
Los Angeles, California 90027
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,895,000—positioned well below the $1,905,450 Fair Market Value by 0.55%. This valuation gap offers $10,450 in Instant Equity for buyers. Featuring a Good Condition Rating with comprehensive infrastructure upgrades, the home includes a versatile bonus room and City Lights views. Located in the coveted Franklin Avenue Elementary district, this property is an ideal sanctuary for growing families or discerning owner-occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1865 Talmadge Street Subject | $1,895,000* List Price | 4 | 2 | 1,864 | $1,006 | - |
A 4171 Holly Knoll Drive Sold | $2,389,000 | 4 | 3 | 2,209 | $1,081 | 0.2 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 3019 Maxwell Street Sold | $2,217,777 | 3 | 2 | 1,730 | $1,282 | 0.9 mi |
E 4022 Prospect Avenue Sold | $1,820,000 | 2 | 2 | 2,090 | $871 | 0.3 mi |
F 3991 Prospect Avenue Sold | $1,810,000 | 3 | 3 | 1,469 | $1,232 | 0.4 mi |
G 3907 Franklin Avenue Sold | $1,335,000 | 2 | 2 | 1,300 | $1,027 | 0.4 mi |
H 4311 Finley Avenue Sold | $2,228,800 | 3 | 3 | 2,184 | $1,021 | 0.2 mi |
I 4325 Price Street Active | $1,997,000 List Price | 3 | 3 | 1,620 | $1,233 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a 1937 build that has undergone a comprehensive renovation of major systems, including new copper plumbing, upgraded electrical, a new roof, and central HVAC. While the kitchen and bathrooms are well-maintained and move-in ready with custom cabinetry and travertine, the specific finishes (tumbled tile countertops and cabinetry style) suggest the renovation occurred within the 10-15 year range, aligning with the 'Good' criteria for functional, well-maintained, and move-in ready homes.
Elementary School: Ivanhoe Elementary School (9/10).
Situated in the highly sought-after Franklin Hills, the property is located within the coveted Franklin Avenue Elementary school catchment, a major driver for long-term property value and family appeal.
The home features extensive high-value improvements including new copper plumbing, upgraded electrical, a new roof, and central HVAC, offering buyers peace of mind and reduced immediate maintenance costs.
For a 4-bedroom residence, the 1.75-bathroom configuration (lacking a second full tub) may be seen as insufficient for larger families or buyers expecting a higher bathroom-to-bedroom ratio at this price point.
The 5,240 square foot lot is relatively modest for a 4-bedroom home in this area, which may limit outdoor recreational space or yard utility compared to other hillside estates.
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 | 1,672 |
| Lot Size | 5,240 | 6,067 |
| Price | $1.90M | $1.37M |
| Price per sq ft | $1.0K | $801 |
| Built year | 1937 | 1939 |
| HOA | $0 | $348 |
| Days on market | 42 | 56 |
Jun 12, 2026
$1,895,000
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