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$1,220,000
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Property Description
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.
Full Property Details
Full Property Details for 3950 Franklin Ave
General
- Sold For: $1,220,000
- Status: Closed
- Type: Single Family
- Source: CLAW
- MLS ID: 26940923
- Added to Site: 55 day(s) ago
Interior
- Rooms/Areas: Other
- Fireplace: Yes
- Number of Fireplaces: 1
- Furnishings: Unfurnished
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, In Unit
Additional Information
- Pool Description: None
- Spa Description: None
- Other Features: None
Parking
- Garage Description: Driveway
Location
- Area: Los Feliz
- County: Los Angeles
- Driving Directions: iMaps
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- Architectural Style: Other
- Structure Type: Single Family Residence
- Common Walls: Detached/No Common Walls
- Stories/Levels: 0
- Square Feet: 1,247
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1947
- Year Built Source: Vendor Enhanced
- Property Condition: Fixer
Additional Structures
- Other Structures: None
Lot Features
- Property View: Other
- Lot Size (Acres): 0.097
- Lot Size: 4227
- Lot Size Source: Vendor Enhanced
- Zoning: LAR1
Financial Considerations
- Price Per Sq. Ft.: $962.31
- Assessment Year: 1947
Disclosures and Reports
- Disclosures/Reports: Lender Owned/REO
- APN: 5591-019-023
Listed by Premier Properties, Randy Merino
Sold by The Agency, Douglas Carver
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Schools
Schools serving 3950 Franklin Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Franklin Avenue Elementary School 1910 North Commonwealth Avenue, Los Angeles, CA 90027 | K-5 | 0.4 mi |
Thomas Starr King Middle School 4201 Fountain Avenue, Los Angeles, CA 90029 | 6-8 | 0.7 mi |
John Marshall Senior High School 3939 Tracy Street, Los Angeles, CA 90027 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3950 Franklin Ave
Date
Details
Price
Change
Source
10/21/2026
Sold
$1,220,000
1.67%
MLS
9/03/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3950 Franklin Ave, Los Angeles, CA 90027 (MLS# 26940923) is a Single Family property that was sold at $1,220,000 on October 21, 2026. Want to learn more about 3950 Franklin Ave? Do you have questions about finding other Single Family real estate for sale in Los Feliz? You can browse all Los Feliz real estate or contact a Coldwell Banker agent to request more information.

