
Los Angeles, California 90027
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,699,000—positioned well below the $1,773,479 Fair Market Value by 4%. This valuation gap offers $74,479 in Instant Equity. Featuring an Excellent Condition Rating with recent system upgrades and a City Lights View, the home offers a flexible bonus space and sits within the coveted Franklin Avenue Elementary district. This is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or discerning families prioritizing top-tier school catchments.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1865 Talmadge Street Subject | $1,699,000* List Price | 4 | 2 | 1,864 | $932 | - |
A 2246 Lyric Avenue Sold | $2,100,000 | 4 | 3 | 2,120 | $991 | 0.6 mi |
B 4116 Camero Avenue Sold | $1,530,000 | 2 | 2 | 1,342 | $1,140 | 0.3 mi |
C 3906 Tracy Street Sold | $1,988,000 | 3 | 3 | 1,947 | $1,021 | 0.4 mi |
D 4022 Prospect Avenue Sold | $1,820,000 | 2 | 2 | 2,090 | $871 | 0.3 mi |
E 3907 Franklin Avenue Sold | $1,335,000 | 2 | 2 | 1,300 | $1,027 | 0.4 mi |
F 4618 Melbourne Sold | $1,570,000 | 4 | 3 | 2,304 | $681 | 0.4 mi |
G 1757 Hollyvista Avenue Sold | $2,175,000 | 3 | 4 | 2,166 | $1,004 | 0.4 mi |
H 1508 Sanborn Avenue Sold | $1,911,000 | 2 | 2 | 1,647 | $1,160 | 0.5 mi |
I 4325 Price Street Active | $1,940,000 List Price | 3 | 3 | 1,645 | $1,179 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1937, the property has undergone a comprehensive remodel that includes critical system upgrades (new roof, copper plumbing, upgraded electrical, and central HVAC). The kitchen and interior finishes, featuring tumbled tile and custom cabinetry, appear to be from a high-quality renovation approximately 10-15 years old, making it well-maintained and move-in ready.
Elementary School: Ivanhoe Elementary School (9/10).
Situated in the highly sought-after Franklin Hills, this property is located within the coveted Franklin Avenue Elementary school district, providing significant long-term value and appeal for families.
The home features extensive infrastructure improvements, including new copper plumbing, upgraded electrical, a new roof, and central HVAC, offering peace of mind and reducing immediate maintenance costs.
For a four-bedroom residence, the 1.75-bathroom configuration may be considered undersized for larger families or buyers expecting a more robust primary suite.
The 5,240-square-foot lot is relatively compact for the area and price point, which may limit outdoor recreational space or future expansion potential.
Nestled in the heart of the Franklin Hills just a stone's throw from the iconic Shakespeare Bridge this is the kind of home that stops you in your tracks and makes you question every other house you've ever seen. Welcome to 1865 Talmadge. Built in 1937, this beautifully remodeled 4-bedroom, 1.75-bath single family home hits every note. We're talking hardwood floors, travertine, custom kitchen cabinetry, tumbled tile countertops, stainless steel appliances and that's just the beginning. New copper plumbing, upgraded electrical and rewiring, new roof, central air and heat, windows, sprinkler system with timer, and fresh interior and exterior paint. There's a bonus room perfect for a home office or creative space with its own separate entrance because life in LA demands flexibility. The living room fireplace gives the place genuine soul, and the garage keeps things practical without sacrificing charm.The location here is genuinely special. Franklin Hills sits at the sweet spot between Los Feliz Village and Silver Lake walkable, characterful, and consistently one of the most sought-after pockets in the city. And for families, this home sits within the award-winning Franklin Elementary school district one of the most coveted public school catchments in all of Los Angeles. This is a neighborhood where people put down roots and don't leave.This one is move-in ready, full of integrity, and priced to move. Come see it you won't be disappointed.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.6 mi
Grades K-2 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,864 | 1,664.159 |
| Lot Size | 5,240 | 6,066.556 |
| Price | $1.70M | $1.35M |
| Price per sq ft | $911 | $806 |
| Built year | 1937 | 1939 |
| HOA | $0 | $278 |
| Days on market | 40 | 55 |
Jul 31, 2026
$1,699,000
Initial Listing
Oct 25, 2006
$854,000
Public Record
Sep 17, 2004
$750,000
Public Record
Dec 23, 2003
$630,000
Public Record
Mar 10, 2000
$285,000
Public Record