Price: $3,200,000 | Approved Plans for 28 Units
Lot Size: 9,670 Square Feet | Project’s Building Area: 26,349 Square Feet
ADDRESS
6555-6561 Franklin Avenue
Los Angeles, CA 90028
Colliers International’s Ghobadi Investment Team is pleased to present this rare development opportunity at 6555-6561 Franklin Avenue, one of Hollywood’s most desirable residential locations. This project has approved plans for a 28-unit five-story over podium building, street level parking, and one level of subterranean with 30 parking spaces.
PROPERTY HIGHLIGHTS
• Approved plans for 28 units
• Unit Mix: Designed for a diverse tenant base
(16) Two-Bedroom, Two-Bath Units
(4) One-Bedroom, One-Bath Units
(6) Studio Units + Lofts
(2) Studios
• Potential for additional ADUs - contact broker for more
information
• (3) Designated Low-Income Units
• Total Building Area: 26,349 SF
• Rentable Area: 23,286 SF
• Parking: 30 spaces across two subterranean levels
• Amenities & Common Areas:
Elegant lobby with contemporary design
Resident recreation room for social and community
engagement
Leasing office to facilitate property management
PROPERTY INFORMATION
Lot Size: 9,670 SF
Project’s Building Area: 26,349 SF
Project’s Rentable Area: 23,286 SF
APN: 5575-005-011 & 5575-005-012
Zoning: R4-1VL