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4612 Franklin Ave, Los Angeles, CA 90027
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4612 Franklin Ave Los Angeles, CA 90027

$985,000 Sold Price as of 04/05/2023
  • 2 Beds
  • 1 Baths
  • 1,525 Sq.Ft.
Sold
$985,000 Sold Price as of 04/05/2023 Refinance Your Mortgage
Map preview of 4612 Franklin Ave, Los Angeles, CA 90027

Property Overview: 4612 Franklin Ave Los Angeles, CA has 2 bedrooms, 1 bathrooms, 1,525 living square feet and 6,755 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BIG POTENTIAL to Remodel existing Cape Cod style home in the prime area of Los Feliz- and add rental units in the back as well (buyer to verify.) Second option is to convert existing SFR into a Duplex , and add additional units in the back for a total of Four rental units ( buyer to verify.) Property being sold "AS IS ."

Listed by Michael Kafaei | BRE #01373161 | Keller Williams Beverly Hills
Last checked: 14 minutes ago | Last updated: April 7th, 2023 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
6,755
HOA Dues
$0/mo
Year built
1906
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
23241597
City
Los Angeles
County
Los Angeles
Time on Site
435 days

Property Details for 4612 Franklin Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • Has Spa
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • No
  • Parking Features: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5590015017
  • Architectural Style: Cape Cod
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: East of Vermont, West of Hillhurst on Franklin.
View more facts & features

Local Los Angeles Agent

Sale History for 4612 Franklin Ave

Last sold for $985,000 on April 5th, 2023

  • April, 2023

  • Apr 5, 2023

    Date

    Sold

    CRMLS: 23241739

    $985,000

    Price

  • Feb 14, 2023

    Date

    Active

    CRMLS: 23241739

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    Property priced at land value. Great potential to build up to 4 rental units in the prime area of Los Feliz. Property being sold "AS IS ." - Opportunity to convert SFR into a Duplex and Build 2 Additional 2 story ADU Structures in the back for optimum income potential- Buyer to verify.

  • April, 2023

  • Apr 5, 2023

    Date

    Sold

    CRMLS: 23241597

    $985,000

    Price

  • Feb 14, 2023

    Date

    Active

    CRMLS: 23241597

    $1,295,000

    Price

  • September, 2021

  • Sep 24, 2021

    Date

    Pending

    CRMLS: 21760924

    $1,190,000

    Price

  • Aug 13, 2021

    Date

    Active

    CRMLS: 21760924

    $1,190,000

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location!!! Investers Dream with much potential FIXER UPPER OR DEVELOPMENT OPPERTUNITY IN THE HIGHLY SOUGHT AFTERFRANKLIN BLVD OF LOS FELIZ. PERFACT OPPERTUTNTY TO BUILD YOUR DREAM HOME. BUYER ACKNOWLEDGES PROPERTY IS Tenant Occupied. An incredible opportunity to maximize the potential of this home and lot. This Property is a development deal for a builder to add a square feet or add a unit. Two bedrooms and one full bathroom downstairs. An attic space which currently has an unpermitted finished bathroom. Located next to the Hillhurst Avenue's hip restaurants and shops. Also in close proximity to Griffith Park and the Greek Threatre. Zoned R2 and in the high Opportunity Zones that many investors interested in Los Angeles. Property sold as-is condition. CURRENTLY PROPERTY HAS A CITATION FROM CITY OF L.A

  • November, 2020

  • Nov 23, 2020

    Date

    Canceled

    CRMLS: 20654398

    $1,100,000

    Price

  • Nov 2, 2020

    Date

    Active

    CRMLS: 20654398

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location!!! Currently tenant occupied

  • September, 2019

  • Sep 30, 2019

    Date

    Sold

    CRMLS: 19463558

    $830,000

    Price

  • Jun 27, 2019

    Date

    Active Under Contract

    CRMLS: 19463558

    $899,000

    Price

  • May 17, 2019

    Date

    Active

    CRMLS: 19463558

    $899,000

    Price

  • Listing provided courtesy of CRMLS

    Tenant occupied incredible opportunity to maximize the potential of this home and lot. Zoned R2, buyer to realize the ultimate potential of this property. Unpermitted addition which appears to be early 1900s. Three bedrooms and two bathrooms downstairs. Upstairs is attic space which currently has unpermitted finished rooms and bathroom. Located in-between Hillhurst and Vermont, in close proximity to Griffith Park & the Greek Theatre, creating convenience to local area restaurants, shops, cafés, movie theatre & nightlife.

  • September, 2019

  • Sep 26, 2019

    Date

    Sold (Public Records)

    Public Records

    $830,000

    Price

Show More

Tax History for 4612 Franklin Ave

Assessed Value (2020): $830,000
Year Land Value Improved Value Assessed Value
2020 $750,000 $80,000 $830,000

Home Value Compared to the Market

This property vs the competition

4612 Franklin Ave sold on April 5, 2023 for 23.33% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $849.18 per/sqft which puts the price per square foot 15.07% higher than the current median sale per square foot for the city of Los Angeles.

About 4612 Franklin Ave

Detailed summary of property

4612 Franklin Ave is a single family home that recently sold in Los Angeles, CA 90027. This house offered 2 bedrooms, 1 bathrooms, roughly 1,525 living square feet, and sits on an approximately 6,755 square foot lot. 4612 Franklin Ave was first listed on ArdentRealEstateGroup.com on February 14, 2023. The homeowner sold the property for $985,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 23.33% higher than the current median priced home. Local homes that are currently for sale include 1130-1132 N Ardmore Ave, 2018 Griffith Park Blvd #109 and 5347 Fountain Ave. While the average home in Los Angeles, CA is selling in 97 days, 4612 Franklin Ave has a days on market of 29 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 4612 Franklin Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4612 Franklin Ave

Public county record property details
Beds
2
Baths
1
Year built
1906
Sq. Ft.
1,525
Lot Size
6,754
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
40
APN
5590-015-017

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,399,000
Median List Price/Sq.Ft.
$989
Median Sold Price
$1,900,000
Median Sold Price/Sq.Ft.
$885
Total Inventory
82
Median Sale to List Price %
102.7%
Avg Days on Market
24
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (12.5%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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