5231 Franklin Ave Los Angeles CA MLS #23-288003

5231 Franklin Ave
Los Angeles, CA,
$4,750,000
5 Beds
4 Baths
4,743 SqFt
0.43 Acres
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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.

Property Details

Price:
$4,750,000
MLS #:
23-288003
Status:
Active
Beds:
5
Baths:
4
Address:
5231 Franklin Ave
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
losfeliz
City:
Los Angeles
Listed Date:
Jul 6, 2023
State:
CA
Finished Sq Ft:
4,743
Lot Size:
23,530 sqft / 0.43 acres (approx)
Year Built:
1921
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Schools

Interior

Cooling
None
Dining Room
1
Eating Areas
Breakfast Room, Formal Dining Rm
Flooring
Mixed, Hardwood
Heating
Forced Air
Laundry
Inside

Exterior

Building Type
Detached
Common Walls
Detached/ No Common Walls
Lot Description
2-4 Lots
Other Structures
None
Parking Garage
Garage – 3 Car
Patio Features
Porch
Pool Description
In Ground
Roof
Shingle, Tile
Spa
None
Style
Mediterranean

Financial

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5231 Franklin Ave
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