Check Availability
$7,000,000
House - For Sale

8690 Franklin Ave

Los Angeles, CA 90069
bedrooms
5 Beds
bathrooms
3 Baths
square feet
5376 Sqft
$34,372
Estimated Monthly
$0
HOA / Fees

About This Property

Experience the pinnacle of luxury living in this custom-built entertainer's dream, perched majestically just above Sunset Boulevard in the prestigious Hollywood Hills. This meticulously crafted residence seamlessly blends sophistication with functionality, offering a wealth of amenities to elevate your lifestyle.Upon entering, the grandeur of the property unfolds with exquisite French limestone flooring that guides you through an interior adorned with timeless elegance. The chef's kitchen is a masterpiece, featuring European Granite Counters, SS double Wolf ranges, and Sub-Zero refrigerators/freezers. The culinary space is designed for both style and practicality, complete with a 48-inch Wolf range stove, a 148-bottle wine cellar with Subzero storage, and a BBQ/char-broiler. The expansive living areas are adorned with 14-inch walls of glass, creating a seamless connection between the indoor and outdoor spaces. Revel in the breathtaking 270-degree views that stretch from Griffith Park Observatory, Downtown LA, and the Pacific Ocean to the Getty Center. This unparalleled panorama is further enhanced by the meticulously landscaped surroundings and the captivating saltwater pool, just under 60 feet, inviting you to relax in style. Entertain effortlessly with a fully furnished interior, a pool table, and stainless steel deck furniture that complements the chic ambiance. The step-down family room, adorned with European limestone and granite, boasts a built-in flat screen and wet bar, providing an ideal setting for gatherings. The master suite is a sanctuary of opulence, featuring a fireplace, a "Four Seasons" bath, and a private terrace with a hot tub overlooking the city. Two additional bedrooms and baths, along with an attached one-bedroom, one-bath guest unit with a kitchenette and separate entrance, cater to diverse accommodation needs.This residence is not just a home; it's an experience. Additional features include a fitness center with wet and dry saunas, a steam shower, Lutron Lighting, electric blinds, water filtration system, and state-of-the-art audio/video/ethernet wiring. Embrace the epitome of Hollywood Hills living in this meticulously designed masterpiece where every detail has been curated to offer unparalleled luxury and entertainment. *5th bedroom is a considered a bonus room, buyer to do own due diligence*

The manager has listed the unit size as 5376 square feet.
Unit Size
5,376Ft²
Days on Market
72 days
Land Size
0.12 acres
Price per sqft
$1,302
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
Listed By
Last updated: 2 months ago (CLAWCA #355423)

Price History

Date / Event Date Event Price
Feb 15, 2024 Listed by The Agency $7,000,000
Listed by The Agency

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Modern
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,135
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 700
  • Total Building Area: 5,376
  • Building Area: 5,376
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 5,376
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 8183
  • Land Acres: 0.118
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 8183 LOT/SEC 18

Ownership

  • Ownership Rights Codes: Life Tenant
  • 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-D3
  • Subdivision Tract Number: 8183
  • Parcel: 5558-019-010
  • Lot: 18
  • Municipality: WEST /HOLLYWOOD HILS
  • Latitude: 34.0979
  • Longitude: -118.379

    Address

  • Full Address: 8690 Franklin Ave
  • Address - House Number: 8690
  • Address - Street Name: Franklin
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C015
  • 4-Digit Zip Code: 1408
  • Zip Code: 90069

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,429
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.227
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 2,043,543
  • High Value: 2,507,630
  • Low Value: 1,579,457

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,270,000
  • First Open Lien Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 29, 2003
  • First Open Lien Mortgage Loan Amount: $990,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2033
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Sep 08, 2005
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 477
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 13, 2045
  • Third Open Lien Mortgage Lender: BEST SOLAR POWER INC
  • Third Open Lien Mortgage Recording Date: Jan 10, 2023
  • Third Open Lien Mortgage Loan Amount: $30,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Jan 10, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,295,982
  • Assessed Land Value: $409,799
  • Assessed Improvements Value: $886,183

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
6 Baths
5,000 ft²
$1,190/ft²
$5,950,000 Jan 23, 2024
-
$1,750/mo
House
4 Beds
4.5 Baths
6,179 ft²
$1,133/ft²
$6,999,000 Jul 31, 2023
-
-
House
4 Beds
1.5 Baths
4,368 ft²
$1,418/ft²
$6,195,000 Feb 12, 2024
-
-
House
4 Beds
5 Baths
4,159 ft²
$1,563/ft²
$6,499,000 Dec 19, 2023
-
-
House
5 Beds
4.5 Baths
4,725 ft²
$1,587/ft²
$7,500,000 Dec 1, 2023
-
-
House
5 Beds
5.5 Baths
4,238 ft²
$1,876/ft²
$7,950,000 Nov 8, 2023
-
-
Condo
3 Beds
3.5 Baths
3,010 ft²
$2,159/ft²
$6,500,000 Sep 6, 2023
-
$7,732/mo
Condo
3 Beds
3.5 Baths
2,604 ft²
$2,419/ft²
$6,300,000 Jan 19, 2023
-
$6,833/mo

About West Los Angeles


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Frequently Asked Questions

When was property at 8690 Franklin Avenue built and last sold?
The property at 8690 Franklin Avenue was built in 1957 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8690 Franklin Avenue is $7,070,000.
What are some comparable homes to 8690 Franklin Avenue?
Homes that are comparable to 8690 Franklin Avenue include a house property at 1750 Viewmont Drive, 1924 Sunset Plaza Drive, 1521 North Kings Road.

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