
Los Angeles, California 90027
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,678,000—positioned well below the $1,757,498 Fair Market Value by 4%. This valuation gap offers $79,498 in Instant Equity. Featuring a 2025 Comprehensive Rebuild, the home boasts an Excellent Condition Rating with modern systems and a Separate-Entry Bonus Studio. Located near Top-Rated Schools like Ivanhoe Elementary, this property is an ideal sanctuary for Owner-Occupants or discerning professionals seeking panoramic city views and effortless hillside living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4020 Clayton Avenue Subject | $1,678,000* List Price | 3 | 2 | 1,378 | $1,299 | - |
A 2255 Talmadge Sold | $1,800,000 | 2 | 2 | 1,438 | $1,252 | 0.8 mi |
B 3991 Prospect Avenue Sold | $1,810,000 | 3 | 3 | 1,469 | $1,232 | 0.2 mi |
C 3711 Monon Street Sold | $1,795,000 | 3 | 2 | 1,417 | $1,267 | 0.8 mi |
D 4116 Camero Avenue Pending | $1,395,000 List Price | 2 | 2 | 1,342 | $1,039 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was completely rebuilt and expanded in 2025, featuring all-new systems including HVAC, electrical, plumbing, roof, and foundation. The kitchen and bathrooms showcase high-end modern designer finishes, and the home is in mint, turnkey condition with no maintenance required.
Elementary School: Ivanhoe Elementary School (9/10).
The property was fully reimagined and expanded in 2025 with all-new systems, including foundation, HVAC, plumbing, electrical, and roof, offering the security of new construction in a historic neighborhood.
Situated in the premier Franklin Hills area, the home offers breathtaking panoramic views of the Griffith Observatory and the city skyline, providing a quintessential Los Angeles hillside experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1378, other record living area = 728. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
At 1,378 square feet for a three-bedroom home, the interior living spaces and secondary bedrooms may feel small for buyers accustomed to more expansive modern floor plans.
The steep hillside setting and multi-level outdoor decks may present accessibility challenges and limit the amount of flat, usable yard space for recreation or play.
Perched among the treetops in Franklin Hills, between Los Feliz and Silver Lake, this meticulously reimagined 1922 residence embodies the effortless romance of California hillside living, with sweeping views stretching from Griffith Observatory to the city skyline. Surrounded by mature trees and bathed in natural light, the home captures a magical setting for daily living and entertaining alike. Rich with personality yet remarkably serene, this turnkey charmer blends historic character with thoughtful modern design. The open-concept living spaces showcase a beautifully crafted custom kitchen, skylights, and curated designer finishes throughout. Just off the main living area are two generous secondary bedrooms with wood-beamed ceilings and oversized closets, complemented by a nature-inspired bath featuring deep green hues and striking jungle wallpaper. Beyond the kitchen, a thoughtfully designed mudroom and laundry room with a built-in desk nook add both function and charm.Privately situated, the vaulted primary suite serves as a tranquil retreat with wood-beamed ceilings, a spa-inspired bath with dual vanities, a large walk-in closet, and abundant natural light. French doors open to a private custom deck, while a path leads to a second viewing deck nestled beneath a mature tree and surrounded by native plantings, wildflowers, and fragrant lavender.Additional outdoor spaces invite entertaining, gardening, or quiet relaxation. Enjoy alfresco dining beneath a mature grapefruit tree overlooking the deck, while graceful olive trees line the yard and enhance the property's peaceful feel. A separate-entry bonus studio on the lower level offers flexible space for a home office, creative studio, gym, media room, or guest retreat. Rebuilt and expanded in 2025, the home features new electrical, plumbing, foundation, HVAC, roof, windows, wide-plank oak flooring, and 220V wiring ready for an electric vehicle charger.Rarely does a home so thoughtfully modernized retain such a strong sense of place. Peaceful and secluded, yet moments from the restaurants, cafes, boutiques, and cultural landmarks of Los Feliz and Silver Lake, this is a rare opportunity to own a fully reimagined retreat in one of Los Angeles' most desirable neighborhoods.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-2 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,378 | 1,672 |
| Lot Size | 6,574 | 6,067 |
| Price | $1.68M | $1.37M |
| Price per sq ft | $1.2K | $801 |
| Built year | 1922 | 1939 |
| HOA | $0 | $348 |
| Days on market | 50 | 56 |
Jun 5, 2026
$1,678,000
Initial Listing
Mar 11, 2025
$1,755,000
Public Record
Dec 8, 2023
$995,000
Public Record
Sep 30, 2020
$735,000
Public Record