5231 Franklin AvenueLos Angeles, CA 90027

Single Family · 5 Beds · 3 Full Baths · 1 Partial Bath · 4,743 Sq. ft. | 0.54 Acres
$3,750,000 Active

5231 Franklin Avenue Overview

Time on Site:
118 days
Visits:
0

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.

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5231 Franklin Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 4,743
  • Price/Sq.ft. $791
  • Lot 0.54 Acres

Details

General

Building Information

  • Year Built: 1921

Location/Region

  • Country: US
  • County Or Parish: Los Angeles

General Information

  • Parcel Number: 5589005007
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: LARE

Interior

Parking Information

  • Garage Spaces: 3
  • Garage: true

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Partial: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 5

Building Interior

  • Building Area Source: Measured
  • Building Area Total: 4743
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Refrigerator
  • Fireplace Features: Decorative
  • Fireplace: true
  • Flooring: Wood
  • Interior Features: Family Room
  • Laundry Features: Inside
  • Levels: Two Story
  • Living Area: 4743
  • Living Area Units: Square Feet
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Other
  • Parking Total: 5

Lot Information

  • Lot Size Acres: 0.5402
  • Lot Size Area: 0.5402
  • Lot Size Square Feet: 23530
  • Lot Size Units: Acres

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Mediterranean
    • Attached Garage: false

    General Information

    • Carport: false
    • Covered Spaces: 3
    • Pool Features: In Ground
    • Pool Private: false

    5231 Franklin Avenue Neighborhood

    Community

    90027 (LOS ANGELES) Demographics

    38
    Median Age
    5,584
    Population Density (per sq. mile)
    61%
    College Educated
    $71,651
    Estimated Median Income
    4,189
    Estimated Total Home Owners
    17,214
    Estimated Total Renters
    20% / 80%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    5231 Franklin Avenue Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    5231 Franklin Avenue Market Data

    Based on the last 30 days in this zip code

    $3,115,923
    Average List Price
    $1,043
    Average Price per Square Foot
    11
    Properties Sold
    73
    Average Days on Market
    286
    Properties for Sale
    Calculations provided by Reliance Network

    5231 Franklin Avenue History

    Date Event Value Agent
    3/4/2026Source: bridgeMLS Added to Database
    March 04, 2026
    3/2/2026Source: CRMLS Added to Database
    March 02, 2026
    Listing provided courtesy of Compass- MLS# CL26658509MLS Provider