The area is residential and generally affluent, boasting very well-kept homes set on the hills east of Los Feliz Village. Franklin Hills is also home to the Shakespeare Bridge, a small bridge on Franklin Avenue east of Talmadge Street that links Franklin Avenue between two tall, steep hills. The ravine over which the bridge crosses was once a perennial stream called Arroyo de la Sacatela. To the east of the bridge begins the Franklin Hills public stairway system, which provides pedestrian linkages among the curvy streets, a series of 14 staircases originally built in the 1920s to provide hillside homeowners pedestrian access to the trolley lines below.
On Talmadge Street lies Prospect Studios. Opened in 1915 as the Vitagraph Studio, the lot later became the Warner Brothers Studios East Hollywood Annex, then home of the ABC Television Center and local affiliate KABC, finally becoming part of the Disney Corporation in 1996, which owns and operates it to this day. Brothers Roy and Walt Disney both owned homes at the corner of Lyric Avenue and St. George Street during the late 1920s so that they could walk to their first animation studio, located a few blocks away at Hyperion Avenue and Griffith Park Boulevard.
Franklin Hills is located within the 90027 zip code.