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5346 Franklin Avenue, Los Angeles, CA 90027

Los Angeles
Local realty services provided by:CENTURY 21 Sierra Properties
5346 Franklin Avenue,Los Angeles, CA 90027
$3,700,000
  • 0.41 Acres
  • Lots / Land
  • Active
Listed by: jacob zacuto
Office: zacuto group
MLS#:CL26647655
Source:Bay East, CCAR, bridgeMLS

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 #:CL26647655
  • Added:59 day(s) ago
  • Updated:April 05, 2026 at 02:27 PM

Structure and exterior

  • Lot area:0.41 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$3,700,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at April 5, 2026

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