years in 2025, the property offers well kept units full of character. The building operates at an attractive 5.5% cap rate and includes community laundry facilities, on-site first come first serve parking spaces (13), and individual electric and gas meters. Located in a high demand Hollywood rental market, it presents an ideal opportunity for investors seeking stable income in a classic Los Angeles asset. Location Highlights: Just minutes from Hollywood and the natural beauty of Griffith Park, nearby Los Feliz blends classic Los Angeles charm with a vibrant creative culture. Known for its tree lined streets, historic architecture, and walkable corridors along Vermont and Hillhurst Avenues, the neighborhood attracts artists, filmmakers, and longtime residents alike. With easy access to Griffith Park, local cafรฉs, shops, and major freeways, it offers a rare balance of urban energy, history, and community.
Presented By: Tamas Batyi with Compass; 323-236-6450

Interior Features for 5424 Franklin Avenue

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesCommon Area
Total Stories2

Other Rooms

Entry Level1

General for 5424 Franklin Avenue

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5.5
CityLos Angeles
Community FeaturesHiking, Street Lights, Sidewalks
Contingencynone
CountyLos Angeles
Directions5424 Franklin Ave Los Angeles, CA 90027
Entry Location1
Garage Spaces
Garage Y/NNo
Gross Income328320
Insurance Expense21365
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional
Lot Size Square Feet11439
Lot Size UnitsSquare Feet
MLS AreaC20 - Hollywood
MaintenanceExpense10000
Net Operating Income190138
New ConstructionNo
Number Of Units Total20
Open Parking Spaces13
Operating Expense129974
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot27
Taxes$42,000
Trash Expense0
Water Sewer Expense0
Year Built1925
Year Built SourcePublic Records

Exterior for 5424 Franklin Avenue

Building Area Total12636
Lot Features16-20 Units/Acre
Lot Size Acres0.2626
Lot Size Area11439
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters20
Number of Separate Gas Meters20
Number of Separate Water Meters1
Private PoolNo
Total Parking13
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,500,000
MLS#SB26054326
List Date 03/12/2026
Property Type Multi-Family
Phone 888.795.6274
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