Jeff Franklin, creator of the sitcom "Full House," has listed his Los Angeles mansion for $247,500 per month. The property occupies the site of the 1969 Tate murders, one of the most notorious crimes in American history.
The home sits at 10050 Cielo Drive in the Benedict Canyon area of Los Angeles. Charles Manson's followers murdered actress Sharon Tate and four others there on August 9, 1969. The original house was demolished in 1994, and Franklin's residence now stands on the same location.
Franklin acquired the property and rebuilt it into a contemporary luxury estate. The rental price positions it in the ultra-premium market, targeting wealthy tenants seeking high-end Los Angeles accommodations. At that monthly rate, annual rental income reaches approximately $2.97 million.
The listing presents a unique proposition for renters. The property's historical notoriety carries weight. Some potential tenants view ownership or rental of historically significant properties as a mark of status. Others find the association troubling and avoid such locations entirely. Real estate professionals have long observed that properties linked to famous crimes develop distinct market dynamics.
For sellers and landlords in Los Angeles, this listing demonstrates the rental market's depth at luxury price points. Even homes with dark historical associations command premium rates when they offer the right amenities, location, and finishes. The Benedict Canyon area remains coveted for its privacy, views, and proximity to Hollywood.
For renters, the $247,500 monthly asking price puts this property firmly out of reach for most Los Angeles residents. The rental market at this level serves entertainment industry figures, international investors, and ultra-high-net-worth individuals seeking temporary or seasonal housing.
Franklin's decision to monetize the property through rental rather than sale reflects real estate strategy common among wealthy owners. Renting generates consistent cash flow while maintaining ownership and
