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3950 Franklin Avenue
Los Angeles, CA 90027
Sold
3950 Franklin Avenue
Los Angeles, CA 90027
Sold
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.
PROPERTY INFORMATION
| MLS # | BB23112464 | Lot Size | 4,225 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Single Family Residence |
| Price | $ 990,000
Price Per SqFt: $ 794 |
DOM | 680 Days |
| Address | 3950 Franklin Avenue | Type | Residential |
| City | Los Angeles | Sq.Ft. | 1,247 Sq. Ft. |
| Postal Code | 90027 | Garage | 2 |
| County | Los Angeles | Year Built | 1947 |
| Bed / Bath | 2 / 1 | Parking | 2 |
| Built In | 1947 | Status | Closed |
| Sold Date | 2023-08-03 |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
| Has Fireplace | Yes |
| Fireplace Information | Kitchen, Living Room |
| Has Appliances | No |
| Kitchen Appliances | None |
| Kitchen Area | Area |
| Room Information | Entry, Kitchen, Living Room |
| Has Cooling | No |
| Cooling Information | None |
| InteriorFeatures Information | Open Floorplan |
| EntryLocation | front door |
| Entry Level | 1 |
| Main Level Bedrooms | 2 |
| Main Level Bathrooms | 2 |
EXTERIOR FEATURES
| FoundationDetails | Raised |
| Roof | Shingle |
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,056
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/03/2023 | Sold | $995,000 |
| 07/20/2023 | Pending | $990,000 |
| 07/06/2023 | Active Under Contract | $990,000 |
| 06/23/2023 | Listed | $990,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Henry Vega, Keller Williams Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
