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8692 Franklin Ave, Los Angeles, CA 90069
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8692 Franklin Ave Los Angeles, CA 90069

$1,498,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$1,498,000 Get Pre-Qualified
Map preview of 8692 Franklin Ave, Los Angeles, CA 90069

Property Overview: 8692 Franklin Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 5,988 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: Perched above the iconic Sunset Strip in the prestigious Hollywood Hills, this expansive 5,986 square foot vacant lot offers a rare opportunity to construct a custom architectural masterpiece. With panoramic views of West Hollywood, this prime location combines the allure of luxury living with the privacy and exclusivity desired by those looking to craft their dream home in one of Los Angeles' most sought-after neighborhoods. This generous parcel of land provides ample space for a size-able residence alongside potential outdoor amenities such as a pool, terraced gardens, and expansive decks designed to showcase the stunning vistas. The lot's conducive topography and dimensions invite innovative architectural designs, allowing for a residence that not only harmonizes with its natural surroundings but also maximizes the potential for natural light and breathtaking cityscape panoramas. Nestled in a serene enclave of the Hollywood Hills, this property promises a secluded retreat from the city's hustle while maintaining close proximity to luxury dining, entertainment, and shopping destinations. It represents an exceptional investment opportunity, with vacant lots in this area being a rarity. This is more than just a piece of land; it's a blank canvas awaiting an architectural vision, offering the chance to create a bespoke residence that encapsulates personal style and sophistication in Los Angeles' most glamorous neighborhood.

Listed by Mark MacFarlane | BRE #01795440 | Vimvi California
Co-listed by Justin Fautsch | BRE #02081966 | Vimvi California
Last checked: 8 minutes ago | Last updated: March 22nd, 2024 | Source CRMLS | DOM: 28
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Home details

Lot Sq. Ft
5,988
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
P1-16951
City
Los Angeles
County
Los Angeles
Time on Site
36 days

Open Houses for 8692 Franklin Ave

No upcoming open houses

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Property Details for 8692 Franklin Ave

Exterior Features
Exterior Information
  • Has Fence
  • Chain Link
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Sloped Down, Sprinklers None, Value In Land, Steep Slope
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Panoramic
  • Parcel Number: 5558019011
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Water Available, Sewer Available, Phone Available, Natural Gas Available, Electricity Available
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: From Sunset Blvd/La Cienega BlvdHead East 500ft on SunsetTurn left on Queens RdTake Queens Rd to Franklin AveTurn Left on Franklin AveLot is on the Left between 8690 & 8698Across from 8693
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Foothills
View more facts & features

Local Los Angeles Agent

Sale History for 8692 Franklin Ave

Last sold on May 24th, 2019

  • March, 2024

  • Mar 22, 2024

    Date

    Active

    CRMLS: P1-16951

    $1,498,000

    Price

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: 23272091

    $1,950,000

    Price

  • May 18, 2023

    Date

    Active

    CRMLS: 23272091

    $1,950,000

    Price

  • Listing provided courtesy of CRMLS

    Close to receiving full approval, this architectural home by Amit Apel encompasses 3,215 square feet of beautifully designed living space, perfectly situated to offer breathtaking views of Sunset Plaza. This design seamlessly blends modern aesthetics with functionality, creating a luxurious and comfortable living environment.Imagine approaching the completed home, you're greeted by an impressive facade that combines sleek lines, expansive windows, and a harmonious blend of materials. The exterior features a combination of stone, glass, and wood, creating a contemporary yet inviting atmosphere.Upon entering the residence, you step into a spacious foyer with high ceilings and abundant natural light, setting the tone for the open and airy design throughout the home. The interior spaces are meticulously designed, with attention to detail evident in every corner.The main living area boasts an open floor plan, seamlessly connecting the living room, dining area, and kitchen. Large floor-to-ceiling windows frame the stunning views of Sunset Plaza, allowing natural light to flood the space and creating a seamless connection between the indoors and outdoors. The living room features a modern fireplace, creating a focal point and cozy ambiance during cooler evenings.The gourmet kitchen is a chef's dream, equipped with top-of-the-line appliances, ample counter space, and custom cabinetry. It's designed to be both functional and aesthetically pleasing, with a center island that serves as a gathering spot for casual meals or entertaining guests.The residence offers four well-appointed bedrooms plus four baths, including a luxurious master suite. The master bedroom is a private sanctuary, complete with a spacious layout, large windows, and a private balcony where you can enjoy the panoramic views. The master bathroom exudes elegance, featuring a soaking tub, a walk-in shower, and contemporary fixtures.Within the residence, a sleek and convenient elevator is seamlessly integrated, providing easy access to all levels of the home. This feature adds an element of luxury and accessibility, ensuring that moving between floors is effortless and convenient.Other notable features of the home include a media room, a home office, and a fitness area, providing spaces for relaxation, work, and exercise. The outdoor area features expansive decks, and a swimming pool, all designed to take full advantage of the stunning views and provide an ideal setting for entertaining or simply unwinding.

  • May, 2019

  • May 24, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2018

  • May 25, 2018

    Date

    Sold

    CRMLS: 17251006

    $1,500,000

    Price

  • Feb 10, 2018

    Date

    Active Under Contract

    CRMLS: 17251006

    $1,650,000

    Price

  • Jul 13, 2017

    Date

    Active

    CRMLS: 17251006

    $1,650,000

    Price

  • Listing provided courtesy of CRMLS

    Best priced, fully permitted and shovel ready property in the Hollywood Hills. 4100 sf 4 bed 5 bath home. A beautiful unobstructed property with an LA city lights view. Just minutes to the newly developed Sunset Strip and to the city's best dining and nightlife.

  • May, 2018

  • May 23, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,500,000

    Price

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Tax History for 8692 Franklin Ave

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $1,560,600 -- --

Home Value Compared to the Market

This property vs the competition

8692 Franklin Ave is listed 21.2% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000.

About 8692 Franklin Ave

Detailed summary of property

8692 Franklin Ave is a land located in Los Angeles, CA 90069 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 5,988 square foot lot. 8692 Franklin Ave was first listed on ArdentRealEstateGroup.com on March 22, 2024. The homeowner is currently asking $1,498,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 21.2% higher than the median priced home. Local competing homes currently for sale include 6212 Banner Ave, 2000 Clyde Ave and 1883 S Cochran Ave. While the average home in Los Angeles, CA is selling in 96 days, 8692 Franklin Ave has a days on market of 28 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 8692 Franklin Ave Los Angeles, CA 90069 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8692 Franklin Ave

Public county record property details
Beds
1
Baths
2
Year built
1952
Sq. Ft.
924
Lot Size
5,985
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5558-019-011

The source for these homes facts are from public records.

90069 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,095,000
Median List Price/Sq.Ft.
$1,094
Median Sold Price
$1,400,000
Median Sold Price/Sq.Ft.
$854
Total Inventory
273
Median Sale to List Price %
100.07%
Avg Days on Market
55
Loan Type
Conventional (3.23%), FHA (0%), VA (0%), Cash (16.13%), Other (9.68%)

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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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