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$1,498,000   Price Analysis
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8692 Franklin Ave
Los Angeles, CA 90069
Unknown bed 0 bath unknown SqFt ($0/SqFt)
5,988SqFt lot.
Listed 2024-03-22, Taxes $19,841
Ⓧ USDA Ineligible
due to property

near West Hollywood

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 crft 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 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 a piece of land; it's a blank canvas awaiting an architectural vision, offering the chance to create a bespoke residence that encapsulates personal style and sophistication in Los Angeles' most glamorou s neighborhood.


Presented by Mark Macfarlane at
Vimvi California.


Property MLS #P1-16951 from CRMLS

Fencing: Fence YN: Yes, Fencing: Chain Link
Road Frontage Type: City Street
Road Surface Type: Paved

Lot Description: Sloped Down, Value In Land, Steep Slope
Lot Size Acres: 0.1374656
Lot Size Source: Public Records
Lot Size Square Feet: 5988

View: City Lights, Panoramic

Association: No
Calculated Total Monthly Association Fees: 0

Community Features: Foothills

Source Listing Status: Active
County: Los Angeles
Current Use: Residential
Directions: From Sunset Blvd/La Cienega BlvdHead East 500ft on SunsetTurn left on Queens RdTake Queens Rd to Franklin AveTurn Left on Franklin AveLot is on the Left between 8690 & 8698Across from 8693
Source Property Type: Land
Possible Use: Residential
Area: C03 - Sunset Strip - Hollywood Hills West
Source Neighborhood: C03 - Sunset Strip - Hollywood Hills West
Parcel Number: 5558019011
Postal Code Plus 4: 1408
Zoning: LAR1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$141,908 + $1,471,649
$1,613,557
$19,841
2021$139,126 + $1,442,794
$1,581,920
$18,842
2020$unknown + $1,560,600
$1,560,600
$18,978
2019$unknown + $1,530,000
$1,530,000
$18,216
2018$unknown + $1,478,772
$1,478,772
$18,508
2017$289,955 + $1,159,821
$1,449,776
$17,531
2016$284,270 + $1,137,080
$1,421,350
$17,126
2015$280,000 + $1,120,000
$1,400,000
$16,873
2014$85,277 + $949,468
$1,034,745
$12,724
2013$84,892 + $945,177
$1,030,069
$12,718
2012$83,228 + $926,645
$1,009,873
$12,862
2010$81,597 + $908,476
$990,073
$12,571
2009$81,181 + $903,830
$985,011
$12,109
2009$80,988 + $901,687
$982,675
$12,109
2008$79,590 + $886,108
$965,698
$11,579
2007$78,030 + $868,734
$946,764
$11,206

Listed 2024-03-22
$1,498,000
CRMLS
Listing removed 2024-01-02
$0
TheMLSCLAW
Listed 2023-05-19
$1,950,000
TheMLSCLAW
Listing removed 2018-05-25
$1,650,000
TheMLSCLAW
Sold 2018-05-23
$1,500,000
TheMLSCLAW
Listed 2017-07-13
$1,650,000
SanDiegoMLS
Listed 2017-07-13
$1,650,000
TheMLSCLAW
Listing removed 2017-02-19
$1,695,000
TheMLSCLAW
Price Changed 2017-01-26
$1,695,000
TheMLSCLAW
Listed 2016-11-18
$1,895,000
TheMLSCLAW
Listing removed 2016-09-02
$2,295,000
TheMLSCLAW
Price Changed 2016-07-14
$2,295,000
TheMLSCLAW
Listed 2016-06-01
$2,495,000
TheMLSCLAW
Sold 2014-10-10
$1,400,000
Public Record
Listing removed 2013-12-17
$1,399,000
TheMLSCLAW
Price Changed 2013-10-28
$1,399,000
TheMLSCLAW
Relisted 2013-10-23
$1,299,000
TheMLSCLAW
Listing removed 2013-10-22
$1,299,000
TheMLSCLAW
Listing removed 2013-10-09
$5,500
TheMLSCLAW
Listed for rent 2013-09-20
$5,500
TheMLSCLAW
Listed 2013-09-20
$1,299,000
TheMLSCLAW
Listing removed 2008-09-29
$489,000
ITECH
Listing removed 2008-09-29
$529,000
ITECH
Listing removed 2008-09-28
$495,000
ITECH
Sold 2005-01-19
$910,000
ITECH
Listed 2004-10-29
$889,000
ITECH
Sold 2002-03-13
$530,000
ITECH
Listed 2002-01-22
$525,000
ITECH
Listing removed 2000-05-02
$459,000
ITECH
Listed 2000-02-02
$459,000
ITECH
Listed 1999-10-06
$489,000
ITECH
Listed 1999-09-29
$529,000
ITECH
Listed 1998-05-18
$495,000
ITECH
Sold 1996-01-09
$335,000
Public Record

Sewer: Public Sewer
Cable Available
Water Available
Sewer Available
Phone Available
Natural Gas Available
Electricity Available
Water Source: Public

Fairfax Senior High School is a public high school located approximately 1.5 miles away.
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Gardner Street Elementary School is a public elementary school located approximately 1.5 miles away.
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Hubert Howe Bancroft Middle School is a public middle school located approximately 2.5 miles away.
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Pacific Hills School is a private middle and high school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.