For Sale
Single family home for sale at 5231 Franklin Ave, Los Angeles, CA 90027 | MLS# 26658509 | Listing updated on 2026-07-31
Photo 1 of Single family home for sale at 5231 Franklin Ave, Los Angeles, CA 90027 | MLS# 26658509 | Listing updated on 2026-07-31
Photo 2 of Single family home for sale at 5231 Franklin Ave, Los Angeles, CA 90027 | MLS# 26658509 | Listing updated on 2026-07-31
Photo 3 of Single family home for sale at 5231 Franklin Ave, Los Angeles, CA 90027 | MLS# 26658509 | Listing updated on 2026-07-31
Photo 4 of Single family home for sale at 5231 Franklin Ave, Los Angeles, CA 90027 | MLS# 26658509 | Listing updated on 2026-07-31
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Listed by: Victoria Massengale (323) 640-2924 DRE #01397097, Michael Maguire DRE #01762981 | Compass (323) 593-6999

$3,400,000

Monthly Est:$16,923

  • Beds Icon5 Beds
  • Beds Icon
    4 Baths
  • Beds Icon4,743sqft

5231 Franklin Ave, Los Angeles, CA 90027

$16,923/moEst:

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  • Single Family Residence

  • Built in 1921

  • $-- HOA

  • 23,530 sqft lot

  • $717/sq.ft

Description

Step into the prestigious Laughlin Park neighborhood and discover a hidden gem awaiting its revival. Five bedrooms, four bathrooms, and an impressively large lot that exudes potential. Elevated above the street and shrouded by trees, this once-grand home boasts the timeless charm and sophistication of its era. The entrance welcomes you with a classic pathway and a gate that opens to the famous Laughlin Park - a serene oasis in the heart of the bustling city. However, this property requires an inspired buyer with an eye for design and a passion for renovation. The interior is a blank canvas, waiting to be transformed into a breathtaking masterpiece. Every room needs work, and the home is in need of a complete overhaul. But the reward is great: the chance to create your own vision and restore this residence to its former glory. The potential is endless, limited only by your imagination. You could create an entertainer's paradise or a tranquil retreat, all while enjoying the lush surroundings that surround the property. 5231 Franklin is the perfect opportunity for those who appreciate the magic of restoration and the rewards of patience. Take advantage of this rare opportunity and create a legacy in one of Los Angeles' most sought-after neighborhoods.

  • Houzeo last checked: 12 hours ago
  • Listing updated: July 31, 2026 at 2:23 pm
  • Source: California Regional MLS-CA | MLS#: 26658509 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    2

  • County

    Los Angeles County

  • City

    Los Angeles

  • Neighborhood

    --

  • Year Built

    1921

  • HOA Fees

    -

  • Finished Area

    4,743 sqft

  • Lot Size

    23,530 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    26658509

  • MLS Status

    Active

  • Days on Market

    245

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 5

    Bathrooms: 4

Interior

  • Flooring

    Wood

  • Interior Features

    Ceiling Fans

  • Sewer

    Other

  • Appliances

    Dishwasher, Refrigerator

  • Heating

    Forced Air

  • Cooling

    None

Construction

  • Year Built

    Year Built: 1921

  • Home type

    Single Family Residence

  • Property Condition

    Repairs Major

  • Architectural Style

    Mediterranean

  • Roof

    Shingle, Tile

Utilities & Energy

  • Water Source

    Public

  • Laundry Features

    Inside

  • Fireplace Features

    Decorative

  • Pool Features

    In Ground

  • Parking Features

    Door Multi, Garage

Other Features

  • Patio And Porch Features

    Porch

Price History

DateEventPrice

03/02/2026

Source: mls_logoCalifornia Regional MLS-CA #26658509

Listed for Sale

$3,750,000 +10.29%

$791/sqft

03/02/2026

Source: mls_logoCalifornia Regional MLS-CA #26658509

Price Decreased

$3,400,000 -28.42%

$717/sqft

07/14/2023

Source: mls_logoCalifornia Regional MLS-CA #23288003

Off Market

$4,750,000

$1,001/sqft

Nearby Homes

Based on information from California Regional Multiple Listing Service, Inc. as of Nov 02, 2026, 02:15PM 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. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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