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7250 Franklin Ave #204, Los Angeles, CA 90046
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7250 Franklin Ave #204 Los Angeles, CA 90046

$695,000
  • 1 Beds
  • 1.5 Baths
  • 1,047 Sq.Ft.
For Sale
$695,000 Get Pre-Qualified
Map preview of 7250 Franklin Ave #204, Los Angeles, CA 90046

Property Overview: 7250 Franklin Ave #204 Los Angeles, CA has 1 bedrooms, 1.5 bathrooms, 1,047 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: This stunning 1 bed 1.5 bath condominium is located in the prestigious Franklin Towers luxury high rise condominiums and is available for sale with all FURNISHINGS INCLUDED (Optional). The unit boasts 10ft. ceilings in the living room, providing an open and airy feel. The unit has been partially renovated, adding a touch of modern elegance to the space. Enjoy full views in the primary suite & partial balcony views of the sparkling pool and clubhouse, creating a serene and tranquil atmosphere. The amenities at Franklin Towers features 24/7 security, concierge, valet parking, 2 parking spaces in the gated underground parking garage, onsite property management, and a state-of-the-art fitness center and sundeck on the rooftop with breathtaking 360 views of Hollywood, providing the perfect atmosphere to workout or relax and unwind. The resort-style clubhouse features a pool, jacuzzi, sauna, lounge, kitchen, bathrooms with showers and yoga room. Located just .1 miles from Runyon Canyon, and .4 miles from famous Hollywood Sunset Strip/Walk of Fame, and all the great shops and restaurants in the surrounding area. This is truly a one-of-a-kind living experience that you won't want to miss out on. ***Property is being sold with tenant in place. Tenant's 12 month lease expires 12/17/24. Sale will be contingent on identifying another property in 1031 Exchange.***

Listed by Colin Boyd | BRE #02161736 | Christie's AKG
Co-listed by Brandon Sanford | BRE #01325215 | Christie's AKG
Last checked: 13 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 2
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Home details

Lot Sq. Ft
53,531
HOA Dues
$992/mo
Year built
1964
Garage
2 Car
Property Type:
Condominium
Status
Active
MLS#
24380771
City
Los Angeles
County
Los Angeles
Time on Site
13 days

Open Houses for 7250 Franklin Ave #204

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Property Details for 7250 Franklin Ave #204

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Dining Room
  • Flooring: Laminate
  • Primary Bathroom, Living Room, Dressing Area, Entry
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Gas Cooktop, Electric Oven
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Furnished, High Ceilings
  • Levels: One
  • Security Features: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s), Guarded
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Community, Heated
Exterior Features
  • No Pool
  • Pool Features: Heated, In Ground, Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Community Structure, Assigned, Gated, Valet, Parking Space
Property Information
  • Has View
  • View: Pool, Courtyard, City Lights
  • Total # of Units: 190
  • Parcel Number: 5548025016
  • Entry Level: 2
  • Property Condition: Updated/Remodeled, Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $992 (Monthly)
  • Association Amenities: Pet Rules, Banquet Facilities, Billiard Room, Clubhouse, Concierge, Controlled Access, Spa/Hot Tub, Sauna, Pool, Security, Maintenance Grounds
Utilities Information
  • Sewer: Sewer Paid
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: From Sunset Blvd. head North on La Brea Blvd. Turn left and head West on Franklin Ave for 500ft. Franklin Towers is on your left.
View more facts & features

Local Los Angeles Agent

Sale History for 7250 Franklin Ave #204

Last leased for $3,150 on December 14th, 2023

  • April, 2024

  • Apr 29, 2024

    Date

    Active

    CRMLS: 24380771

    $700,000

    Price

  • December, 2023

  • Dec 22, 2023

    Date

    Expired

    CRMLS: OC23108680

    $715,000

    Price

  • Jun 22, 2023

    Date

    Active

    CRMLS: OC23108680

    $775,000

    Price

  • Listing provided courtesy of CRMLS

    This stunning 1 bed 1.5 bath condominium is located in the prestigious Franklin Towers luxury high rise condominiums. The unit boasts 10ft. ceilings in the living room, providing an open and airy feel. The unit has been partially renovated, adding a touch of modern elegance to the space. Enjoy full views in the primary suite & partial balcony views of the sparkling pool and clubhouse, creating a serene and tranquil atmosphere. The amenities at Franklin Towers features 24/7 security, concierge, valet parking, 2 parking spaces in the gated underground parking garage, onsite property management, and a state-of-the-art fitness center and sundeck on the rooftop with breathtaking 360 views of Hollywood, providing the perfect atmosphere to workout or relax and unwind. The resort-style clubhouse features a pool, jacuzzi, sauna, lounge, kitchen, bathrooms with showers and yoga room. Located just .1 miles from Runyon Canyon, and .4 miles from famous Hollywood Sunset Strip/Walk of Fame, and all the great shops and restaurants in the surrounding area. This is truly a one-of-a-kind living experience that you won't want to miss out on.

