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5665 Franklin Avenue, Los Angeles, CA 90028

Property

5665 Franklin Avenue, Los Angeles, CA 90028 Sold July 2026 CRMLS
$1,025,000Sold July 2026

Listing Agent: Michael Sterman (DRE #01911703) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Michael Sterman · Marcus & Millichap · MLS #26665685 · Source: CRMLS

13
Bedrooms
7
Bathrooms
5,286
Sq Ft
5,324 sqft
Lot Size
1961
Year Built
Property
Type
2
Stories

How this sale compares

5665 Franklin Avenue sold for $1,025,000 in July 2026, 6.4% under its $1,095,000 list price, after 34 days on the market. That works out to $194 per square foot on 5,286 square feet. Across 23 closed sales in 90028 over the last 12 months, the median sold price is $1,000,000 and the median is $647 per square foot, 234% above this sale's $194.

$194
This sale, per sq ft
$647
90028 median per sq ft (12 mo)
$1,000,000
90028 median sold price (12 mo)
23
Closed sales in 90028 (12 mo)
34
Days on market
−6.4%
Sold vs. list price
QuarterClosed sales in 90028Median sold price
Q1 20264$1,107,500
Q2 202611$1,050,000
Q3 20268$944,000

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 90028

Description

We are pleased to present 5665 Franklin Avenue, a 5-unit apartment community located in the vibrant and highly sought-after Hollywood submarket ofLos Angeles. Built in 1961, the property offers approximately 5,286 square feet of rentable living area on a 5,324-square-foot lot, delivering investors an exceptionally located asset in one of the city's most enduring and high-demand rental pockets. This boutique building features a practical and desirable unit mix supported by spacious layouts, abundant natural light, and the lasting structural quality characteristic of midcentury construction. These attributes contribute to strong tenant appeal, consistent occupancy, and operational stability, while still presenting clear avenues for modernization and value-add improvements to further enhance long-term returns.5665 Franklin Avenue enjoys a premier Hollywood location, nestled between Beachwood Canyon, LosFeliz, and the Hollywood Entertainment District. Residents benefit from immediate proximity to major employment centers, including Netflix, Paramount Studios, Sunset Gower Studios, and the broader Hollywood media and creative office hub. The property is surrounded by a diverse and expanding collection of restaurants, cafes, retail amenities, and neighborhood conveniences along Franklin Avenue and Hollywood Boulevard. Connectivity remains a defining advantage, with the property situated near the US101 Freeway and within close reach of multiple Metro stations, providing seamless access throughout Greater LosAngeles. The combination of transit accessibility, lifestyle amenities, and employment density continues to position Hollywood as one of the region's most reliably strong rental markets.

Listing description from the July 2026 sale, as reported to CRMLS.

Sale history

$1,025,000
Sold July 2026 · listed $1,095,000, on market March 2026, 34 days on market · MLS #26665685 · Source: CRMLS
Listing Agent: Michael Sterman · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Michael Sterman · Marcus & Millichap

Recent sales near 5665 Franklin Avenue

Closed sales reported in 90028, nearest first, last 12 months. All recent sales in Los Angeles →

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Sale history for this address is based on MLS-reported closed transactions provided through CRMLS. Information is deemed reliable but not guaranteed and should be independently verified. Nalren does not provide price estimates or valuations.

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