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3950 Franklin Avenue

Los Angeles CA 90027

2
1
1247 sq. ft.
4227 sq. ft.
Single-Family
Currently for sale - view listing

Overview

FRANKLIN HILLS OPPORTUNITY! Public records show the property as a 2-bedroom, 1-bathroom residence. However, upon visual inspection, the property appears to consist of 3 bedrooms and 3 bathrooms, including a Junior ADU (JADU). Buyer to independently verify all bedroom and bathroom counts, square footage, permits, zoning, legality and use of the JADU with the appropriate city agencies and professionals. Bring your vision to 3950 Franklin Ave, a unique REO opportunity nestled in the highly sought-after Franklin Hills neighborhood. This property is ready for a buyer with vision to transform it into something truly special. Whether you're an investor, contractor or owner-user, this is your chance to take on a project and create value in one of Northeast LA's most desirable locations. Just steps from the iconic Shakespeare Bridge and close to Griffith Park and the world-famous Griffith Observatory, this location puts you in the heart of everything that makes Northeast LA so desirable. The property also offers views toward the Griffith Observatory, adding an incredible backdrop and sense of place. Enjoy easy access to Griffith Park for hiking, walking and exploring, while nearby Los Feliz Village and Hillhurst Avenue offer an eclectic mix of restaurants, coffee shops, boutiques and neighborhood favorites. You're also just minutes from Silver Lake, Atwater Village and Hollywood, giving you the perfect balance of peaceful residential surroundings and easy access to some of LA's most popular destinations. This is a true fixer and an exciting opportunity for an investor, contractor or owner-user ready to bring this property back to life. The property also appears to feature a Junior ADU, offering additional living space and potential flexibility for the next owner. Buyer to independently verify all information regarding the JADU, including permits, square footage, zoning, legality and use. Property is being sold strictly AS-IS, WHERE-IS. Buyer is advised to independently verify all information, including bedroom and bathroom count, square footage, property condition, zoning, permits, JADU status, legality, use and development potential, with the appropriate professionals and governmental agencies.

Features

2 bedrooms
1 bathroom
1247 sq. ft. floor area
4227 sq. ft. lot size
Single-Family

Property history for 3950 Franklin Avenue

2023
Sold
$995,000
03 Aug 2023 by Henry Vega, of Keller Williams Realty
2021
Sold
$920,000
16 Mar 2021 by Joe Mahseregyan, of Coldwell Banker Realty - Glendale

Happy sellers in Los Angeles

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Local market activity for 2 bedroom single-family properties in Los Angeles

In the last 12 months, 16 two-bedroom single-family properties similar to 3950 Franklin Avenue, have been sold.

This represents a 20% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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