3950 Franklin Avenue
Los Angeles, CA, 90027
$1,675,000
MLS: WS26031380
Beds
3
Baths
4
Sq Ft
1,647
Lot
0.10 ac
Year Built
1947
MLS #
WS26031380
Days on Market
50
Listed
Feb 14, 2026
Description
Tucked away in the serene and highly sought-after Franklin Hills neighborhood, just steps from the iconic Shakespeare Bridge, 3950 Franklin Avenue is a versatile home that offers a rare blend of privacy, space, and convenience. The residence features a spacious, flat backyard—an uncommon find in the hills—making it perfect for entertaining during LA’s long summers and mild winters. Inside, the home offers 3 bedrooms and 3.5 bathrooms in total. The main residence features 2 bedrooms and 2.5 baths, while a fully permitted attached Junior ADU provides an additional 1 bed/1 bath—ideal for guests, extended family, or rental income. Peekaboo views of the Griffith Observatory framed by treetops bring a sense of tranquility and connection to nature. Enjoy fresh avocados and lemons year-round from mature fruit trees, or simply relax outdoors surrounded by lush greenery that offers a peaceful escape from city life. Features include engineered wood flooring, new central HVAC & ducts, new mini split in JADU, tankless water heater, 200 amp panel, new windows, new electrical re-wire throughout the house, newer plumbing, cement plaster shower walls and more. Driveway parking for two cars. Located just a 15-minute stroll across the historic Shakespeare Bridge, you’ll find all the charm and convenience of Hillhurst Avenue—home to beloved local spots like Alcove, Little Dom’s, All Time, Encanto, and Jeni’s Ice Cream. Frequent hikes in nearby Griffith Park, and easy access to Los Feliz Village, make this home perfect for anyone seeking both serenity and a vibrant community lifestyle. Ideally positioned just minutes to Silver Lake, Atwater Village, Virgil Village, and Hollywood—this is a rare opportunity to own a peaceful retreat in one of the city’s most coveted neighborhoods.
Location
Los Angeles, Los Angeles County, CA 90027
Open on Google Maps ↗Listed by: KELLY TRAN · Compass
Payment estimate
$11,935
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $167,500 · Loan: $1,507,500
- Principal & Interest
- $9,262
- Property tax (1.25%)
- $1,745
- Homeowners insurance
- $300
- Mortgage insurance
- $628
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $58,625 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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