5231 Franklin Avenue, Los Angeles, CA 90027
5231 Franklin Avenue, Los Angeles, CA 90027
Property Description
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.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Los Angeles · Single Family Residence
Listed 15.1% above the median closed sale of $2,955,000. Price per sqft ($717) is a 14% premium to closed comps ($629). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2001 Holly Hill Terrace | Los Angeles | 1932 | 5 | 5 | 4,241 | 8,320 | $470 | $2.00M | 9 | 74 |
| 528 Chautauqua Boulevard | Los Angeles | 1938 | 4 | 6 | 4,154 | 22,556 | $2,070 | $8.60M | 60 | 73 |
| 8828 Thrasher Avenue | Los Angeles | 1964 | 4 | 5 | 4,150 | 11,386 | $1,301 | $5.40M | 11 | 72 |
| 13044 Sky Valley Road | Los Angeles | 1957 | 4 | 4 | 4,156 | 18,078 | $661 | $2.75M | 58 | 71 |
| 2451 Nichols Canyon Road | Los Angeles | 1940 | 6 | 5 | 4,185 | 17,932 | $716 | $3.00M | 116 | 70 |
| Total: 5 · Average | 4.6 | 5.0 | 4,177.2 | 15,654.4 | $1,043.6 | $4.35M | 50.8 | |||
| Median | 4,156 | $3.00M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4825 Woodley Avenue | Los Angeles | 1936 | 09/01/2026 | 5 | 6 | 4,273 | 23,434 | $2.70M | $2.96M | $692 | 1.09 | 49 | 78 |
| 19234 Mayall Street | Los Angeles | 1981 | 09/15/2026 | 4 | 4 | 4,204 | 17,498 | $2.08M | $1.98M | $470 | 0.95 | 68 | 71 |
| 8005 Bell Crest Drive | Los Angeles | 2006 | 09/14/2026 | 6 | 4 | 4,278 | 6,960 | $3.60M | $3.60M | $842 | 1.00 | 43 | 70 |
| 3300 Red Rose Drive | Los Angeles | 1964 | 09/10/2026 | 6 | 6 | 4,468 | 18,754 | $2.40M | $2.10M | $470 | 0.88 | 51 | 69 |
| 16560 Park Lane Circle | Los Angeles | 1962 | 09/18/2026 | 4 | 4 | 4,409 | 14,497 | $3.25M | $2.96M | $672 | 0.91 | 237 | 69 |
| Total: 5 · Average | 5.0 | 4.8 | 4,326.4 | 16,228.6 | $2.72M | $2.72M | $629.2 | — | 89.6 | ||||
| Median | 4,278 | $2.96M | $2.96M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.