5424 Franklin Avenue, Los Angeles, CA 90027
Property
Sold June 2026
Listing Agent: Tamas Batyi (DRE #02053534) · Listing Office: Compass · Contact: 323-236-6450 · Bought with: Jared Levine · Keller Williams Realty Calabasas · MLS #SB26054326 · Source: CRMLS
How this sale compares
5424 Franklin Avenue sold for $2,900,000 in June 2026, 17% under its $3,500,000 list price, after 38 days on the market. Across 106 closed sales in 90027 over the last 12 months, the median sold price is $1,934,250 and the median is $860 per square foot.
| Quarter | Closed sales in 90027 | Median sold price |
|---|---|---|
| Q1 2026 | 2 | $4,415,000 |
| Q2 2026 | 53 | $2,125,000 |
| Q3 2026 | 49 | $1,455,000 |
| Q4 2026 | 2 | $4,422,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90027
Description
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 cafés, shops, and major freeways, it offers a rare balance of urban energy, history, and community.
Listing description from the June 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 5424 Franklin Avenue
5470 Los Feliz Boulevard: Sold $3,800,000 · 6 bd · 6 ba · 6,057 sqft · Jul 2026 · 0.2 mi
PLG Estates | DRE #01479846
Buyer's agent: Monique Carrabba, Compass | DRE #017083762000 De Mille Drive: Sold $24,750,000 · 6 bd · 10 ba · 11,000 sqft · Sep 2026 · 0.3 mi
2201 N Hobart Boulevard: Sold $3,325,000 · 4 bd · 4 ba · 3,293 sqft · Jun 2026 · 0.4 mi
Innovate Realty, Inc. | DRE #02047620
Buyer's agent: Jermayne Shannon, COMPASS | DRE #015197265440 Harold Way: Sold $1,957,500 · 12 bd · 10 ba · 5,706 sqft · Aug 2026 · 0.4 mi
Keller Williams Beverly Hills | DRE #01879326
Buyer's agent: David Morales, Virtual Brokers | DRE #018936961606 N Kingsley: Sold $892,000 · 3 bd · 4 ba · 1,750 sqft · Jul 2026 · 0.4 mi
Pacific Sterling Realty | DRE #02162284
Buyer's agent: Reza Badakhshan, Compass | DRE #021312591848 N Normandie Avenue: Sold $1,455,000 · 8 bd · 7 ba · 5,547 sqft · Jul 2026 · 0.4 mi
Marcus & Millichap | DRE #01772495
Buyer's agent: Alex Galuz, Keller Williams Realty Calabasas | DRE #012914861410 N Serrano Avenue: Sold $275,000 · 1 bd · 1 ba · 591 sqft · Jul 2026 · 0.6 mi
Aspire Los Angeles | DRE #01773473
Buyer's agent: Daniel Milstein, Christie's International Real Estate SoCal | DRE #021068422315 N Hobart Boulevard: Sold $3,900,000 · 4 bd · 5 ba · 4,488 sqft · Jul 2026 · 0.6 mi
Keller Williams Larchmont | DRE #02015848
Buyer's agent: Jiyeon Gibson, Century 21 Masters | DRE #01846332
Closed sales reported in 90027, nearest first, last 12 months. All recent sales in Los Angeles →