FRANKLIN HILLS OPPORTUNITY! Public records show the property as a 2-bedroom, 1-bathroom residence. However, upon visual inspection, the property appears to consist of 3 bedrooms and 3 bathrooms, including a Junior ADU (JADU). Buyer to independently verify all bedroom and bathroom counts, square footage, permits, zoning, legality and use of the JADU with the appropriate city agencies and professionals. Bring your vision to 3950 Franklin Ave, a unique REO opportunity nestled in the highly sought-after Franklin Hills neighborhood. This property is ready for a buyer with vision to transform it into something truly special. Whether you’re an investor, contractor or owner-user, this is your chance to take on a project and create value in one of Northeast LA’s most desirable locations. Just steps from the iconic Shakespeare Bridge and close to Griffith Park and the world-famous Griffith Observatory, this location puts you in the heart of everything that makes Northeast LA so desirable. The property also offers views toward the Griffith Observatory, adding an incredible backdrop and sense of place. Enjoy easy access to Griffith Park for hiking, walking and exploring, while nearby Los Feliz Village and Hillhurst Avenue offer an eclectic mix of restaurants, coffee shops, boutiques and neighborhood favorites. You’re also just minutes from Silver Lake, Atwater Village and Hollywood, giving you the perfect balance of peaceful residential surroundings and easy access to some of LA’s most popular destinations. This is a true fixer and an exciting opportunity for an investor, contractor or owner-user ready to bring this property back to life. The property also appears to feature a Junior ADU, offering additional living space and potential flexibility for the next owner. Buyer to independently verify all information regarding the JADU, including permits, square footage, zoning, legality and use. Property is being sold strictly AS-IS, WHERE-IS. Buyer is advised to independently verify all information, including bedroom and bathroom count, square footage, property condition, zoning, permits, JADU status, legality, use and development potential, with the appropriate professionals and governmental agencies.
Property Details
Price:
$1,200,000
MLS #:
26940923
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
637losfeliz
Listed Date:
Sep 3, 2026
Finished Sq Ft:
1,247
Total Sq Ft:
1,247
Lot Size:
4,227 sqft / 0.10 acres (approx)
Year Built:
1947
See this Listing
Schools
Interior
Bathrooms
1 Full Bathroom
Cooling
NO
Heating
NO
Laundry Features
IN
Levels
S
Exterior
Architectural Style
SEE
Common Walls
NCW
Spa Features
NO
Financial
Map
Community
- Address3950 Franklin AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90027
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Sep 08, 2026
7,952
Single Family Listed
86
Avg DOM
424
Avg $ / SqFt
$1,551,749
Avg List Price
Property Summary
- 3950 Franklin AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90027. It is listed for $1,200,000 and features 2 beds, 1 baths, and has approximately 1,247 square feet of living space, and was originally constructed in 1947. The current price per square foot is $962. The average price per square foot for Single Family listings in Los Angeles is $424. The average listing price for Single Family in Los Angeles is $1,551,749.
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