
Los Angeles, California 90027
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $2,088,000—positioned well below the $2,221,662 Fair Market Value by 6%. This valuation gap offers $133,662 in Instant Equity. Featuring an Excellent Condition Rating with $250,000 in modern upgrades, including a quartz waterfall kitchen and spa-inspired baths, the home offers panoramic canyon and city views. Located near top-rated schools like Ivanhoe Elementary, this is an ideal acquisition for discerning professionals or owner-occupants seeking elevated, move-in ready hillside living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2389 Lyric Avenue Subject 3 bd · 3 ba · 2,492 sqft · $838 | $1,975,000* List Price | 3 | 3 | 2,492 | $838 | - |
A 2339 Lyric Avenue Sold 3 bd · 3 ba · 2,480 sqft · $988 · 0.1 mi | $2,450,000 | 3 | 3 | 2,480 | $988 | 0.1 mi |
B 1865 Talmadge Street Sold 4 bd · 2 ba · 1,864 sqft · $849 · 0.4 mi | $1,582,500 | 4 | 2 | 1,864 | $849 | 0.4 mi |
C 2441 Claremont Avenue Active 4 bd · 3 ba · 2,480 sqft · $764 · 0.1 mi | $1,895,000 List Price | 4 | 3 | 2,480 | $764 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1992, the property has undergone over $250,000 in recent high-end renovations. It features a modern kitchen with a quartz waterfall island, spa-inspired bathrooms with premium Hansgrohe fixtures, and an upgraded zoned HVAC system, placing it in mint condition.
Elementary School: Ivanhoe Elementary School (9/10).
Situated on a rare wide street in Franklin Hills, this property offers exceptional guest parking and ease of access, a significant advantage over the typically narrow and congested streets of Los Feliz.
With over $250,000 in recent improvements, including a designer kitchen with a quartz waterfall island and a spa-inspired primary suite, the home provides a turnkey luxury experience with contemporary finishes.
The 3,944 square foot lot is relatively small for the $2M+ price range, which may limit privacy and outdoor utility for buyers seeking a more expansive estate feel.
The backyard is divided into three separate zones rather than a single contiguous flat area, which may be less functional for families or those desiring a traditional lawn for recreation.
Impressive Views. Sophisticated Design. Exceptional Upgrades in Franklin Hills! A RARE FIND in the neighborhood, this home enjoys a generously wide street with exceptional PARKING availability ideal for entertaining guests without the challenges of narrow hillside streets. This residence boasts a low maintenance contemporary design and over $250,000 in thoughtful improvements. The open-concept kitchen blends modern elegance with functionality, featuring updated cabinetry, stainless steel appliances, sophisticated backsplash, and a beautiful waterfall island appointed with a cooktop and luxurious quartz stone. Designed to embrace its surroundings, the residence showcases a flood of natural light from multiple windows and vistas from most rooms in the home creating a refreshing backdrop for everyday living and memorable gatherings. The primary suite is a private sanctuary, offering a romantic fireplace, a generously proportioned walk-in closet, picturesque views, a dry bar with refrigerator, and a beautifully renovated, spa-inspired bathroom. Premium Hansgrohe fixtures, contemporary tilework, and carefully selected designer quality finishes create an atmosphere of modern luxury. Thoughtful finishes and meticulous attention to detail further enhance the home's sophisticated aesthetic. Improvements include updated flooring, windows, doors, custom built-ins, refined fireplace details, and an upgraded HVAC system with zoning controls. Outside relax on a front facing balcony or on one of the 3 separate backyard zones for entertaining. This remarkable residence boasts easy access to shopping, dining and medical facilities yet offers the owner a tranquil secluded retreat. Whether entertaining or simply enjoying the beauty of the surrounding landscape this is a distinctive opportunity to experience elevated hillside living in one of Los Feliz's most desirable neighborhoods.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-5 • 0.6 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,492 | 1,670.836 |
| Lot Size | 3,944 | 6,152.156 |
| Price | $1.98M | $1.34M |
| Price per sq ft | $793 | $807 |
| Built year | 1992 | 1941 |
| HOA | $0 | $238 |
| Days on market | 18 | 56 |
Nov 7, 2026
$1,975,000
$2,088,000
-5% Price Drop
Initial Listing
Oct 22, 2026
$2,088,000
Initial Listing
Nov 10, 2009
$890,000
Public Record
Jan 31, 2002
$375,000
Public Record