Active

5231 Franklin Ave

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

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.

23-288003

MLS ID

July 6, 2023

Listed

March 18, 2024

Updated

Map

5231 Franklin Ave
Los Angeles CA, 90027

Interior Features

Total Stories

2


Bedrooms

5 Beds


Bathrooms

3.5 Baths


Appliances

Ceiling Fan, Dishwasher, Refrigerator, Range/Oven


Laundry Description

Inside


Floor Description

Mixed, Hardwood


Fireplace

Yes


Fireplace Description

Decorative


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.54 Acres


Lot Features

2-4 Lots


Architectual Style

Mediterranean


Roof

Shingle, Tile


Sewer

In Street

Other Property Details

Area Name

Los Feliz


Days on Market

8


Garage

Yes


Garage Spaces

3


Parking

Garage - 3 Car


Parking Total

5


View

No


View Description

None


County

Los Angeles


Water Source

District


Pool

Yes


Pool Features

In Ground


Zoning

LARE9

Listed by Victoria Massengale with Compass
Listing Contact: 323-640-2924 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Stephen Parisi shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/18/2024

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