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

Listed by Compass
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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 0.5402.

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

0.5402

Year Built

1921

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23288003

Days on Market

301

Features
General
Interior Features CeilingFans
Sewer Other
Heating ForcedAir
Cooling None
Possession CloseOfEscrow
Roof Shingle Tile
Appliances Dishwasher Refrigerator
Zoning LARE9
Garage Spaces 3.0
Patio/Porch Features Porch
Architectural Style Mediterranean
Pool Features InGround
Year Built 1921
View None
Stories 2
Levels Two
Property SubType SingleFamilyResidence
County Los Angeles
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Facing Direction South
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions North side of Franklin East of Western.
City Los Angeles
Entry Location Main Level
View Y/N N
Senior Community Y/N N
MLS Area 637 - Los Feliz
Lot Size Square Feet 23530.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Franklin
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition RepairsMajor
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 8
Standard Status Active
Occupancy Description Owner
Property Sub Type Additional SingleFamilyResidence
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Interior
Flooring Wood
Furnished Y/N Unfurnished
Fireplace Features Decorative
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Full Baths 3
Half Baths 1
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Laundry Features Inside
Total Bedrooms 5
Electric On Property Y/N N
Total Baths 4
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Exterior
Parking Features DoorMulti Garage
Water Source Public
Total Parking 5.0
Lot Size Area 23530.0
Spa N
Building Area Total 4743.0
Lot Dimensions 104x180
Lot Size Acres 0.5402
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5231
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* Excluded Features
List By
Compass

Broker

(323) 640-2924

Phone

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
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 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 0.5402. 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