5424 Franklin Avenue, Los Angeles, CA 90027

• 12,636 sqft

Property 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

Listing Status:

Active

Date Added:

March 12, 2026

Data Last Updated:

April 2, 2026 at 3:08AM

Listing Office:

Compass : 858-345-4514

Listing Agent:

Tamas Batyi : 323-236-6450

MLS ID:

CRSB26054326

Interior

• Laundry: Common AreaOther

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: 5544006044

Financial

• Source: CRMLS