5231 Franklin Ave Los Angeles, CA 90027
Los Feliz NeighborhoodEstimated payment $20,553/month
Total Views
41,967
5
Beds
3.5
Baths
4,743
Sq Ft
$791
Price per Sq Ft
Highlights
- Attached Guest House
- 0.43 Acre Lot
- Mediterranean Architecture
- In Ground Pool
- Wood Flooring
- No HOA
About This Home
Step into the prestigious Laughlin Park neighborhood and discover a hidden gem awaiting its revival. Five bedrooms, four bathrooms, and an impressively large lot that exudes potential. Elevated above the street and shrouded by trees, this once-grand home boasts the timeless charm and sophistication of its era. The entrance welcomes you with a classic pathway and a gate that opens to the famous Laughlin Park - a serene oasis in the heart of the bustling city. However, this property requires an inspired buyer with an eye for design and a passion for renovation. The interior is a blank canvas, waiting to be transformed into a breathtaking masterpiece. Every room needs work, and the home is in need of a complete overhaul. But the reward is great: the chance to create your own vision and restore this residence to its former glory. The potential is endless, limited only by your imagination. You could create an entertainer's paradise or a tranquil retreat, all while enjoying the lush surroundings that surround the property. 5231 Franklin is the perfect opportunity for those who appreciate the magic of restoration and the rewards of patience. Take advantage of this rare opportunity and create a legacy in one of Los Angeles' most sought-after neighborhoods.
Home Details
Home Type
- Single Family
Year Built
- Built in 1921
Lot Details
- 23,530 Sq Ft Lot
- Lot Dimensions are 104x180
- South Facing Home
- Property is zoned LARE9
Parking
- 3 Car Garage
Home Design
- Mediterranean Architecture
- Major Repairs Completed
- Shingle Roof
- Tile Roof
Interior Spaces
- 4,743 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Decorative Fireplace
- Family Room
- Living Room
- Breakfast Room
- Formal Dining Room
- Center Hall
- Wood Flooring
- Laundry Room
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Outdoor Features
- In Ground Pool
- Porch
Additional Homes
- Attached Guest House
Utilities
- Forced Air Heating System
- Property is located within a water district
- Sewer in Street
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5589-005-007
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,091 | $201,598 | $86,499 | $115,099 |
| 2024 | $3,062 | $197,646 | $84,803 | $112,843 |
| 2023 | $3,015 | $193,772 | $83,141 | $110,631 |
| 2022 | $2,897 | $189,973 | $81,511 | $108,462 |
| 2021 | $2,845 | $186,249 | $79,913 | $106,336 |
| 2019 | $2,774 | $180,727 | $77,544 | $103,183 |
| 2018 | $2,566 | $177,184 | $76,024 | $101,160 |
| 2016 | $2,337 | $170,306 | $73,073 | $97,233 |
| 2015 | $2,307 | $167,749 | $71,976 | $95,773 |
| 2014 | $2,328 | $164,464 | $70,567 | $93,897 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/02/2026 03/02/26 | For Sale | $3,750,000 | -- | $791 / Sq Ft |
Source: The MLS
About the Listing Agent
A Southern California native, Victoria Massengale has become a vital real estate resource for Los Angeles residents for more than twelve years. Navigating the expansive geographical terrains from the Hollywood Hills to LA's beaches, Victoria has catapulted her career with her honest, genuine approach to providing quick, timely advice to clients that ultimately saves buyers and sellers thousands of dollars.
Victoria's humorous, solutions-based approach to navigating the real estate market
Victoria's Other Listings
Source: The MLS
MLS Number: 26658509
APN: 5589-005-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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