Active

5231 Franklin Avenue

Los Angeles CA, 90027

$4,750,000


$1,001.48 per sqft

Active

5 Beds

3.5 Baths

4,743 sqft

Residential

Built in 1921

Listed by Victoria Massengale with Compass 323-593-6999

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.

23288003

MLS ID

July 6, 2023

Listed

May 9, 2024

Updated

Map

5231 Franklin Avenue
Los Angeles CA, 90027

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

3.5


Interior Features

Ceiling Fan(s)


Appliances

Dishwasher, Refrigerator


Laundry Description

Inside


Floor Description

Wood


Fireplace

Yes


Fireplace Description

Decorative


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.54 Acres


Architectual Style

Mediterranean


Roof

Shingle, Tile


Sewer

Other

Other Property Details

Area Name

637 - Los Feliz


Days on Market

8


Garage

Yes


Garage Spaces

3


Parking

Door-Multi, Garage


Parking Total

5


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

Yes


Pool Features

In Ground


Zoning

LARE9


Buyer Agency Compensation

2.5%

Listing Contact: 323-593-6999 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 12:03 PM UTC

 

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