8613 Franklin Avenue, Los Angeles, California 90069, Los Angeles, 90069 - 3 bed, 3 bath
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Los Angeles, California 90069
This Contemporary Hollywood Hills Residence represents a Strong Value Opportunity with a List Price of $1,942,800—positioned well below the $2,062,513 Fair Market Value by 5%. This valuation gap offers $119,713 in Instant Equity for buyers. Currently holding a Fair Condition Rating, the "As-Is" property features City and Canyon Views and a prime location near Mulholland Trails. Modernizing the 1,993 sq. ft. interior will drive significant forced appreciation in this high-demand submarket. This is an ideal project for Value-Add Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8613 Franklin Avenue Subject | $1,845,700* List Price | 3 | 3 | 1,993 | $918 | - |
A 8655 Hillside Sold | $1,612,000 | 4 | 4 | 2,402 | $671 | 0.2 mi |
B 1635 Marmont Avenue Sold | $2,200,000 | 4 | 3 | 2,462 | $894 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this property falls within the 25-40 year age range typical of 'fair' condition when no major renovations are noted. The 'As-Is' sale designation and the contemporary 1980s exterior suggest that while the structure is likely functional, the interior systems, kitchen, and bathrooms are likely original or dated and require modernization to meet current luxury standards for the Hollywood Hills area.
Situated in the prestigious Sunset Strip - Hollywood Hills West area, the property offers proximity to Mulholland Trails and celebrity estates, placing residents at the heart of the entertainment world.
Built in 1989, this contemporary-style home provides a modern architectural foundation and nearly 2,000 square feet of living space, offering a desirable layout for luxury living.
Located in a high-demand hillside area with confirmed view features, the property captures the quintessential Los Angeles aesthetic, significantly enhancing its market appeal.
The property is being sold in its current condition, which likely implies the need for immediate capital expenditure for repairs, modernizations, or structural updates.
The listing places a heavy emphasis on the buyer to verify zoning, tax, and city records, suggesting potential complexities regarding the property's legal status or lot constraints.
An amazing opportunity in Los Angeles to live in a contemporary style home in the Hollywood Hills. From Mulholland Trails horseback riding to living near celebrity homes. One is in the center of the entertainment world with this home. This home was built in 1989 and has approx. 1,993 sq. ft. It sits on a good size lot of 6,381 sq. ft. Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 4.0 | 42% |
| Square foot | 1,993 | 2,521 | 24% |
| Lot Size | 6,381 | 7,192 | 46% |
| Price | $1.85M | $3.25M | 15% |
| Price per sq ft | $926 | $1.1K | 15% |
| Built year | 1989 | 1951 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 199 | 7% |
Mar 30, 2026
$1,845,700
$1,942,800
-5% Price Drop
Initial Listing
Feb 27, 2026
$1,942,800
Initial Listing
Jul 25, 2000
$625,000
Public Record