3950 Franklin AVE, Los Angeles, CA 90027
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3950 Franklin AVE, Los Angeles, CA 90027
3950 Franklin AVE, Los Angeles, CA 90027
3950 Franklin AVE, Los Angeles, CA 90027
3950 Franklin AVE, Los Angeles, CA 90027
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3950 Franklin AVE Los Angeles, CA 90027

2 Beds

1 Bath

1,247 SqFt


UPDATED:

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


CRMLS Full IDX Feed (MAIN Website Search)
Listed by Randy Merino Premier Properties #01821057

NEARBY SCHOOLS & PROPERTIES

Federico Filippi

Federico Filippi

Realtor CA DRE# 01493503

+1(661) 904-4223

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3950 Franklin AVE