
Los Angeles, California 90027
This property represents a High-Potential Investment Opportunity, listed at $1,300,000—positioned above the $1,210,408 Fair Market Value. While currently priced at a premium, the residence offers significant long-term upside through expansion, supported by its 1950 construction and 4/10 Condition Rating. Featuring a 533 sq. ft. deck and canyon views, the home provides a rare canvas for value-add renovations in a prestigious enclave. Proximity to top-rated schools like John Marshall Senior High enhances its appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2050 Sanborn Subject | $1,300,000* List Price | 2 | 1 | 1,254 | $965 | - |
A 3907 Franklin Avenue Sold | $1,335,000 | 2 | 2 | 1,300 | $1,027 | 0.1 mi |
B 1948 Monon St. Sold | $1,257,500 | 2 | 1 | 1,402 | $897 | 0.1 mi |
C 4116 Camero Avenue Sold | $1,530,000 | 2 | 2 | 1,342 | $1,140 | 0.3 mi |
D 2067 Mayview Drive Sold | $1,050,000 | 2 | 2 | 1,188 | $884 | 0.4 mi |
E 3940 Prospect Avenue Active | $1,299,000 List Price | 2 | 1 | 1,017 | $1,277 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950 (74 years old), the property appears well-maintained externally; however, the listing's emphasis on 'future potential,' 'expansion potential,' and 'upside' strongly suggests that the kitchen, bathrooms, and core systems are dated (likely 20+ years old) and require modernization.
Situated at the end of a quiet cul-de-sac in the prestigious Franklin Hills enclave, this property offers exceptional privacy and a serene hillside setting with canyon and city light views.
The home features a massive 533 sq. ft. front deck, terraced gardens, and a rare level lawn, providing premier spaces for outdoor entertaining and nature-filled relaxation.
With neighboring properties expanded to much larger footprints, this residence offers a distinct opportunity for future expansion and long-term value appreciation in a high-demand neighborhood.
The current 2-bedroom, 1-bathroom configuration may be restrictive for growing families or buyers seeking more functional space at a $1.3M price point.
The terraced hillside lot, while scenic, may present challenges for accessibility and requires ongoing maintenance of the layered outdoor areas and mature landscaping.
Positioned at the end of a quiet Franklin Hills cul-de-sac, this 2-bedroom, 1-bath 1950 residence offers a rare blend of privacy, outdoor living, and future potential. Set among mature trees and lush hillside surroundings, the property features expansive entertaining spaces, including a 533 sq. ft. front deck, terraced gardens, and a generous level lawn. Over 25 rose bushes and layered outdoor areas create a serene, nature-filled retreat. Beyond its immediate charm, the home offers exceptional expansion potential, with neighboring properties expanded to significantly larger footprints. A distinctive opportunity in one of Los Angeles’ most desirable hillside enclaves, combining character, space, and long-term upside.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,254 | 1,672 |
| Lot Size | 5,272 | 6,067 |
| Price | $1.30M | $1.37M |
| Price per sq ft | $1.0K | $801 |
| Built year | 1950 | 1939 |
| HOA | $0 | $348 |
| Days on market | 2 | 56 |
Jul 20, 2026
$1,300,000
Initial Listing
Dec 28, 2004
$750,000
Public Record
Apr 6, 2000
$275,000
Public Record