See Home Value
$4,158,706*
House - Off Market

8516 Franklin Ave

Los Angeles, CA 90069
bedrooms
3 Beds
bathrooms
4 Baths
$3,015,000 - $3,685,000
Reference Base Price*
24.14%
Since Apr 1, 2021
CA-Los Angeles
Primary Model
Sold Jun 03, 2021
$3,083,000
$2,158,100 by Mortgage Capital Partners Inc
Mortgage Due Jun 01, 2051
Sold Jul 14, 2017
$3,215,000

About This Property

Welcome to your gorgeous private oasis tucked away in the Hollywood Hills. // What to know: Stunning, clean, modern design and unparalleled style embrace a bright and open layout. The incredible outdoor setting is perfect for year-round enjoyment. // You'll love: The soaring ceilings and thoughtful use of windows throughout providing a special connection to the outdoors. All three bedrooms have their own en-suite baths with lush greenery visible through every window providing a true sense of tranquility and calm. // Your favorite spot will be: Relaxing or entertaining guests on the spacious deck overlooking the luscious backyard with refreshing pool and fire-pit with built-in seating. The detached two-car garage provides a great flex space alternative as well. // Notable about the neighborhood: This Shangri-La retreat is minutes to the many Sunset Strip and West Hollywood attractions.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1938

Price History

Date / Event Date Event Price
Jun 3, 2021 Sold to Viet X Do $3,083,000
Sold to Viet X Do
Mar 21, 2021 No longer available -
No longer available
Mar 12, 2021 Relisted $3,350,000
Relisted
Feb 1, 2021 In contract -
In contract
Nov 9, 2020 Listed $3,350,000
Listed

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,552
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,130
  • Building Area: 2,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,130
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 8500
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 8500 LOT/SEC 216

Ownership

  • Current Owner : DO VIET X
  • Current Owner 2: THE TREEHOUSE TRUST
  • Previous Owner : KRAUSE STEFAN GEORG ULRICH
  • Owner Before Previous Owner: FOULARD GEORGIA GATOURA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 194200

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 33-E3
  • Subdivision Tract Number: 8500
  • Parcel: 5558-025-023
  • Lot: 216
  • Municipality: WEST /HOLLYWOOD HILS
  • Latitude: 34.1006
  • Longitude: -118.376

    Address

  • Full Address: 8516 Franklin Ave
  • Address - House Number: 8516
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C015
  • 4-Digit Zip Code: 1402
  • Zip Code: 90069

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,256
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 2,980,633
  • High Value: 3,557,412
  • Low Value: 2,403,854

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,158,100
  • First Open Lien Mortgage Lender: MORTGAGE CAPITAL PARTNERS INC
  • First Open Lien Mortgage Recording Date: Jun 03, 2021
  • First Open Lien Mortgage Loan Amount: $2,158,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,207,552
  • Assessed Land Value: $2,566,042
  • Assessed Improvements Value: $641,510

    Sales

  • Current Sale Contract Date: Mar 26, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Transaction ID: 11837752696
  • Current Sale Price: $3,083,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0882161
  • Previous Sale Recording Date: Jul 14, 2017
  • Previous Sale Contract Date: Jul 10, 2017
  • Previous Sale Amount: $3,215,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE CAPITAL PARTNERS INC
  • First Mortgage Transaction Date: Jun 03, 2021
  • First Mortgage Loan Amount: $2,158,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3.5 Baths
3,708 ft²
$874/ft²
$3,240,000 Feb 7, 2023
-
-
House
3 Beds
3 Baths
2,300 ft²
$1,300/ft²
$2,990,000 Jan 18, 2023
-
-
House
4 Beds
3 Baths
2,780 ft²
$1,169/ft²
$3,250,000 Feb 6, 2023
-
-
In Contract
House
2 Beds
3 Baths
2,805 ft²
$1,032/ft²
$2,895,000 Nov 23, 2022
-
-
House
2 Beds
3 Baths
2,621 ft²
$1,518/ft²
$3,979,000 Nov 29, 2022
-
-
House
4 Beds
4 Baths
3,439 ft²
$1,105/ft²
$3,800,000 Feb 13, 2023
-
-
House
4 Beds
3.5 Baths
3,210 ft²
$1,199/ft²
$3,850,000 Jan 24, 2023
-
-
Condo
3 Beds
3 Baths
2,570 ft²
$1,165/ft²
$2,995,000 Jan 12, 2023
-
$770/mo
House
4 Beds
5 Baths
3,627 ft²
$1,034/ft²
$3,749,000 Jul 1, 2022
-
-
House
4 Beds
5 Baths
4,400 ft²
$898/ft²
$3,950,000 Feb 28, 2023
-
-
House
5 Beds
7 Baths
4,421 ft²
$881/ft²
$3,895,000 Feb 1, 2023
-
-
Land
Loft
-
-
$2,995,000 Feb 21, 2023
-
-

About West Los Angeles


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Frequently Asked Questions

When was property at 8516 Franklin Avenue built and last sold?
The property at 8516 Franklin Avenue was built in 1938 and last sold on Mar 26, 2021 for $3,083,000.
How much is this home worth?
The estimated value of the home located at 8516 Franklin Avenue is $3,383,500.
What are some comparable homes to 8516 Franklin Avenue?
There are currently no comparable homes to 8516 Franklin Avenue.

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