5346 Franklin Avenue, Los Angeles, CA 90027

Local realty services provided by:ERA Excel Realty
5346 Franklin Avenue,Los Angeles, CA 90027
$3,700,000
  • 0.41 Acres
  • Lots / Land
  • Active
Listed by: jacob zacuto
Office: zacuto group
MLS#:26647655
Source:CRMLS

Price summary

  • Price:$3,700,000

About this home

Rare opportunity to acquire two side-by side development sites totaling approximately 17,866 square feet of R3-1 zoned land, located at 5346 and 5352 Franklin Avenue in the highly sought-after Los Feliz submarket of Los Angeles. Offered together at a combined asking price of $3,700,000, these parcels provide exceptional CEQA-exempt development potential with meaningful scale, flexible entitlement options, and strong alignment with the city's housing production priorities. Each parcel is approximately 8,933 square feet and must be developed independently due to limitations under Section 7.A of the Vermont/Western SNAP (Station Neighborhood Area Plan, Subarea A), which restricts lot mergers exceeding 15,000 square feet. While this may seem like a limitation, it creates a strategic opening for developers to pursue two separate high-density projects either simultaneously or in a phased approach. Each site is capable of delivering over 100 units with ministerial approvals and no CEQA

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Home facts

  • Listing ID #:26647655
  • Added:8 day(s) ago
  • Updated:February 10, 2026 at 02:31 PM

Structure and exterior

  • Lot area:0.41 Acres

Finances and disclosures

  • Price:$3,700,000
Based on information from California Regional Multiple Listing Service, Inc. as of February 13, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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