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8692 Franklin Ave Los Angeles, CA, 90069
$1,498,000 Land for sale 0.14 acres
Perched above the iconic Sunset Strip in the prestigious Hollywood Hills, this expansive 5,986 square foot vacant lot offers a rare opportunity to construct a custom architectural masterpiece. With panoramic views of West Hollywood, this prime location combines the allure of luxury living with the privacy and exclusivity desired by those looking to craft their dream home in one of Los Angeles' most sought-after neighborhoods. This generous parcel of land provides ample space for a size-able residence alongside potential outdoor amenities such as a pool, terraced gardens, and expansive decks designed to showcase the stunning vistas. The lot's conducive topography and dimensions invite innovative architectural designs, allowing for a residence that not only harmonizes with its natural surroundings but also maximizes the potential for natural light and breathtaking cityscape panoramas. Nestled in a serene enclave of the Hollywood Hills, this property promises a secluded retreat from the city's hustle while maintaining close proximity to luxury dining, entertainment, and shopping destinations. It represents an exceptional investment opportunity, with vacant lots in this area being a rarity. This is more than just a piece of land; it's a blank canvas awaiting an architectural vision,
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Property details
5,988 sqft interior area
View
City Lights, Panoramic
Land area
5,988 sqft (0.14 acres)
Price per sqft
$250/sqft
Days on Verhouse
59
Address
8692 Franklin Ave, Los Angeles, CA, 90069
City of California
Los Angeles
County
Los Angeles
District
Listing
Zoning
LAR1
Open Houses
No upcoming open houses
Listed by
Mark Macfarlane, Vimvi California
Name
Mark Macfarlane
License number
01795440
Brokerage company
Vimvi California
MLS #
CRP1-16951
Payment calculator
Calculate your monthly payments
Mortgage
$4,600
Taxes
$0
HOA dues
$0
Mortgage
$299,600 / 20%
2.28%
30 years
Your amount
$4,600 / month
Lot details
TMK #5558019011
Lot Description
Sloped Down, Steep Slope
Parcel #
5558019011
90069 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90069
33%
Families with children
National average: 39%
63%
Non family households
315,533
Population
$137,445
Average Income
Age & gender
Median age 40 years
More info
Commute types
75% commute by car
More info
Education level
41% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
53% have 1 vehicle
More info
Vehicles by gender
53% have 1 vehicle
More info
Housing market insights for
$2.72m
Neighborhood average
sales price*
sales price*
$1.8m
Neighborhood median
sales price*
sales price*
718
Number
of sales*
of sales*
Housing type
36% are apartments
More info
Rooms
37% of the houses have 2 or 3 rooms
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Bedrooms
44% have 2 or 3 bedrooms
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Owners vs Renters
66% are renters
More info
7.17 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Utilities
Other Water/Sewer, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer On Site, Telephone
Utilities
Other Water/Sewer, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer On Site, Telephone
Location Details, Documents & Disclosures
—
Directions to property
From Sunset Blvd/La Cienega Blv
Price history
New Listing Mar 21, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 21, 2024 | New Listing | $1,498,000 -23.18% | 250.17 | MLS #CRP1-16951 |
| Jan 1, 2024 | Unavailable | $1,950,000 | 0 | MLS #CL23272091 |
| May 18, 2023 | New Listing | $1,950,000 | 325.05 | MLS #CL23272091 |
Agent viewpoints of 8692 Franklin Ave, Los Angeles, CA, 90069
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Frequently Asked Questions about 8692 Franklin Ave
What is 8692 Franklin Ave?
8692 Franklin Ave is a lot of 0.14 acres (about is 5,988 sqft).
What is the full address of this Land?
8692 Franklin Ave, Los Angeles, CA, 90069.
Tell me about the point of interest nearby
The closest grocery stores are Trader Joe's, 0.69 miles away and Gelson's Market, 0.69 miles away.
Based on information from the bridgeMLS as of 05-19-2024. 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.
Listing last updated on: Mar 22, 2024
Verhouse Last checked 44 minutes ago
The closest grocery stores are Trader Joe's, 0.69 miles away and Gelson's Market, 0.69 miles away.
The 90069 zip area has a population of 315,533, and 33% of the families have children. The median age is 40.25 years and 75% commute by car. The most popular housing type is "apartment" and 66% is renter.
