Description
Prime Franklin Hills fixer with exceptional upside. This 1948 cottage with 951 sq. ft. of living space, including 2 bedrooms and 1 bathroom, is on an expansive 7,846 sq. ft. lot. Perched on a hillside with stunning city views, the property presents a rare opportunity for redevelopment, expansion, or a value-add renovation in one of Los Angeles' most sought-after neighborhoods.The generous lot size and elevated setting make it an ideal candidate for a new custom single-family residence or a creative redevelopment project (buyer to verify zoning and permitting with the City of Los Angeles). Two additional detached structures on the property offer potential for studio, office, or storage use, further enhancing redevelopment flexibility.Surrounded by lush greenery, the site provides privacy, tranquility, and dramatic views--key attributes for high-end resale or long-term investment. Just minutes from Los Feliz Village, Griffith Park, and major dining, shopping, and entertainment destinations, this property combines strong location fundamentals with significant future potential. www.3864Clayton.com
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2BEDS
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0.18ACRES
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1BATHS
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01/2 BATHS
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951SQFT
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$1,262$/SQFT
School Ratings & Info
Description
Prime Franklin Hills fixer with exceptional upside. This 1948 cottage with 951 sq. ft. of living space, including 2 bedrooms and 1 bathroom, is on an expansive 7,846 sq. ft. lot. Perched on a hillside with stunning city views, the property presents a rare opportunity for redevelopment, expansion, or a value-add renovation in one of Los Angeles' most sought-after neighborhoods.The generous lot size and elevated setting make it an ideal candidate for a new custom single-family residence or a creative redevelopment project (buyer to verify zoning and permitting with the City of Los Angeles). Two additional detached structures on the property offer potential for studio, office, or storage use, further enhancing redevelopment flexibility.Surrounded by lush greenery, the site provides privacy, tranquility, and dramatic views--key attributes for high-end resale or long-term investment. Just minutes from Los Feliz Village, Griffith Park, and major dining, shopping, and entertainment destinations, this property combines strong location fundamentals with significant future potential. www.3864Clayton.com
Based on information from CRISNet MLS as of 2026-02-11T07:16:46.66. 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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Based on information from the i-Tech MLS as of 2026-02-11T07:16:46.66. 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.