Rachel Nussbaum
Prestige Estate Agency
(747) 294-3894
31 Total Sales
2 in Hollywood Hills West
$3.4M - $4.5M Price Range
8686 Franklin Ave Los Angeles, CA 90069
Hollywood Hills West NeighborhoodEstimated Value: $3,245,622
4
Beds
3
Baths
3,094
Sq Ft
$1,049/Sq Ft
Est. Value
Highlights
- Ocean View
- In Ground Spa
- Dining Room with Fireplace
- Attached Guest House
- Two Primary Bedrooms
- Contemporary Architecture
About This Home
As of June 2022Property 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
Coldwell Banker Realty License #00944472 Listed on: 11/22/2021
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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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 2, 2026
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,100,000
Outstanding Balance
$9,092,165
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$5,846,543
Purchase Details
Closed on
Nov 4, 2022
Sold by
Bought by
Purchase Details
Listed on
Nov 22, 2021
Closed on
Jun 1, 2022
Sold by
Bought by
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
1.31%
Original Mortgage
$1,950,000
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 2022
Sold by
Bought by
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
Bought by
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
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hollywood Hills West, CA
-
Rachel Nussbaum
-
Sierus Erdelyi
Sierus Erdelyi
TruLine Realty
(424) 374-0268
177 Total Sales
1 in Hollywood Hills West
$3,700,592 Price
-
Jeffrey Russell
Jeffrey Russell
Russell Realty Group
(626) 604-2792
115 Total Sales
1 in Hollywood Hills West
$2,100,000 Price
-
Francisco Montes
Francisco Montes
Compass
(424) 414-7369
32 Total Sales
1 in Hollywood Hills West
$1,357,465 Price
-
Jennifer Brill
Jennifer Brill
Monarch Capital Corporation
(424) 361-6010
22 Total Sales
3 in Hollywood Hills West
$1.3M - $1.8M Price Range
-
Craig Lotzof
Craig Lotzof
Responds QuicklyThe Agency
(858) 943-0497
117 Total Sales
2 in Hollywood Hills West
$29,500,000 Price Range
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 |
|---|---|---|---|
| -- | Priority Title | ||
| -- | -- | ||
| -- | Stewart Title Company | ||
| $3,000,000 | Stewart Title Company | ||
| -- | First American Title Company | ||
| -- | First American Title Company | ||
| $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 |
|---|---|---|---|
| Open | $9,100,000 | ||
| Previous Owner | $1,950,000 | ||
| Previous Owner | $1,161,900 | ||
| Previous Owner | $1,160,000 | ||
| Previous Owner | $1,160,000 | ||
| Previous Owner | $1,160,000 | ||
| Previous Owner | $266,000 | ||
| Previous Owner | $975,000 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $113,500 |
Source: Public Records
Property 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 | 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
43 Total Sales
-
Heather Gussman
Seller Co-Listing Agent in 2022
Heather Gussman
Gussman Czako Estates
(310) 600-0608
1 in this area
7 Total Sales
Map
Source: The MLS
MLS Number: 21-107203
APN: 5558-019-009
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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