8613 Franklin Avenue, Los Angeles, California 90069, Los Angeles, 90069 - 3 bed, 3 bath
8613 Franklin Avenue
Los Angeles, California 90069
Property Price
SUMMARY
Analysis of 8613 Franklin Avenue, Los Angeles, California 90069 reveals a Prime Investment Opportunity with a current list price of $1,942,800—significantly undercutting the $2,062,512 Fair Market Value by 5%. This valuation gap indicates a +$119,712 Instant Equity potential for buyers. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8613 Franklin Avenue Subject | $1,942,800* List Price | 3 | 3 | 1,993 | $1,035 | - |
A 1635 Marmont Avenue Sold | $2,200,000 | 4 | 3 | 2,462 | $894 | 0.3 mi |
B 8295 Hollywood Boulevard Sold | $2,100,000 | 3 | 2 | 1,673 | $1,255 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1989 (37 years ago) and is being sold in 'as-is' condition, which aligns with the 'fair' criteria for homes aged 25-40 years without major recent renovations. While the contemporary architecture is desirable for the Hollywood Hills, the lack of mentioned upgrades and the 'as-is' status suggest that the kitchen, bathrooms, and major systems are likely original or outdated, requiring cosmetic and functional modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Hollywood Hills Location
Situated in the prestigious Sunset Strip - Hollywood Hills West area, this property offers proximity to celebrity estates and Mulholland Trails, placing residents at the heart of the entertainment world.
- Contemporary Architecture
Built in 1989, the home features a desirable contemporary style with nearly 2,000 square feet of living space, offering a more modern layout than many older neighboring properties.
- Scenic Views
The property is noted for having views, a highly sought-after feature in the Hollywood Hills that significantly enhances both the living experience and long-term resale value.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in its current 'as-is' condition, which may imply the need for repairs, upgrades, or modernizing that the buyer must account for in their budget.
- Due Diligence Requirements
The listing emphasizes the buyer's responsibility to verify zoning, tax, and city records, suggesting potential complexities regarding hillside regulations or property history that require thorough investigation.
About 8613 Franklin Avenue
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 6,381 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 4.0 | 42% |
| Square foot | 1,993 | 2,694 | 23% |
| Lot Size | 6,381 | 7,902 | 43% |
| Price | $1.94M | $2.85M | 13% |
| Price per sq ft | $975 | $1.1K | 25% |
| Built year | 1989 | 1952 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 181 | 3% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,942,800
Initial Listing
Sold
Jul 25, 2000
$625,000
Public Record