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3940 Prospect AvenueLos Angeles, CA 90027

For Sale

$1,299,000

Smart Buyer Rebate $12,990

Situated in the coveted hills between Los Feliz and Silver Lake, this charming cottage offers peaceful privacy and a living experience that unfolds beyond the home in a lush private oasis that gradually reveals itself. The front sundeck overlooks neighboring rooftops and the city tableau that lies beyond - a setting for a morning coffee, or an evening glass of wine as the city skylines shimmer in the distance. Inside, hardwood floors, natural light, and preserved architectural details create an immediate sense of warmth. At the heart of the home, the living room opens to city and garden for effortless indoor-outdoor flow, and two generously sized bedrooms are complemented by a beautifully preserved vintage tiled bathroom. The charming kitchen extends through arched openings into a cozy breakfast nook, and the adjacent dining room overlooks the sunny front deck. French doors lead to the private rear patio, where you'll find a lounge area at the patinaed brick fireplace, and an inviting outdoor dining space by the kitchen windows that calls for quiet afternoons or intimate soirees. The landscape of the arising lot by the patio is lush and respectfully manicured, where mature foliages and trees have quietly found their places over decades. Ascending to the property's highest point is the owners' beloved Nest - a secluded sunset lounge situated beneath giant birds of paradise and the sheltering branches of an ancient, knobbly fig tree. The spacious deck of this hidden sanctuary spot feels like a home in itself. Its added bonus features are spectacular twilights and sunset views through the swaying canopy down to the home and to the city lights below. Down at street level, a spacious detached garage, currently used as a workshop for plants and art, offers potential to create a guest studio or ADU (buyer to verify). Moments from the cafes, restaurants, and shops of both Los Feliz and Silver Lake, the hiking trails in Griffith Park, and coveted elementary schools (Franklin & LILA) a short stroll away. This home is a rare find in one of the city's most desirable neighborhoods. For private showings, please text LA1. Thank you.

Listed by Corina Danckwerts

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License #01936860

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Keller Williams Realty Los Feliz

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3234281270

Last updated July 21, 2026

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Source: CRMLS #26858305

Listing Facts

  • TypeSingle-family
  • NeighborhoodFranklin Hills
  • Bedrooms2
  • Bathrooms1
  • Days on Prevu22
  • Size1,017 sqft
  • Price per sqft$1,277

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

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Listing History

07/10/2026
Listed by Keller Williams Realty Los Feliz
$1,299,000

Property Details for 3940 Prospect Avenue

Exterior

Construction

  • Stories: 1
  • Year Built: 1938
  • Architectural Style: Bungalow
  • Common Walls: No Common Walls

Features

  • View: City Lights, Trees/Woods

Measurements

  • Building Area Total: 1,017
  • Lot Size Acres: 0.11
  • Lot Size Area: 4,886
  • Lot Size Square Feet: 4,886
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5433013029

Interior

Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
  • Fireplace Features: Outside
  • Fireplace: Yes
  • Flooring: Wood

Measurements

  • Living Area: 1,017

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2

Parking

Parking

  • Garage: Yes
  • Parking Features: Garage

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 2 bedrooms and 1 bathroom in this single-family home at 3940 Prospect Avenue.

How does 3940 Prospect Avenue compare to other single-family homes in Franklin Hills?

This single-family home is listed 30% below the average price for single-family homes in Franklin Hills and has been on the market for 60 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,017 sqft.

3940 Prospect Avenue is a 2-bedroom, 1-bath single-family home for sale in Los Angeles CA 90027. Available on Prevu for 22 days at $1,299,000. This property features 1,017 square feet of living space, located in Franklin Hills. The median listing price for single-family homes in this area is $1,675,000. Property amenities include dishwasher, air conditioning, parking, swimming pool, and washer/dryer. View other single-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.