
Los Angeles, California 90027
This Stunning Modern Contemporary is a Strong Value Opportunity, listed at $1,599,000—positioned well below the $1,723,623 Fair Market Value by 7%. This valuation gap offers $124,623 in Instant Equity. Featuring a renovated kitchen with granite countertops, Carrara marble bathrooms, and a 347 sqft bonus room, the home maintains an Excellent Condition Rating. Located in the prestigious Franklin Hills near top-rated Ivanhoe Elementary, this property is ideal for discerning professionals or owner-occupants seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2251 Lyric Avenue Subject | $1,599,000* List Price | 3 | 2 | 1,547 | $1,130 | - |
A 3991 Prospect Avenue Sold | $1,810,000 | 3 | 3 | 1,469 | $1,232 | 0.2 mi |
B 3907 Franklin Avenue Sold | $1,335,000 | 2 | 2 | 1,300 | $1,027 | 0.2 mi |
C 3711 Monon Street Sold | $1,795,000 | 3 | 2 | 1,417 | $1,267 | 0.6 mi |
D 3926 Sunset Drive Sold | $2,000,000 | 4 | 3 | 1,601 | $1,249 | 0.4 mi |
E 4116 Camero Avenue Sold | $1,530,000 | 2 | 2 | 1,342 | $1,140 | 0.4 mi |
F 2255 Talmadge Sold | $1,800,000 | 2 | 2 | 1,438 | $1,252 | 0.7 mi |
G 3906 Tracy Street Sold | $1,988,000 | 3 | 3 | 1,947 | $1,021 | 0.4 mi |
H 4022 Prospect Avenue Sold | $1,820,000 | 2 | 2 | 2,090 | $871 | 0.3 mi |
I 3822 Clayton Avenue Active | $1,590,000 List Price | 4 | 3 | 1,568 | $1,014 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1965, the property has undergone a comprehensive high-end renovation within the last 5 years. It features a modern kitchen with granite countertops and stainless steel appliances, spa-like bathrooms with Carrara marble, and updated systems including a tankless water heater, central HVAC with Nest, and Lutron smart lighting.
Elementary School: Ivanhoe Elementary School (9/10).
Situated in the highly sought-after Franklin Hills section of Los Feliz, the property offers exceptional proximity to top-rated schools like Ivanhoe Elementary and the vibrant dining scenes of Silver Lake and Sunset Junction.
The inclusion of a 347-square-foot bonus room with a separate entrance provides significant added value, serving as a perfect footprint for a professional home office, gym, or creative studio.
The property offers a two-car carport rather than a fully enclosed garage, which may be a concern for buyers prioritizing vehicle security or additional enclosed storage space.
At 1,547 square feet of permitted living space, the home may feel relatively small for the $1.599M price point, potentially limiting its appeal to larger families.
A modern contemporary view residence located in the Franklin Hills section of Los Feliz. The main living areas featurean open layout living room with elevated beamed ceilings, plank oak hardwood floors, metal and glass railings and recessed lighting. Adjacent to this space is a dining room situated in an alcove featuring a modern metal chandelier, which leads to a fully updated kitchen equipped with extensive cabinetry, granite countertops, a glass tiled backsplash, stainless steel appliances, and a wine refrigerator. The home's bedrooms and bathrooms are thoughtfully designed, starting with a primary bedroom that offers views of the Silver Lake hills, open beamed ceilings,and sliding glass doors leading to the patio. The second bedroom provides direct access to the same patio, while a third bedroom at the rear of the property features glass sliding doors opening to a large deck overlooking the backyard. The residence includes a 3/4 bathroom with a rainfall shower on the main level and a spa- like upper level bathroom finished with Carrara marble tiles, a soaking tub and a bidet. Additional features include a 347- square foot street-level bonus room with a separate entrance, ideal for a home office or gym, not included in square footage. The outdoor space is comprised of an expansive entertainer's patio with a covered dining area and a large upper deck. Modern amenities throughout the home include central heating and air conditioning with a nest system, double paned windows, Lutron programmable lighting, a tankless water heater, a Ring doorbell camera, a two vehicle carport and a main level laundry closet. The property is conveniently located near Gelson's, Trader Joe's and Tomato Pie. It is also within close proximity to Griffith Park, Sunset Junction and various dining options along Silver Lake, Vermont and Hillhurst. Please let me know if you would like to schedule a viewing or if you require any further information.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-6 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,547 | 1,664.159 |
| Lot Size | 5,718 | 6,066.556 |
| Price | $1.60M | $1.35M |
| Price per sq ft | $1.0K | $806 |
| Built year | 1965 | 1939 |
| HOA | $0 | $278 |
| Days on market | 35 | 55 |
Aug 5, 2026
$1,599,000
Initial Listing
Jun 9, 2025
$1,619,000
Public Record
Oct 28, 2021
$1,410,000
Public Record
Sep 17, 2019
$1,300,000
Public Record
Jul 12, 2018
$825,000
Public Record
Jul 14, 1999
$316,000
Public Record