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Prime Franklin Hills fixer with exceptional upside. This 1948 cottage with 951 sq. ft. of living space, including 2 bedrooms and 1 bathroom, is on an expansive 7,846 sq. ft. lot. Perched on a hillside with stunning city views, the property presents a rare opportunity for redevelopment, expansion, or a value-add renovation in one of Los Angeles' most sought-after neighborhoods.The generous lot size and elevated setting make it an ideal candidate for a new custom single-family residence or a creative redevelopment project (buyer to verify zoning and permitting with the City of Los Angeles). Two additional detached structures on the property offer potential for studio, office, or storage use, further enhancing redevelopment flexibility.Surrounded by lush greenery, the site provides privacy, tranquility, and dramatic views--key attributes for high-end resale or long-term investment. Just minutes from Los Feliz Village, Griffith Park, and major dining, shopping, and entertainment destinations, this property combines strong location fundamentals with significant future potential. www.3864Clayton.com
Property Type(s):
Single Family
| Last Updated | 2/24/2026 | Year Built | 1948 |
|---|---|---|---|
| Community | 637 - Los Feliz | County | Los Angeles |
Price History
| Prior to Feb 24, '26 | $1,200,000 |
|---|---|
| Feb 24, '26 - Today | $998,000 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Oven, Refrigerator, Water Heater |
| AREA | 637 - Los Feliz |
| HEAT | Wall Furnace |
| LOT | 7845 sq ft |
| LOT DIMENSIONS | 7846 |
| PARKING | Driveway |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Hills |
| WATER | Public |
Location
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Listed with Coldwell Banker Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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