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5231 Franklin Avenue

Los Angeles (City), CA 90027
  • $4,750,000
  • STATUS: Active
  • ON SITE: 114 Days
  • ID#: 22221547
UPDATED: 27 min ago
$4,750,000
  • 5
    BEDS
  • 0.54
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 4,743
    SQFT
  • $1,001
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1921
County:

School Ratings & Info

Listing Agent(s): Victoria Massengale of Compass (323-593-6999) and Michael Maguire of Compass(323-593-6999)


Description

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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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-26T23:25:29.28. 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 deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/135150393
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5231 Franklin Avenue Los Angeles (City), CA 90027

  • Price: $4,750,000
  • Status: Active
  • On Site: 114 Days
  • Updated: 27 min ago
  • ID#: 22221547
5
Beds
3
Baths
1
½ Baths
0.54
Acres
4,743
SQFT
$1,001
$/SQFT
1921
Built
Neighborhood:
637 - Los Feliz
County:
Los Angeles
Area:
637 - Los Feliz
Property Description
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.
Exterior Features

Architectural Style Mediterranean Construction Materials Stucco Direction Faces South Entry Location Ground Level W/Steps Open Parking Spaces 3 Other Structures Guest House Parking Features Door-MultiDrivewayGarage Parking Total 5 Pool Features In Ground Roof Shingle Sign On Property YN No Spa Features None Spa YN No View City Lights View YN Yes

Interior Features

Appliances Gas RangeOven Basement YN Yes Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features DecorativeLiving Room Fireplace YN Yes Flooring TileWood Furnished Unfurnished Heating Forced Air Heating YN Yes Interior Features Ceiling Fan(S)Crown MoldingWorkshop

Property Features

Additional Parcels YN Yes Association YN No Garage YN Yes Laundry Features Inside Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service New Construction YN No Possession Close Of Escrow Property Condition Fixer Property Sub Type Single Family Residence Senior Community YN No Sewer Other Special Listing Conditions Standard Zoning Lare9



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-26T23:25:29.28. 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 deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
8577 Haven Ave, Suite 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Victoria Massengale of Compass (323-593-6999) and Michael Maguire of Compass(323-593-6999)