7250 Franklin Ave #1115, Los Angeles, CA 90046
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7250 Franklin Ave #1115 Los Angeles, CA 90046

$650,000
  • 1 Beds
  • 1.5 Baths
  • 996 Sq.Ft.
For Sale
$650,000 Get Pre-Qualified

Map preview of 7250 Franklin Ave #1115, Los Angeles, CA 90046

Property Overview: 7250 Franklin Ave #1115 Los Angeles, CA has 1 bedrooms, 1.5 bathrooms, 996 living square feet and 53,531 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Strong Investment Opportunity awaits as Jetliner views greet you at the front door leading to expanding panoramic views from the Hollywood Hills to the skyline of downtown L.A. and as far south as the eye can see drawing you into the spacious open floor plan. Original in its condition, this condo in the sky has the opportunity one day to reimagine the condo to new heights. Easy transitions from living room, dining, wet bar and kitchen create multiple entertainment areas throughout. A large balcony terrace running the length of the condo connects the kitchen, living room and primary suite while 3 sets of floor to ceiling sliding doors bring the outside in, supplying ample light any time of day and city lights at night. Convenient half bath, 2 car tandem parking, and the opportunity add in-unit laundry Franklin Towers provides a lifestyle that combines a refined lobby with door person, valet guest parking, electric car charging stations, security, resort size pool/spa, club house with steam rooms, dry saunas, yoga room and full kitchen along w/ dog run, rooftop sundeck and gym. Area attractions including Runyon Canyon hiking trails, Hollywood Walk of Fame & Sunset Strip.

Listed by Ian Rhodes | BRE #01844869 | Keller Williams Realty Los Feliz
Co-listed by Kimberly Green | BRE #01936503 | Keller Williams Realty Los Feliz
Last checked: 14 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 14
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Home details

Lot Sq. Ft
53,531
HOA Dues
$990/mo
Year built
1964
Garage
2 Car
Property Type:
Condominium
Status
Active
MLS#
24379501
City
Los Angeles
County
Los Angeles
Time on Site
13 days

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Property Details for 7250 Franklin Ave #1115

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Stackable, Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Tile
  • Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
  • Security Features: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Resident Manager
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Association, Heated, In Ground
Exterior Features
  • No Pool
  • Pool Features: Association, Fenced, Heated, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned, Auto Driveway Gate, Community Structure, Gated, Guest, Subterranean, Valet
Property Information
  • Has View
  • View: Pool
  • Total # of Units: 190
  • Parcel Number: 5548025170
  • Entry Level: 11
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $990 (Monthly)
  • Association Amenities: Pet Rules, Clubhouse, Concierge, Controlled Access, Meeting Room, Pool, Recreation Room, Sauna, Security, Spa/Hot Tub
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of La Brea Ave, West of Fuller Ave, 1 Block south of Runyon Canyon Hiking Trail.
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Sale History for 7250 Franklin Ave #1115

Last sold on November 4th, 1999
  • April, 2024

  • Apr 16, 2024

    Date

    Active

    CRMLS: 24379501

    $650,000

    Price

  • November, 1999

  • Nov 4, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 1997

  • Dec 2, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 7250 Franklin Ave #1115

Assessed Value (2020): $197,077
Year Land Value Improved Value Assessed Value
2020 $46,852 $150,225 $197,077

Home Value Compared to the Market

This property vs the competition

7250 Franklin Ave #1115 is listed 47.41% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $652.61 per/sqft which puts the price per square foot 15.57% lower than the median price per square foot for the city of Los Angeles.

About 7250 Franklin Ave #1115

Detailed summary of property

7250 Franklin Ave #1115 is a condominium located in Los Angeles, CA 90046 and is currently for sale. This condo offers 1 bedrooms, 1.5 bathrooms, roughly 996 living square feet, and sits on an approximately 53,531 square foot lot. 7250 Franklin Ave #1115 was first listed on ArdentRealEstateGroup.com on April 16, 2024. The homeowner is currently asking $650,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 47.41% lower than the median priced home. Local competing homes currently for sale include 1745 Camino Palmero St #114, 1628 N Formosa Ave #B and 7560 Hollywood #201. This home does have a Homeowners Association and the monthly fee is $990 per month. While the average home in Los Angeles, CA is selling in 96 days, 7250 Franklin Ave #1115 has a days on market of 14 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 7250 Franklin Ave #1115 Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7250 Franklin Ave #1115

Public county record property details
Beds
1
Baths
2
Year built
1964
Sq. Ft.
996
Lot Size
53,578
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1
APN
5548-025-170

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,995,000
Median List Price/Sq.Ft.
$918
Median Sold Price
$1,800,000
Median Sold Price/Sq.Ft.
$766
Total Inventory
206
Median Sale to List Price %
100.56%
Avg Days on Market
52
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (4.55%), Other (9.09%)

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Related Resources to 7250 Franklin Ave #1115

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.