tomo logo

$7,000,000

Beds
4
Baths
3.75
sq ft
5,376

8690 Franklin Ave, Los Angeles, CA 90069

8690 Franklin Ave

Los Angeles, CA 90069

  • 68 days on market
Situated in one of Los Angeles' most desirable locations, minutes from LA's best dining, shopping, theaters & museums. Perched atop the Sunset Strip and nestled on a quiet cul-de-sac. Completely, custom built of concrete, steel & glass. Three levels with 14' walls of glass & terraces boasting jaw dropping, unobstructed, truly panoramic views, stretching across the entirety of Los Angeles, encompassing the Griffith Park Observatory, Downtown LA, Catalina, LAX, Century City, Westwood, all the way to the Getty Center. Exquisite European materials, hardware & craftsmanship, throughout. Light & bright, flexible, open flowing space make up the living room w/fireplace, dining, office space w/ built-in book cases, pool table & step down family room with built-in media center and entertainers serving bar, all boasting seemingly endless City to Ocean views. Beautiful, custom, gourmet chef's kitchen with breakfast nook featuring a built-in table and banquette seating. Double, stainless Wolf ranges, with extra large griddle, double stainless Sub-Zero fridges, 148 bottle wine fridge, BBQ-charbroiler, & large, gorgeous, illuminated granite center island complete with bar seating and prep station including: trough style sink & cutting boards. Master suite with "Four Seasons" style marble bath, walk-in closet & private terrace with hot tub overlooking the city. Two additional family bedrooms & bathrooms. Lower level gym with steam, wet & dry saunas, currently being used as 5th bedroom. Attached, but with it's own private entrance, one bedroom, one bath guest unit with complete with living room and kitchenette. Additional features include: Limestone, concrete & blonde French Oak hardwood floors, water filtration system, audio & video wiring, Lutron lighting system, electric blinds, security system with cameras, and fabulous, 16 x 69' full size salt water swimming pool & sundeck, overlooking the entire city. Cul-de-sac provides for plenty of safe, unrestricted street parking. Must see in person, please arrange for private viewing at once! Buyer to verify ALL.

Details

Property type

Single Family Residence

Est. home value

$3,588,218

Lot size

5,137 sq ft

Price per sq ft

$1,303

Year built

1957

HOA

No

Price History

09/14/2024
CLAW

CLAW #24439859

Listed
$7,000,000
-6.67%
02/01/2024
CLAW

CLAW #21675006

Removed
$7,500,000
06/13/2023
CLAW

CLAW #21675006

Listed
$7,500,000

Schools & Community

Neighborhood: 

Hollywood Hills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Best Solar Power Inc

Loan start date

November 2022

Original loan amount

$30,000

Est. remaining balance

Not provided

Interest rate

6.92%

Loan type

Commercial

Seller

Christopher Murthu and Christopher Murphy Living Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 7:15 AM

Listing updated: 09/28/2024 at 10:59 AM

Listed by: Heather Gussman, Gussman Czako Estates Phone #: (310) 600-0608

MLS: CLAW #24439859

CLAW logo

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