Price Reduced Listing
4211 Franklin Avenue,Los Angeles, CA 90027
Los Angeles, CA 90027
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.
Details
| MLS # | 26652037 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 211 |
| Listing Provided By | Coldwell Banker Realty | Joseph Fouad |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,195 |
| Story(s) | 3 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LAR1 |
| Acreage | 0.14 |
| Property View | Yes |
Interior
| Cooling | Heat Pump, Wall Window Units |
|---|---|
| Heating | Heat Pump |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Disposal, Gas Oven, Microwave, Oven, Range, Refrigerator, Range Hood, Vented Exhaust Fan |
Exterior
| Roof | Tar Gravel |
|---|---|
| Security Features | Carbon Monoxide Detectors, Gated Community, Smoke Detectors |
| Lot Features | Back Yard, Lawn, Landscaped, Yard |
Utilities
| Utilities | Overhead Utilities |
|---|---|
| Sewer | Other |
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90027 |
| Area | 637 Los Feliz |
| Listing VS Median (in 90027) | |
Price: $1,995,000 low | high Med: $1,195,000 sqft: 3,195 low | high Med: 1,800 $ / sqft: $624 low | high Med: $664 On site: 211 low | high Med: 89 | |
Market Activity 90027
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90027 |
| Area | 637 Los Feliz |
| Listing VS Median (in 90027) | |
Price: $1,995,000 low | high Med: $1,195,000 sqft: 3,195 low | high Med: 1,800 $ / sqft: $624 low | high Med: $664 On site: 211 low | high Med: 89 | |
