6871 Franklin Avenue, Los Angeles, CA 90028

Hollywood Heights, Hollywood Hills West, Central LA, Los Angeles
Building in Hollywood Hills West
3 Stories
Built in 1958
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Welcome to 6871 Franklin Avenue, a building located in Hollywood Heights, Hollywood Hills West, Central LA, Los Angeles in Los Angeles, CA. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1958. There are a total of 3 floors. Finally, 6871 Franklin Avenue was most recently sold on Oct 10, 2017 for $8,625,000. According to local assessors, the total value of the building is currently valued at $9,432,695. Specifically, the value of the land that the property sits on has been assessed at $7,655,521. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1958
Effective Year Built
1958
Building Count
1
Bedroom Count
28
Bathroom Count
31
Full Bathrooms
31
Partial Bathrooms
31
Building Condition
Average
Building Quality
B
Construction Type
Wood
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
3
Living Units
30
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
Pool
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
THE PINEHURST TERRACE TRACT
Land Acres
0.354
Standard Land Use Code
Apartments (generic)
County Land Use Code
unknown
Legal Description 1
PINEHURST TERRACE TRACT EX OF STS LOT/SEC 1
Ownership
Current Owner
MC PICO PROPERTIES LLC
Current Owner's Name
MC PICO PROPERTIES LLC
Previous Owner
HOLLYWOOD COZMO LLC
Previous Owner's Name
COZMO LLC
Owner Address - City
WEST HOLLYWOOD
Owner Address - State
CA
Owner Address - ZIP Code
90046
Owner Before Previous Owner
SCHAER BRIAN
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Los Angeles Unified School District
Census Tract
189702
Census Block Code
1024
Census Group
1
Census Year
2019
Census - Combined Statistical Area - Area Code
348
Census - Combined Statistical Area - Area Name
Los Angeles-Long Beach, CA
Census - County FIPS
06037
Census - Full FIPS
060371897021024
Census - Metropolitan Division - Area Code
31084
Census - Metropolitan Division - Area Name
Los Angeles-Long Beach-Glendale, CA
Census - Metro Micro Statistical Area - Area Code
31080
Census - Metro Micro Statistical Area - Area Name
Los Angeles-Long Beach-Anaheim, CA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
0644000
Census Source
US Census Bureau
Census State FIPS
06
Census Tract Code
189702
School District - Unified - Grade High
12
School District - Unified - Grade Low
KG
School District - Unified - LEA Code
0622710
School District - Unified - Name
Los Angeles Unified School District
Zoning
Zoning
LAR4
Geography
Assessors Map Reference
34-B3
Parcel
5549-018-025
Lot
1
Lot Code
unknown
Municipality
WEST /HOLLYWOOD HILLS
Latitude
34.1044
Longitude
-118.34
FIPS
06037
Mailing Carrier Code
C078
Mailing Full Street Address
7772 SANTA MONICA BLVD
Mailing House Number
7772
Mailing Street Mode
BLVD
Mailing Street
SANTA MONICA
Mailing 4-Digit Zip Code
6219
Geo Status Code
unknown
Valuation
Timestamp
2023-11-02 21:32:05
UCID Flag
U
More About The Building
In total, the building area is listed as 18,155 square feet. The depth of the property lot was measured at 1,450 square feet and the front at 1,020 square feet. The building itself has 18,155 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 6871 Franklin Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Hollywood Hills West area have a median price of $6,775. Those in the 25th percentile, have a price around $3,251. While those in the 75th percentile, have a price around $13,500. Typically, the buildings in this area have a median sqft of 1,640. That means that the median price per sqft is around $4. In other words, the price per sqft for buildings in the 25th percentile is $3. While the price per sqft for buildings in the 75th percentile is $5. As a breakdown, we've included the following stats:

  • There are currently a total of 9 studio listings. The median price for these types of listings is $1,882. That's $3.90 price per sqft.

  • There are currently a total of 10 one bedroom listings. The median price for these types of listings is $2,474. That's $3.29 price per sqft.

  • There are currently a total of 24 two bedroom listings. The median price for these types of listings is $4,268. That's $3.56 price per sqft.

  • There are currently a total of 29 three bedroom listings. The median price for these types of listings is $8,800. That's $4.35 price per sqft.

  • There are currently a total of 18 four bedroom listings. The median price for these types of listings is $18,750. That's $5.84 price per sqft.
About The Area
6871 Franklin Avenue is located in Los Angeles County, California. There are 10,057,155 people living here. There are 3,281,845 households. Most of these households have an average family size of 3.69 people. According to the census, 54% are currently renting while 46% own their homes. The median age of this population is around 35.8 years old. On average, most folks in the county are unmarried. About 57% of folks speak a language other than English in this area. The area's employment rate is currently around 58.6%. Speaking of employment, the median income is $57,952. Most folks will commute by car for around 30.4 minutes. Finally, we know that 21% of residents in the area have graduated with their high school degree. Additionally, 20% and 11% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Los Angeles - Long Beach - Anaheim, CA Urban Area has a population of 12,492,745 people. Based on census records, there are 4,042,635 registered households. Families in this area are on average made up of 3.68 people per household. Most folks are unmarried. They are also typically around 35.9 years old. Does diversity matter to you? Right now, 56% of folks speak a language other than English here. About 53% rent while 47% purchased their homes. Right now, the community is made up of 20% of residents who have graduated with at least a high school degree. On top of that, 21% have a Bachelor's degree and 11% have a Master's degree. The employment rate is currently around 59.3%. Those employed, have a median income of $60,884. If you move here, you can expect to commute mostly by car for around 29.6 minutes.

$1,882
Studio Median Rent
$2,474
1BR Median Rent
$4,268
2BR Median Rent
$8,800
3BR Median Rent
PUBLIC TRANSIT
224/690
Highland / Franklin (Under 500 ft - 3 min walk)
Metro - Los Angeles
224/690
Highland / Franklin (910 ft - 4 min walk)
Metro - Los Angeles
212
217
Hollywood / Highland (960 ft - 4 min walk)
Metro - Los Angeles
224/690
Highland / Hollywood (1010 ft - 4 min walk)
Metro - Los Angeles
Metro B Line (Red)
Hollywood / Highland Station (0.20 mi - 5 min walk)
Metro - Los Angeles

Nearby Schools

(within attendance boundary)
Selma Avenue Elementary  •  0.47 mi
6611 Selma Ave., Los Angeles, CA 90028
Public  •  Elementary  •  Grades KG to 6
Los Angeles Unified School District
Hubert Howe Bancroft Middle  •  1.14 mi
929 N. Las Palmas Ave., Los Angeles, CA 90038
Public  •  Middle School  •  Grades 6 to 8
Los Angeles Unified School District
Hollywood Senior High  •  0.39 mi
1521 N. Highland Ave., Los Angeles, CA 90028
Public  •  High School  •  Grades 9 to 12
Los Angeles Unified School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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