8613 Franklin Avenue, Los Angeles, California 90069, Los Angeles, 90069 - 3 bed, 3 bath

8613 Franklin Avenue, Los Angeles, California 90069 home-pic-0
ACTIVE$2,995,000
8613 Franklin Avenue, Los Angeles, California 90069
3Beds
3Baths
1,993Sqft
6,382Lot
Year Built
1989
Close
-
List price
$3M
Original List price
$2.95M
Price/Sqft
$1,503
HOA
-
Days on market
-
Sold On
-
MLS number
25568231
Home ConditionFair
Features
Good View: City Lights, Coastline, Hills
Spa
Patio
ViewCity Lights,Coastline,Hills

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.00M(42th), sqft - 1993(22th), beds - 3(50th), baths - 3(38th).

Hollywood Hills Contemporary Multi-Level Design, Spectacular Sweeping City Views on Every Level in One of the most Coveted Locations. Four levels across a Versatile floor plan maximizes both Privacy and Entertainment options. This Home features a Dramatic Soaring Staircase as part of its design. Second level features Two bedrooms and a bath, there is a large Balcony to enjoy the Wonderful Sunsets. Third level opens up to an expansive floor to ceiling Stunning Picture Windows with Jet Liner Views from the City to Ocean. There are Views from most angles on this level. Open Concept floor plan Living room, Dining room, Kitchen, Guest bath with a Wraparound Design and High Ceilings with Recessed lighting throughout. The Dining room leads to a Spacious Outdoor living area -Patio with Hillside Views and a Spiral staircase takes you to Top-level Patio with Dramatic City and Hill Views with a large built in BBQ- Grill. Master Suite located on Top level and Sits alone, with full City Views, high ceilings and a cozy Fireplace, Master bathroom has a Spa tub, Skylight, Elevator that takes you to most floors. Two Car Garage that leads to Guest Quarters features a built-in Soundproof Recording Booth, Large lot with opportunity to add value. Quiet Street Located just above the Sunset Strip and Sunset Plaza in the Heartbeat of the Vibrant Culture. This is a Fabulous Hollywood Hills West Location. A rare opportunity for a visionary to redesign this home, make it the way YOU want. A True Diamond in the rough with many possibilities to restore this Spectacular Estate

Price History

Date
Event
Price
07/25/00
Sold
$625,000
Condition Rating
Fair

The property was built in 1989. The listing mentions it's a "diamond in the rough" and a rare opportunity for a visionary to redesign the home. The kitchen and bathrooms appear functional but outdated. The elevator looks old. Overall, it needs updates but is habitable.
Pros & Cons

Pros

Spectacular City Views: The property boasts sweeping, unobstructed city views from multiple levels, including jetliner views from the city to the ocean, enhancing its desirability and market value.
Prime Location: Located in the heart of the Hollywood Hills West, just above the Sunset Strip and Sunset Plaza, offering convenient access to vibrant culture, entertainment, and amenities.
Multi-Level Design: The contemporary multi-level design provides a versatile floor plan that maximizes both privacy and entertainment options, catering to a variety of lifestyles.
Outdoor Living Spaces: Features spacious outdoor living areas, including a patio with hillside views and a top-level patio with a built-in BBQ grill, perfect for entertaining and enjoying the California lifestyle.
Potential for Customization: Presented as a 'diamond in the rough,' offering a rare opportunity for a visionary buyer to redesign and customize the home to their specific tastes and preferences.

Cons

As-Is Condition: The property is being sold in as-is condition, potentially requiring significant investment in renovations and upgrades to meet modern standards.
Dated Interior: While the property has great bones, the interior design and finishes appear dated and may not appeal to buyers seeking a move-in-ready home.
Price Adjustment: The property has already experienced a price reduction, which may indicate challenges in attracting buyers at the original listing price.

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