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$1,200,000

Est. payment - /mo

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2 Beds

1 Bath

1,247 SqFt

New

3950 Franklin Ave Los Angeles, CA 90027

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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

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

Style Other

Bedrooms 2

Full Baths 1

Construction Status Fixer

HOA Y/N No

Year Built 1947

Lot Size 4,227 Sqft

Acres 0.097

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 Los Feliz

Zoning LAR1

Rooms

Other Rooms None

Dining Room 0

Interior

Heating None

Cooling None

Flooring Other

Fireplaces Number 1

Fireplaces Type Other

Equipment Other

Laundry Inside, In Unit

Exterior

Parking Features Driveway

Pool None

View Y/N Yes

View Other

Building

Architectural Style Other

Level or Stories Multi/Split

Construction Status Fixer

Others

Special Listing Condition Real Estate Owned

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Premier Properties

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