Search
5231 Franklin Ave, Los Angeles, CA 90027
Image 2 for 5231 Franklin Ave, Los Angeles, CA 90027
Image 3 for 5231 Franklin Ave, Los Angeles, CA 90027
View Photos

5231 Franklin Ave Los Angeles, CA 90027

$4,750,000
  • 5 Beds
  • 3.5 Baths
  • 4,743 Sq.Ft.
For Sale
$4,750,000 Get Pre-Qualified
Map preview of 5231 Franklin Ave, Los Angeles, CA 90027

Property Overview: 5231 Franklin Ave Los Angeles, CA has 5 bedrooms, 3.5 bathrooms, 4,743 living square feet and 23,530 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Victoria Massengale | BRE #01397097 | Compass
Co-listed by Michael Maguire | BRE #01762981 | Compass
Last checked: 14 minutes ago | Last updated: July 14th, 2023 | Source CRMLS | DOM: 272
Get a $17,813 Cash Reward New

Buy this home with Ardent Real Estate Group and get $17,813 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
23,530
HOA Dues
$0/mo
Year built
1921
Garage
3 Car
Property Type:
Single Family Home
Status
Active
MLS#
23288003
City
Los Angeles
County
Los Angeles
Time on Site
300 days

Open Houses for 5231 Franklin Ave

No upcoming open houses

Schedule Tour

Property Details for 5231 Franklin Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Wood
  • Center Hall, Family Room, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle, Tile
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • Pool Features: In Ground
  • Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Garage - Three Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5589005007
  • Architectural Style: Mediterranean
  • Has Additional Parcels
  • Property Condition: Repairs Major
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North side of Franklin, East of Western.
View more facts & features

Local Los Angeles Agent

Sale History for 5231 Franklin Ave

Last sold on November 21st, 2000

  • July, 2023

  • Jul 6, 2023

    Date

    Active

    CRMLS: 23288003

    $4,750,000

    Price

  • May, 2023

  • May 30, 2023

    Date

    Expired

    CRMLS: 22221547

    $4,750,000

    Price

  • Dec 1, 2022

    Date

    Active

    CRMLS: 22221547

    $4,750,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 2000

  • Nov 21, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 1975

  • Jun 13, 1975

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5231 Franklin Ave

Assessed Value (2020): $184,340
Year Land Value Improved Value Assessed Value
2020 $79,094 $105,246 $184,340

Home Value Compared to the Market

This property vs the competition

5231 Franklin Ave is listed 287.76% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $1001.48 per/sqft which puts the price per square foot 29.39% higher than the median price per square foot for the city of Los Angeles.

About 5231 Franklin Ave

Detailed summary of property

5231 Franklin Ave is a single family home located in Los Angeles, CA 90027 and is currently for sale. This house offers 5 bedrooms, 3.5 bathrooms, roughly 4,743 living square feet, and sits on an approximately 23,530 square foot lot. 5231 Franklin Ave was first listed on ArdentRealEstateGroup.com on July 7, 2023. The homeowner is currently asking $4,750,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 287.76% higher than the median priced home. Local competing homes currently for sale include 4119 Dundee Dr, 3206 Deronda Dr and 6422 Weidlake Dr. While the average home in Los Angeles, CA is selling in 96 days, 5231 Franklin Ave has a days on market of 272 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 5231 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 5231 Franklin Ave

Public county record property details
Beds
5
Baths
3
Year built
1921
Sq. Ft.
3,480
Lot Size
18,645
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
29
APN
5589-005-007

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
$2,450,000
Median List Price/Sq.Ft.
$989
Median Sold Price
$1,900,000
Median Sold Price/Sq.Ft.
$885
Total Inventory
83
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%)

Tour This Home

Buy with Ardent Real Estate Group and save $17,813.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $17,813 Cash Reward New

Buy this home with Ardent Real Estate Group and get $17,813 back.

Call/Text (714) 706-1823

Homes for Sale Near 5231 Franklin Ave

Nearby Homes for Sale

2020 N Serrano Ave, Los Angeles, CA 90027
$5,395,000
4 Beds
4 Baths
4335 Sq.Ft.
2020 N Serrano Ave
Los Angeles, CA 90027
5698 Holly Oak Dr, Los Angeles, CA 90068
$4,295,000
5 Beds
4 Baths
3986 Sq.Ft.
5698 Holly Oak Dr
Los Angeles, CA 90068
4818 Bonvue Ave, Los Angeles, CA 90027
$4,495,000
4 Beds
4 Baths
4200 Sq.Ft.
4818 Bonvue Ave
Los Angeles, CA 90027
5770 Valley Oak Dr, Los Angeles, CA 90068
$4,750,000
4 Beds
4 Baths
6366 Sq.Ft.
5770 Valley Oak Dr
Los Angeles, CA 90068
2521 Park Oak Dr, Los Angeles, CA 90068
$4,999,000
4 Beds
5 Baths
4220 Sq.Ft.
2521 Park Oak Dr
Los Angeles, CA 90068
5524 Green Oak Dr, Los Angeles, CA 90068
$3,987,000
3 Beds
3 Baths
3000 Sq.Ft.
5524 Green Oak Dr
Los Angeles, CA 90068
5538 Green Oak Dr, Los Angeles, CA 90068
$4,250,000
4 Beds
4 Baths
3955 Sq.Ft.
5538 Green Oak Dr
Los Angeles, CA 90068
4130 Parva Ave, Los Angeles, CA 90027
$4,850,000
5 Beds
5 Baths
5492 Sq.Ft.
4130 Parva Ave
Los Angeles, CA 90027

Recently Sold Homes Near 5231 Franklin Ave

1933 Laughlin Park Dr, Los Angeles, CA 90027
$3,190,000 Last Sold Price
4 Beds
4 Baths
3054 Sq.Ft.
1933 Laughlin Park Dr
Los Angeles, CA 90027
1943 Laughlin Park Dr, Los Angeles, CA 90027
$2,594,500 Last Sold Price
4 Beds
3 Baths
2329 Sq.Ft.
1943 Laughlin Park Dr
Los Angeles, CA 90027
5163 Franklin Ave, Los Angeles, CA 90027
$1,729,000 Last Sold Price
4 Beds
3 Baths
2762 Sq.Ft.
5163 Franklin Ave
Los Angeles, CA 90027
5321 Franklin Ave, Los Angeles, CA 90027
$2,500,000 Last Sold Price
4 Beds
3 Baths
3510 Sq.Ft.
5321 Franklin Ave
Los Angeles, CA 90027

Related Resources to 5231 Franklin Ave

New Listings in 90027
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Call