  • December, 2023

  • Dec 14, 2023

    Date

    Leased

    CRMLS: OC23078862

    $3,150

    Price

  • Jun 1, 2023

    Date

    Active

    CRMLS: OC23078862

    $4,600

    Price

  • Listing provided courtesy of CRMLS

    This stunning 1 bed 1.5 bath condominium is located in the prestigious Franklin Towers luxury high rise condominiums and is available for lease FULLY FURNISHED available Dec. 15th. The unit boasts 10ft. ceilings in the living room, providing an open and airy feel. The unit has been partially renovated, adding a touch of modern elegance to the space. Enjoy full views in the primary suite & partial balcony views of the sparkling pool and clubhouse, creating a serene and tranquil atmosphere. The amenities at Franklin Towers features 24/7 security, concierge, valet parking, 1 parking spaces in the gated underground parking garage, onsite property management, and a state-of-the-art fitness center and sundeck on the rooftop with breathtaking 360 views of Hollywood, providing the perfect atmosphere to workout or relax and unwind. The resort-style clubhouse features a pool, jacuzzi, sauna, lounge, kitchen, bathrooms with showers and yoga room. Located just .1 miles from Runyon Canyon, and .4 miles from famous Hollywood Sunset Strip/Walk of Fame, and all the great shops and restaurants in the surrounding area. This is truly a one-of-a-kind living experience that you won't want to miss out on.

  • April, 2022

  • Apr 6, 2022

    Date

    Active Under Contract

    CRMLS: TR21252985

    $598,000

    Price

  • Jan 21, 2022

    Date

    Price Change

    CRMLS: TR21252985

    $598,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful and cozy condominium in one of the most iconic, full-service and highly desired Franklin Towers in Hollywood. This luxurious condominium offers sophisticated lifestyle that includes 24//7 security, gated parking, valet parking, concierge, onsite property management, resort size pool/spa, a two-level clubhouse with steam rooms, a yoga room, and fully equipped gym at the rooftop level along with relaxing sundeck with amazing city views. The unit has been renovated with new flooring and new paints. It is in close proximity to Runyon Canyon, Hollywood Sunset Strip/Walk of Fame, Hollywood Bowl and all the great shops and restaurants in the surrounding area.

  • July, 2010

  • Jul 21, 2010

    Date

    Sold (Public Records)

    Public Records

    $345,000

    Price

  • August, 2004

  • Aug 24, 2004

    Date

    Sold (Public Records)

    Public Records

    $402,000

    Price

Show More

Tax History for 7250 Franklin Ave #204

Assessed Value (2020): $404,152
Year Land Value Improved Value Assessed Value
2020 $209,573 $194,579 $404,152

Home Value Compared to the Market

This property vs the competition

7250 Franklin Ave #204 is listed 43.77% 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 $663.8 per/sqft which puts the price per square foot 14.13% lower than the median price per square foot for the city of Los Angeles.

About 7250 Franklin Ave #204

Detailed summary of property

7250 Franklin Ave #204 is a condominium located in Los Angeles, CA 90046 and is currently for sale. This condo offers 1 bedrooms, 1.5 bathrooms, roughly 1,047 living square feet, and sits on an approximately 53,531 square foot lot. 7250 Franklin Ave #204 was first listed on ArdentRealEstateGroup.com on April 18, 2024. The homeowner is currently asking $695,000 and was originally asking $700,000. 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 43.77% 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 $992 per month. While the average home in Los Angeles, CA is selling in 96 days, 7250 Franklin Ave #204 has a days on market of 2 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 #204 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 #204

Public county record property details
Beds
1
Baths
2
Year built
1964
Sq. Ft.
1,047
Lot Size
53,578
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1
APN
5548-025-016

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.
$943
Median Sold Price
$2,000,000
Median Sold Price/Sq.Ft.
$856
Total Inventory
209
Median Sale to List Price %
117.72%
Avg Days on Market
34
Loan Type
Conventional (2.7%), FHA (0%), VA (0%), Cash (13.51%), Other (2.7%)

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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.

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