NOT LISTED FOR SALE

8686 Franklin Ave Los Angeles, CA 90069

Hollywood Hills West Neighborhood

Estimated Value: $3,200,000 - $3,793,000

4 Beds
3 Baths
3,094 Sq Ft
$1,101/Sq Ft Est. Value

Sale Details

Date Sold: June 8, 2022

Last sale price $3,075,000 $994 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $21,378 / mo

130 Days on Market

Highlights

  • Ocean View
  • In Ground Spa
  • Dining Room with Fireplace
  • Attached Guest House
  • Two Primary Bedrooms
  • Contemporary Architecture

About This Home

As of June 2022

Property has the makings of a fine project, boasting great upside potential. Complete Architectural plans for a 5395sf multi-level home, including roof top deck, garden and swimming pool included. Additionally, pre-approval has been granted for a Street Vacation, making this portion of Franklin Ave a private, gated, cul-de-sac street, which will also add substantial value to the property. Unique, custom built, Hollywood Hills home featuring walls of glass with views of the city to the ocean from nearly every room. The main house has three bedrooms (one is den conversion) and three bathrooms, with a fourth bedroom in the separate apartment downstairs with private entry. Primary suite features a bathroom with double-sink vanity, large cedar walk-in closet, and a private patio with an oversized, outdoor spa overlooking the entire city. The completely separate apartment, with East facing views, includes a living area with large balcony, small kitchen, bath and bedroom with a separate balcony and its own laundry room & storage. One car carport and one car garage. This house is located on a very private and quiet cul-de-sac street, so there is no through-traffic. Just moments away from everything the Sunset Strip has to offer - restaurants, shopping, entertainment venues, comedy clubs, bars, and more!

Last Agent to Sell the Property

Drew Gitlin

Coldwell Banker Realty License #00944472 Listed on: 11/22/2021

Coldwell Banker Realty

Co-Listed By

Heather Gussman

Gussman Czako Estates License #01128455

Last Buyer's Agent

Heather Gussman

Gussman Czako Estates License #01128455

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 7,077 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 1 Car Garage
  • 1 Attached Carport Space

Property Views

  • Ocean
  • Panoramic
  • City

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,094 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Bonus Room with Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Spa
  • Open Patio

Additional Features

  • Attached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5558-019-009

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

7,077 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 3094
  • Lot Acreage: 0.1625
  • Stories: 2
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Living Room, Bonus Room
  • Flooring: Mixed, Hardwood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Closet Stacked, Inside
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Refrigerator, Range/Oven, Washer
  • Price Per S Q F T: 1129.61

Exterior Features

  • Other Structures: None
  • Guest House: Attached
  • Pool: No
  • Spa: In Ground, Hot Tub, Private
  • Spa Yn: Yes
  • View: City, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 1
  • Covered Parking: 2
  • Parking Garage: Carport Attached, Private Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5558-019-009
  • Lot Size Area: 7077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2022
Sold by
Aharoni Elkana Arik
Bought by
8686 Franklin Llc
Current Estimated Value
$3,407,739

Purchase Details

Listed on
Nov 22, 2021
Closed on
Jun 1, 2022
Sold by
Aharoni Alison
Bought by
Aharoni Elkana Arik
Seller's Agent
Drew Gitlin
Coldwell Banker Realty
Buyer's Agent
Heather Gussman
Gussman Czako Estates
List Price
$3,995,000
Sold Price
$3,075,000
Premium/Discount to List
-$920,000
-23.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%
Original Mortgage
$1,950,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2022
Sold by
Ditsky Stuart A
Bought by
Aharoni Elkana Arik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2012
Sold by
Ditsky Stuart A
Bought by
Ditsky Stuart A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1995
Sold by
Quinn John H
Bought by
Ditsky Stuart A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,625
Interest Rate
9.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
8686 Franklin Llc -- --
Aharoni Elkana Arik -- Stewart Title Company
Aharoni Elkana Arik $3,000,000 Stewart Title Company
Ditsky Stuart A -- First American Title Company
Ditsky Stuart A -- First American Title Company
Ditsky Stuart A $850,000 Equity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Aharoni Elkana Arik $1,950,000
Previous Owner Ditsky Stuart A $1,160,000
Previous Owner Ditsky Stuart A $684,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2022 06/08/22 Sold $3,075,000 -12.0% $994 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
01/12/2022 01/12/22 Price Changed $3,495,000 -12.5% $1,130 / Sq Ft
11/22/2021 11/22/21 For Sale $3,995,000 -- $1,291 / Sq Ft
Source: The MLS

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 $38,445 $3,183,623 $2,546,899 $636,724
2024 $37,955 $3,121,200 $2,496,960 $624,240
2023 $37,216 $3,060,000 $2,448,000 $612,000
2022 $16,216 $1,345,389 $875,302 $470,087
2021 $16,010 $1,319,010 $858,140 $460,870
2019 $15,467 $1,279,889 $832,688 $447,201
2018 $15,377 $1,254,794 $816,361 $438,433
2016 $14,662 $1,206,070 $784,661 $421,409
2015 $14,448 $1,187,955 $772,875 $415,080
2014 $14,495 $1,164,686 $757,736 $406,950
Source: Public Records

Agents Affiliated with this Home

  • Drew Gitlin

    Seller's Agent in 2022

    Drew Gitlin

    Coldwell Banker Realty

    (310) 415-1968

    2 in this area

    44 Total Sales

    Drew Gitlin
    Section Image
  • Heather Gussman

    Seller Co-Listing Agent in 2022

    Heather Gussman

    Gussman Czako Estates

    (310) 600-0608

    1 in this area

    8 Total Sales

    Heather Gussman
    Section Image
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Map

Source: The MLS

MLS Number: 21-107203

The MLS

APN: 5558-019-009

California Los Angeles County Los Angeles 90069 Hollywood Hills West

8686 Franklin Ave, Los Angeles, CA

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The MLS © 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.
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