4211 Franklin Ave Los Angeles, CA 90027
Los Feliz NeighborhoodEstimated payment $12,958/month
Highlights
- City Lights View
- Midcentury Modern Architecture
- Balcony
- Franklin Avenue Elementary Rated A-
- Lawn
- Bathtub with Shower
About This Home
Four well-maintained units present a compelling investment opportunity in the heart of Franklin Hills, one of Los Angeles' most character-rich and centrally located neighborhoods. The property includes a 1955-built triplex and an attached studio ADU constructed in 2022, delivered vacant at close of escrow, offering flexibility for an owner-user or rental income. Owned and carefully maintained by the same family for 35 years, the building reflects thoughtful stewardship and enduring quality. The main structure showcases classic Mid-Century design with clean lines, functional layout, horizontal balcony lines, and integrated garages typical of post-war LA construction. Two units feature private balconies with elevated city views. Three units have hardwood floors, and all units feature updated plumbing and individual tankless water heaters. Separate electrical and gas meters, garage, and additional off-street parking enhance operational efficiency and convenience. Franklin Hills offers easy access to neighborhood dining and coffee along Hillhurst Avenue including Alcove Cafe & Bakery, Little Dom's, Maru Coffee, and All Time as well as everyday conveniences like Trader Joe's and Gelson's Market. Griffith Park and the Griffith Observatory are nearby for outdoor recreation. The spacious backyard, accessible to the rear unit, was graded and includes a permitted retaining wall, providing potential for an additional ADU to increase income or property value. Agent and seller make no guarantees regarding ADU feasibility. Buyer to conduct their own due diligence. Centrally located near Hollywood and Los Feliz with convenient access to major thoroughfares, this Franklin Hills four-unit property offers a rare opportunity to own a well-located Mid-Century asset with both income and owner-user flexibility.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 6,004 Sq Ft Lot
- Gated Home
- Landscaped
- Lawn
- Back Yard
Parking
- 4 Car Garage
Home Design
- Midcentury Modern Architecture
- Additions or Alterations
- Tar and Gravel Roof
Interior Spaces
- 3,195 Sq Ft Home
- 3-Story Property
- Vinyl Flooring
- City Lights Views
Kitchen
- Gas Oven
- Range with Range Hood
- Microwave
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Remodeled Bathroom
- 4 Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Cooling System Mounted In Outer Wall Opening
- Cooling System Mounted To A Wall/Window
- Window Unit Cooling System
- Floor Furnace
- Vented Exhaust Fan
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Overhead Utilities
- Tankless Water Heater
- Gas Water Heater
- Sewer in Street
- Cable TV Available
Additional Features
- Balcony
- City Lot
Community Details
- 4 Units
- Vacancy Allowance $1,900
Listing and Financial Details
- The owner pays for water, gardener
- Assessor Parcel Number 5591-016-027
Map
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 | $6,267 | $493,029 | $362,426 | $130,603 |
| 2024 | $6,267 | $483,363 | $355,320 | $128,043 |
| 2023 | $6,152 | $473,886 | $348,353 | $125,533 |
| 2022 | $5,875 | $464,595 | $341,523 | $123,072 |
| 2021 | $5,792 | $455,486 | $334,827 | $120,659 |
| 2019 | $5,626 | $441,978 | $324,897 | $117,081 |
| 2018 | $5,535 | $433,313 | $318,527 | $114,786 |
| 2016 | $5,270 | $416,489 | $306,159 | $110,330 |
| 2015 | $5,196 | $410,234 | $301,561 | $108,673 |
| 2014 | $5,231 | $402,199 | $295,654 | $106,545 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/13/2026 02/13/26 | For Sale | $2,395,000 | -- | $750 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | None Listed On Document | |
| Gift Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document |
Source: The MLS
MLS Number: 26652037
APN: 5591-016-027
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