5231 Franklin Avenue Los Angeles, CA $ 4,750,000
5231 Franklin Avenue
$ 4,750,000
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5231 Franklin Avenue

Los Angeles, CA, 90027
$ 4,750,000
Bedrooms5 Baths3.1 Sq 4,743

Monthly Estimate*

$ 33,180

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Single Family Home for sale in Los Angeles, CA

for $4,750,000 with 5 bedrooms and 3 full baths, 1 half bath. This 4,743 square foot home was built in 1921 on a lot size of 0.54.

Step into the prestigious Laughlin Park neighborhood and discover a hidden gem awaiting its revival. The highly coveted 5231 Franklin is now available for the first time in almost five decades, offering five bedrooms, four bathrooms, and an impressively large lot that exudes potential. Elevated above the street and shrouded by trees, this once-grand home boasts the timeless charm and sophistication of its era. The entrance welcomes you with a classic pathway and a gate that opens to the famous Laughlin Park - a serene oasis in the heart of the bustling city. However, this property requires an inspired buyer with an eye for design and a passion for renovation. The interior is a blank canvas, waiting to be transformed into a breathtaking masterpiece. Every room needs work, and the home is in need of a complete overhaul. But the reward is great: the chance to create your own vision and restore this residence to its former glory. The potential is endless, limited only by your imagination. You could create an entertainer's paradise or a tranquil retreat, all while enjoying the lush surroundings that surround the property. 5231 Franklin is the perfect opportunity for those who appreciate the magic of restoration and the rewards of patience. Take advantage of this rare opportunity and create a legacy in one of Los Angeles' most sought-after neighborhoods.

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Single Family Active

Price

$ 4,750,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Mediterranean

Lot Size

0.54

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023288003

Features
General
Interior Features Ceiling Fan(s)
Heating Forced Air
Possession Close of Escrow
Roof Shingle
Zoning LARE9
Patio/Porch Features Porch
Architectural Style Mediterranean
Pool Features Tile
3/4 Baths 0
Full Baths 3
Half Baths 1
Year Built 1921
Levels Two
Property SubType Single Family Residence
Accessibility Other
County Los Angeles
New Construction No
Property Type A
HOA / Comm Assn No
Facing Direction South
Status Active
City Los Angeles
Buyer Agent Compensation 2.50
Entry Location Main Level
View Y/N No
Senior Community Y/N No
MLS Area C22 - Los Feliz
Lot Size Square Feet 23530.0
Street Name Franklin
Spa Features In Ground
Property Condition Repairs Major
Additional Parcels Y/N Yes
Structure Type None
Standard Status Active
Occupancy Description Owner
Buyer Agent Compensation Type %
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Interior
Flooring Wood
Kitchen Appliances Dishwasher Refrigerator
Fireplace Features Decorative
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N Yes
Street Suffix Avenue
Total Bathrooms 4.0
Laundry Features Inside
Total Baths 4
Total Bedrooms 5
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Exterior
Water Source None Public
Lot Size Area 23530.0
Foundation Details None
Spa No
Pool Y/N? Yes
Building Area Total 4743.0
Lot Dimensions 104x180
Lot Size Acres 0.54
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Victoria Massengale

Listing Agent

Compass

Broker

Affordability Calculator

$33,180
Per Month
100%
0%
0%
Monthly Principal & Interest
$33,180
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/7/2023$4,750,000 Listed Price

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5231 Franklin Avenue, Los Angeles, CA, 90027 is a Single Family Home for sale at $4,750,000 with 4,743 sqft and a lot size of 0.54. 5231 Franklin Avenue has 5 bedrooms, 3.1 baths, and was built in 1921. The property's zip code is 90027 which is in Los Angeles, CA