SoldMay 12, 2021

Listed and Bought with Roderick 'Rick' Raymundo

Source: Combined LA Westside Multiple Listing Service, Inc #21730642

6615 Franklin Avenue, Los Angeles, CA, 90028

$22,000,000

37720 sq. ft.

Other

Sold: May 12, 2021

What's around 6615 Franklin Avenue

About this property

On the market for the first time in over 55 years, this presents a once-in-a-generation opportunity to acquire a substantial asset in one of the premier neighborhoods in Southern California. Located just three blocks from the famed intersection of Hollywood Boulevard and Highland Avenue, the property allows its residents convenient access to all of the most famous destinations in Hollywood.Although the property has been well-maintained throughout its ownership, it still presents an excellent opportunity for a new owner to upgrade and reposition the asset in order to improve future cash flow. Approximately 70% of the plumbing has been replaced with copper pipes, tankless water heaters have been installed, and the roof has been covered with a white roof coating. However, unit interiors still feature carpet and tile flooring, tile countertops, white appliances, and dated bathrooms, allowing a new owner an open slate to enhance the apartments and achieve higher rents.Because current ownership positioned the property as a lower-cost option for students at the several nearby schools, the pandemics effect on those schools has resulted in an unusual number of vacancies.

Looking for more information on 6615 Franklin Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties sold nearby

SoldJul 10, 2026
$1,025,000
5665 Franklin Avenue
Los Angeles CA 90028
13
7
5
Other
Listing courtesy of Marcus & Millichap
SoldJun 30, 2026
$2,425,000
1352 North Las Palmas Avenue
Los Angeles CA 90028
13
12
13
Other
Listing courtesy of KW Commercial Studio City and CAPSTONE REAL ESTATE
SoldApr 23, 2026
$2,200,000
1336 North Citrus Avenue
Los Angeles CA 90028
11
11
10
Other
Listing courtesy of Compass and FWL Realty

Other properties sold by Marcus & Millichap

SoldJul 9, 2026
$9,500,000
7203 Rubio Avenue
Los Angeles CA 91406
59
49
53
Other
Listing courtesy of Marcus & Millichap
SoldJun 10, 2026
$2,800,000
1139 West 27th Street
Los Angeles CA 90007
21
16
4
Other
Listing courtesy of Marcus & Millichap
SoldJun 9, 2026
$7,400,000
156 Paseo de la Concha
Torrance CA 90277
24
13
26
Other
Listing courtesy of Marcus & Millichap and West Shores Realty, Inc.

Browse properties sold in nearby areas

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent