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3950 Franklin Avenue, Los Angeles, CA 90027

Single-family home · 2 recorded sales since 2021

3950 Franklin Avenue, Los Angeles, CA 90027 Sold August 2023 CRMLS
$995,000Sold August 2023

Listing Agent: Henry Vega (DRE #01765081) · Listing Office: Keller Williams Realty · Contact: 323-300-1000 · Bought with: Henry Vega · Keller Williams Realty · MLS #BB23112464 · Source: CRMLS

2
Bedrooms
1
Bathrooms
1,247
Sq Ft
4,225 sqft
Lot Size
1947
Year Built
Single-family home
Type
2
Stories
2
Garage
None
Cooling
Hills, Neighborhood, Panoramic
View

About this single-family home

Introducing an extraordinary investment opportunity in the prestigious Franklin Hills neighborhood, adjacent to the sought-after Los Feliz area of California's 90027 zip code. This newly listed property offers discerning investors the chance to acquire a high-end property with immense potential for substantial returns. Nestled in a tranquil location, this property is a diamond in the rough, awaiting the skilled touch of a seasoned investor. With extensive renovations required, the property presents a rare opportunity to reimagine and rebuild from the ground up. The interior has been stripped down to the studs, providing a blank canvas for a complete transformation limited only by your imagination. Boasting breathtaking views of the iconic Franklin Hills, this property offers a picturesque backdrop that will captivate both residents and guests alike. Experience the serene beauty of the surrounding hills and the vibrant energy of the nearby Los Feliz community, renowned for its trendy cafes, upscale boutiques, and cultural attractions. Moreover, the property's great potential for expansion cannot be overlooked. With ample space on the lot, investors can explore the possibilities of adding square footage to create a truly grand estate. Alternatively, the property is primed for an accessory dwelling unit (ADU) project, allowing for additional income potential or a separate living space for extended family or guests. Serious investors will recognize the remarkable opportunity that awaits within this prime location. By combining your vision and expertise with the limitless potential of this property, you can create a masterpiece that stands out in the highly competitive real estate market of Los Angeles. Don't miss out on this chance to secure a high-end investor property in one of the most coveted neighborhoods of Los Feliz adjacent to the Franklin Hills. Embrace the challenge of rehabilitating this diamond in the rough, and unlock its true potential. Act now and make this property a shining example of your investment prowess.

Listing description from the August 2023 sale, as reported to CRMLS.

Sale history

$995,000
Sold August 2023 · listed $990,000, on market June 2023 · MLS #BB23112464 · Source: CRMLS
Listing Agent: Henry Vega · Listing Office: Keller Williams Realty · Contact: 323-300-1000 · Bought with: Henry Vega · Keller Williams Realty
$920,000
Sold March 2021 · listed $990,000, orig. $1,190,000, on market January 2021 · MLS #320004535 · Source: CRMLS
Listing Agent: Ogsen Mahseregyan · Listing Office: Coldwell Banker Realty · Contact: 818-240-1111 · Bought with: Daniel Herrera Carbajal · Fair Trade Real Estate
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