8564 Franklin Avenue, Los Angeles, California 90069, Los Angeles, 90069 - 1 bed, 2 bath
ACTIVE$1,550,000
8564 Franklin Avenue, Los Angeles, California 90069
1Bed
2Baths
917Sqft
5,653Lot
Year Built
1955
Close
-
List price
$1.55M
Original List price
$1.6M
Price/Sqft
$1,690
HOA
-
Days on market
-
Sold On
-
MLS number
25484679
Home ConditionFair
Features
Good View: City Lights
Patio
ViewCity Lights
About this home
Possibly Over-Priced:The estimated price is 19% below the list price. We found 2 Cons,3 Pros. Rank: price - $1.55M(7th), sqft - 917(6th), beds - 1(4th), baths - 2(14th).
Updated home close to Sunset Strip/Plaza. Two car garage with plenty of street parking. VIEWS, VIEWS, VIEWS. Leave as is or potential to expand. DO NOT DISTURB TENANT.
Price History
Date
Event
Price
01/20/17
Sold
$905,000
03/13/15
Sold
$1,145,000
01/10/14
Sold
$900,000
03/31/94
Sold
$170,000
Condition Rating
Fair
The property was built in 1955 and is described as 'updated'. The kitchen appears functional but not recently renovated. Bathrooms show some updates but are not modern. Given the age and the level of visible updates, it likely requires some minor updates or repairs to bring it to a more modern standard. The description mentions potential to expand, suggesting the current structure might not be ideal as-is.
Pros & Cons
Pros
Location: Prime location close to the Sunset Strip/Plaza, offering convenient access to entertainment, dining, and shopping.
Views: Exceptional city lights views, enhancing the property's desirability and market value.
Development Potential: Opportunity to expand the existing structure, allowing for customization and increased property value.
Cons
Tenant Occupied: The property is currently tenant-occupied, potentially limiting immediate access and requiring coordination for showings.
Limited Information: Limited details available regarding the extent of the updates and the overall condition of the property beyond the 'updated' description.