2 months on rocket

5181 Franklin Ave, Los Angeles, CA, 90027

$2,399,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
2,285 SqFt
$1,050/SqFt
House

Location

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5181 Franklin Ave, Los Angeles$2,399,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Carport, Door-Multi, Garage, Gated
Attached GarageYes
Year Built1921
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceLiving Room
ViewCity Lights
MLS #24446357
Lot Size0.18 Acres
StatusActive

About 5181 Franklin Ave

Authentic 1920's Celebrity ready Spanish Villa set above the street atop a gated driveway under the watch of the Griffith Observatory. This architectural gem is a true statement of Old Hollywood replete with systems upgrades and previous involvement by Wallace Neff AIA in earlier renovations. Access is provided through a gated double wide newer driveway with newer electrical vault and drainage upgrades. A front facing entertainer's patio introduces the home with a wisteria covered dining patio plus outdoor seating areas with treetop view patio & BBQ area. The ideal floor plan offers a 2-story great room with hand stenciled wood beam ceilings & walls of glass. A minstrel's loft overlooks the great room and leads to 2 of the 4 en-suite bedrooms upstairs. The primary suite offers DTLA views, walk-in closet and a spa style black and white bath with dual sinks and marble counter tops plus a sep. viewing patio. The second junior primary suite has an additional walk-in closet & renovated bath with clean & crisp white tile. Downstairs are 2 additional bedroom suites currently used as an office and den each with private bath access. The reimagined kitchen feels vintage but has all the modern amenities including dual sinks, abundant cabinets & stainless appliances & features a Bertazzoni 6 burner range and oven. With authentic detailing throughout, Culligan whole house water filtration system, newer HVAC Systems and designer interior lighting by RBW, including Vision 3 lighting accenting the verdant exterior landscaping, this private hilltop manor is the ideal escape from the bustling City below offering easy access to Hollywood/Los Feliz restaurants, nightlife and so much more. Come live your best life at 5181 Franklin Ave.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1921
  • Stories: 2
  • Living Area: 2,285 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (818) 528-3200
  • Listing Agent: Andrew Manning

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Attached Garage: Yes
  • Parking: Covered, Carport, Door-Multi, Garage, Gated

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: On Franklin Ave between Winona Blvd. and Kingsley Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,399,000
  • Price Per SqFt: $1,050/SqFt

Tax Information:

  • Annual Amount: $14,985
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

5181 Franklin Ave vs Los Angeles

78 DAYS ON ROCKET

+40 Days

$2,399,000

+$1.3M More

$1,050/SqFt

+$410 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $410/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24446357

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (818) 528-3200
  • Listing Agent: Andrew Manning

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 2:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 20, 2013Home Sold
$1,100,000
Aug 18, 2005Home Sold
$1,199,000
Mar 07, 2002Home Sold
$711,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,985$1,245,752
2020$14,535$1,232,980
2019$14,489$1,208,805
2018$14,173$1,185,104
2017$14,173$1,161,868

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,259

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1206503
7
/10

  • Los Feliz STEMM Magnet School

  • 1740 N New Hampshire Ave

  • 0.61 miles

  • Public Magnet Grades KG-6

school-card-donut-1206504
5
/10

  • Grant Elementary School

  • 1530 N Wilton Pl

  • 0.70 miles

  • Public District Grades KG-6

school-card-donut-1206505
5
/10

  • Kingsley Elementary School

  • 5200 Virginia Ave

  • 0.96 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $200,000. Typical income of Los Angeles, CA residents is $200k+ annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5181 Franklin Ave

What is the listing price of this property?

The listing price of 5181 Franklin Ave property is $2,399,000.

What type of property is this?

The property 5181 Franklin Ave is a house located in Los Angeles, California, 90027.

Is this property for sale now?

Active Listing: 5181 Franklin Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $14,985 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 20, 2013 for $1,100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5181 Franklin Ave has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 5181 Franklin Ave is 2,285 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5181 Franklin Ave is 1921.

Rocket Homes›California›Los Angeles County›Los Angeles›90027›5181 Franklin Ave

This home is located at 5181 Franklin Ave in Los Angeles, CA and zip code 90027 in the Central LA neighborhood. This 2,285 square foot home, which was built in 1921, sits on a 0.18 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 06, 2024 and is currently priced at $2,399,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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