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 majo
MLS #
CRSB26054326
MLS Source
California Regional MLS
Days on Site
3
Laundry
Community Facility
Garage/Parking
Garage: 0 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
5424 Franklin Ave is a Residential Income in Los Angeles, CA 90027. This – square foot property sits on a 11,439 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,500,000 and was built in 1925. This address can also be written as 5424 Franklin Ave, Los Angeles, CA 90027.
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This listing information is up-to-date as of March 12, 2026. For the most current information, please contact Tamas Batyi, (323) 236-6450