Berman Portfolio · Hollywood · Off-Market Opportunity

3 Hollywood Apartment Buildings. One Owner.

Prepared for Reuben Berman
May 2026 · The Group CRE
Taylor Avakian · DRE #02060040
916-996-4421 · taylor@thegroupcre.com
Total Units
39
across 3 properties
Portfolio Ask
$9.20M
mid-tier · range $8.6–9.8M
In-Place NOI
$565K
6.14% blended cap
Pro Forma NOI
$684K
7.43% PF cap · +21% upside
$/Door · $/SF
$236K
$313/SF · 29,368 SF total
Property 01 · Hollywood Dell

7261 Franklin Ave

Los Angeles, CA 90046 · 13 units · Built 1956 · LAR3
Mid-tier ask$3.35M
$/Door$258K
$/SF$316
In-place cap6.19%
Pro Forma cap6.62%
DSCR (current)1.17x
Bldg / Lot SF10,588 / 9,458
Cap-ex done. New roof (2022), seismic done (2017), copper repipe (2018), 9 of 13 units fully renovated. Buyer steps into a stabilized RSO income play with no major required spend.
View Interactive BOV →
https://bov-thegroupcre.pages.dev/7261-franklin-ave/
Property 02 · Hollywood (Twin)

6858 & 6860 De Longpre Ave

Los Angeles, CA 90028 · 16 units · Built 1954 · LARD1.5
Mid-tier ask$3.80M
$/Door$238K
$/SF$302
In-place cap5.47%
Pro Forma cap7.19%
DSCR (current)1.10x
Bldg / Lot SF12,600 / 14,047
Twin 8-unit assemblage. 17% rent gap to market with 7 legacy tenants left to harvest. New electrical (2025), copper repipe (2010), new exterior paint (2025). The value-add play of the portfolio.
View Interactive BOV →
https://bov-thegroupcre.pages.dev/6858-6860-de-longpre-ave/
Property 03 · Hollywood Proper

1852 N Wilton Pl

Los Angeles, CA 90028 · 10 units · Built 1957 · LARD1.5
Mid-tier ask$2.05M
$/Door$205K
$/SF$332
In-place cap5.72%
Pro Forma cap7.33%
DSCR (current)1.25x
Bldg / Lot SF6,180 / 7,841
Smallest, cleanest deal. All 1+1s = simple ops. New roof (2023), balcony law passed, copper repipe (2019). One unit vacant and ready to set the new market comp from day one.
View Interactive BOV →
https://bov-thegroupcre.pages.dev/1852-n-wilton-pl/