5015 Franklin Avenue, Los Angeles, California 90027, Los Angeles, 90027 - bed, bath

5015 Franklin Avenue, Los Angeles, California 90027 home-pic-0

5015 Franklin Avenue

Los Angeles, California 90027

ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,676Sq Ft
7,431Lot Size

Property Price

LIST PRICE$1,299,000

SUMMARY

Analysis of 5015 Franklin Avenue, Los Angeles, California 90027 is currently available with a list price of $1,299,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1922, this duplex is well-maintained and features some modern upgrades like a new roof and mini-split AC systems in the owner's unit. However, the property retains many dated elements such as older aluminum sliding windows with security bars and aged exterior railings. While the hardwood floors are in good condition, the overall infrastructure is over a century old and lacks a comprehensive modern renovation, fitting the criteria for a functional but aged property.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Ivanhoe Elementary School (9/10).

  • Prime Los Feliz Location

    Ideally situated in the desirable foothills along Franklin Avenue, offering immediate access to Hollywood, Los Feliz Village, and popular hiking trails.

  • Income & Living Versatility

    As a spacious duplex, the property is perfect for owner-users seeking rental income, investors, or those needing a multi-generational living arrangement.

CONSRISKS & DEFICIENCIES

  • High-Traffic Thoroughfare

    Located directly on Franklin Avenue, the property may experience significant street noise and traffic congestion typical of a major Los Angeles artery.

  • Inconsistent Climate Control

    While the owner's unit features modern mini-split systems, the upper unit lacks specified cooling, which may require additional investment to attract premium tenants.

  • Century-Old Infrastructure

    Built in 1922, the property may require ongoing maintenance or costly updates to original plumbing and electrical systems not addressed in the recent renovations.

About 5015 Franklin Avenue

Spacious and well-maintained duplex ideally situated in the foothills along Franklin Avenue, just moments from Los Feliz and Hollywood. Built in 1922, this classic property blends timeless character with modern comforts. The owner’s unit offers an excellent layout featuring two generously sized bedrooms, 1.75 bathrooms, and a dedicated office—perfect for working from home. The living room showcases beautiful hardwood floors, crown moldings, and a charming faux fireplace that adds warmth and vintage appeal. Each bedroom is equipped with its own mini-split air conditioning system for year-round comfort and a new roof. The property also features a large, private backyard ideal for entertaining, relaxing, or future enhancements, along with a detached two-car garage. The upper unit includes two bedrooms and one bathroom, plus a convenient additional utility room, offering flexibility for storage, laundry, or creative use. Located near shops, dining, entertainment, and hiking trails, this duplex presents a rare opportunity to own a classic foothills property in one of Los Angeles’ most desirable neighborhoods—ideal for owner-users, investors, or multi-generational living.

Property Details

Public Facts

Property Type
Duplex
Year Built
1922
Lot Size
7,431 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Los Feliz STEMM Magnet

Grades K-6 • 0.4 mi

7/10

Franklin Avenue Elementary School

Grades K-6 • 0.8 mi

8/10

Grant Elementary School

Grades K-6 • 0.9 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds-1.0
50%
Baths-1.0
50%
Square foot2,6762,147
50%
Lot Size7,4317,091.5
50%
Price$1.30M$1.06M
50%
Price per sq ft$485$496
50%
Built year19221922
50%
HOA$0$0
50%
Days on market21106
50%

Pricing History

Listed for Sale

Feb 13, 2026

$1,299,000

Initial Listing

Browse Properties by State Browse housing market trends by state