5346 Franklin Avenue
Los Angeles, CA 90027
17,866Sqft(Lot)
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 fo
Property Details
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Features
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Lot Information
Main Square Feet: 17866 Lot Size Acres: 0.4101 Lot Size Source: Other Lot Size Square Feet: 17,866
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Listing Price Information
Listing Price: $3700000
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Tax Information
Parcel Number: 5544006033
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Location Information
Direction: Franklin Avenue west of Western Ave
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4773 Hollywood Boulevard, Los Angeles, CA, 90027 | $8,500,000 | -- | -- | -- | 28,498 Sqft(Lot) |
| 2521 Nottingham, Los Angeles, CA, 90027 | $1,100,000 | -- | -- | -- | 114,856 Sqft(Lot) |
Similar Land To 5346 Franklin Avenue
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ByOwner last updated this listing 08/04/2026 @ 07:16
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