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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,095,000

Est. payment | -/mo

5 Beds

4 Baths

3,195 SqFt

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$ 2,095,000

Est. payment | -/mo

Save

5 Beds

4 Baths

3,195 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,195 sqft

Price per Sqft $655

MLS Listing ID 26652037

Bedrooms 5

Construction Status Additions/Alterations

HOA Y/N No

Year Built 1955

Lot Size 6,002 Sqft

Property Description

Four well-maintained units present a compelling investment opportunity in the heart of Franklin Hills, one of Los Angeles' most character-rich and centrally located neighborhoods. The property includes a 1955-built triplex and an attached studio ADU constructed in 2022, delivered vacant at close of escrow, offering flexibility for an owner-user or rental income. Owned and carefully maintained by the same family for 35 years, the building reflects thoughtful stewardship and enduring quality. The main structure showcases classic Mid-Century design with clean lines, functional layout, horizontal balcony lines, and integrated garages typical of post-war LA construction. Two units feature private balconies with elevated city views. Three units have hardwood floors, and all units feature updated plumbing and individual tankless water heaters. Separate electrical and gas meters, garage, and additional off-street parking enhance operational efficiency and convenience. Franklin Hills offers easy access to neighborhood dining and coffee along Hillhurst Avenue including Alcove Cafe & Bakery, Little Dom's, Maru Coffee, and All Time as well as everyday conveniences like Trader Joe's and Gelson's Market. Griffith Park and the Griffith Observatory are nearby for outdoor recreation. The spacious backyard, accessible to the rear unit, was graded and includes a permitted retaining wall, providing potential for an additional ADU to increase income or property value. Agent and seller make no guarantees regarding ADU feasibility. Buyer to conduct their own due diligence. Centrally located near Hollywood and Los Feliz with convenient access to major thoroughfares, this Franklin Hills four-unit property offers a rare opportunity to own a well-located Mid-Century asset with both income and owner-user flexibility.

Location

State CA

County Los Angeles

Area 637 - Los Feliz

Zoning LAR1

Interior

Heating Heat Pump

Cooling Heat Pump, Wall/Window Unit(s)

Flooring Vinyl

Fireplace No

Appliance Disposal, Gas Oven, Microwave, Oven, Range, Refrigerator, Range Hood, Vented Exhaust Fan

Exterior

Pool None

Community Features Gated

Utilities Available Overhead Utilities

View Y/N Yes

View City Lights

Roof Type Tar/Gravel

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard, Lawn, Landscaped, Yard

Story 3

Entry Level Three Or More

Sewer Other

Architectural Style Mid-Century Modern

Level or Stories Three Or More

New Construction No

Construction Status Additions/Alterations

Others

Senior Community No

Tax ID 5591016027

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Joseph Fouad Coldwell Banker Realty #02192732

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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4211 Franklin AVE Los Angeles, CA 90027