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$1,200,000
Est. payment /mo
2 Beds
1 Bath
951 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 951 sqft
Price per Sqft $1,261
MLS Listing ID P1-25503
Bedrooms 2
Full Baths 1
Year Built 1948
Lot Size 7,846 Sqft
Property Sub-Type Detached
Property 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.
Location
State CA
County Los Angeles
Community Horse Trails
Direction From Mayview, turn left onto Clayton
Interior
Heating Wall/Gravity
Fireplace No
Appliance Refrigerator, Gas Oven
Exterior
Fence Needs Repair
View Y/N Yes
Water Access Desc Public
View Mountains/Hills, City Lights
Porch Wood
Building
Sewer Sewer Paid
Water Public
Others
Senior Community No
Tax ID 5430016019
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
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Listed by Patrick Cochran Coldwell Banker Realty
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