
Los Angeles, California 90027
Analysis of 3823 Franklin Avenue, Los Angeles, California 90027 is currently available with a list price of $2,695,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While built in 1979, the property has undergone significant recent renovations. The kitchen features modern white cabinetry, stone countertops, and high-end stainless steel appliances. The laundry room and bathrooms show contemporary tile and finishes. Major system upgrades include a private elevator and fully paid-off solar panels with battery backup, indicating a mint-condition, move-in ready home.
Elementary School: Ivanhoe Elementary School (9/10).
Situated in a highly sought-after Los Feliz enclave within the coveted Franklin Avenue Elementary boundaries, offering significant prestige and long-term investment value.
The property boasts breathtaking panoramic vistas of the Hollywood Sign and Griffith Observatory, with a private elevator providing seamless access across its expansive multi-level floor plan.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3531, living area = 4366.
With a lot size smaller than the interior square footage, the property lacks a traditional flat yard, which may deter buyers seeking significant outdoor recreational space.
The multi-level hillside architecture creates a vertical living experience that, despite the elevator, may feel segmented compared to modern open-concept single-story layouts.
Perched in one of Los Feliz's most sought-after enclaves and within the highly coveted Franklin Avenue Elementary boundaries, this exceptional 4-bedroom, 4-bathroom residence seamlessly blends space, comfort, and breathtaking views across multiple levels, all conveniently connected by a private elevator. Enjoy expansive panoramas stretching from the city to the ocean horizon, with incredible mountain vistas including the iconic Hollywood Sign and Griffith Observatory. On clear days, Catalina Island emerges in the distance, creating a truly spectacular backdrop from this remarkable hillside retreat. Bathed in natural light throughout, the home's thoughtfully designed floor plan is ideal for both everyday living and entertaining. The main level features an expansive living room and dining area perfectly positioned to capture sweeping city views, alongside a welcoming family room and an incredible cook's kitchen. Also on this level are a powder bath and a laundry room with side-by-side washer and dryer. Sliding doors open from the kitchen and family room to a spacious patio, creating the ideal setting for summer BBQs, al fresco dining, and entertaining guests. Upstairs, three generously sized bedrooms await, including a spectacular primary suite complete with a cozy fireplace, dual closets, and expansive views that stretch across the city. The luxurious en-suite bathroom features a soaking tub, separate shower, and an abundance of space, creating a true retreat. Two additional bedrooms share a spacious bathroom, and each enjoys direct access to a balcony overlooking the backyard. The lower level offers additional living space and private guest quarters, providing flexibility for visitors, a home office, gym, or multigenerational living. Additional highlights include a spacious three-car garage, fully paid-off solar panels with battery backup, and an unbeatable location just moments from Griffith Park, The Greek Theatre, and neighborhood favorites along Hillhurst, Vermont, and Hyperion. A rare offering that combines incredible light, spectacular views, and a spacious floor plan in one of Los Angeles' most desirable neighborhoods.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 4,366 | 1,664.159 |
| Lot Size | 3,531 | 6,066.556 |
| Price | $2.69M | $1.35M |
| Price per sq ft | $617 | $806 |
| Built year | 1979 | 1939 |
| HOA | $0 | $278 |
| Days on market | 54 | 55 |
Aug 8, 2026
$2,695,000
$2,995,000
-10% Price Drop
Initial Listing
Jul 17, 2026
$2,995,000
Initial Listing
Aug 12, 2014
$1,375,000
Public Record
Nov 4, 2009
$1,050,000
Public Record
Apr 23, 2004
$955,000
Public Record