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Listing Agent: Victoria Massengale CalDRE: 01397097 - Compass
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

5231 Franklin Avenue,  Los Angeles CA, 90027

(Active)
$4,750,000
|
5 beds, 3 Full/1 Half baths, 4,743 sqft
|
MLS# 23288003

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Last Updated: 5/18/2024 6:48 PM
Description for 5231 Franklin Avenue Los Angeles, CA 90027
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.
Price
$4,750,000
Los Angeles
5
3 Full/1 Half
4,743 (approx)
23288003
Active
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.
Listing Information
Property Type: Single Family, Mediterranean, 2 Story
5 3 Full/1 Half
0.54 Acres Assessor 4,743 (approx)
1921 Yes-3 spaces 2
Public
Other
Neighborhood
Room Information
Bathrooms
3 1
Total: 5
Inside
Interior Features
Dishwasher,Refrigerator
Wood
None
Other, Forced Air
No Common Walls
Main Level
Decorative
Ceiling Fan(s)
Exterior / Lot Features
3 Garage Spaces, 5 Parking Spaces, 0 Covered Parking Spaces, Door-Multi,Garage
Porch
Tile, Shingle
In Ground
None
104x180
LARE9
Repairs Major
Driving Directions
North side of Franklin, East of Western.
Financial Considerations
5589005007
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90027 has a population of 3,956,168.

The median household income in Los Angeles, California 90027 is $73,214. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90027 is 38 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
7/6/2023 Active $4,750,000  USD  MLS info
Tax History (Sourced from Public Records)
year Property Taxes Change Tax Assessment Change
2023 $3,015   USD 4.07% $193,772   USD 2.00%
2022 $2,897   USD 1.83% $189,973   USD 2.00%
2021 $2,845   USD -0.66% $186,249   USD -
2020 $2,864   USD 3.28% $186,249   USD 1.04%
2019 $2,773   USD 8.07% $184,340   USD 2.00%
Listing Agent: Victoria Massengale CalDRE: 01397097 - Compass
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/18/2024 6:48 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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