50
See all 50 photos
$1,200,000
Est. payment /mo
2 Beds
1 Bath
1,247 SqFt
New
3950 Franklin AVE Los Angeles, CA 90027
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,247 sqft
Price per Sqft $962
MLS Listing ID 26940923
Bedrooms 2
Full Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1947
Lot Size 4,225 Sqft
Property Sub-Type Single Family Residence
Property Description
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.
Location
State CA
County Los Angeles
Area 637 - Los Feliz
Zoning LAR1
Interior
Heating None
Cooling None
Furnishings Unfurnished
Fireplace Yes
Laundry Inside
Exterior
Parking Features Driveway
Pool None
View Y/N Yes
Private Pool No
Building
Entry Level Multi/Split
Architectural Style See Remarks
Level or Stories Multi/Split
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 5591019023
Special Listing Condition Real Estate Owned
Listed by Randy Merino Premier Properties #01821057
NEARBY SCHOOL & BUSINESS
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