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7250 Franklin Ave #302, Los Angeles, CA 90046
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7250 Franklin Ave #302 Los Angeles, CA 90046

$820,000 Sold Price as of 09/20/2022
  • 2 Beds
  • 1 Baths
  • 1,377 Sq.Ft.
Sold
$820,000 Sold Price as of 09/20/2022 Refinance Your Mortgage
Map preview of 7250 Franklin Ave #302, Los Angeles, CA 90046

Property Overview: 7250 Franklin Ave #302 Los Angeles, CA has 2 bedrooms, 1 bathrooms, 1,377 living square feet and 53,425 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Live the classic Old Hollywood lifestyle in the elegant, full service, Iconic Franklin Towers. Just moments away from the famed Sunset Strip and Hollywood Boulevard where you have everything, including boutiques, restaurants, cafes, and clubs. Short distance to Metro. Enjoy nature by hiking the equally famed Runyon Canyon which is steps from the front of the building. Enter this beautiful, light, bright, and quiet modern art-deco inspired 2B/2B, 1377 sq. ft., corner unit and you will enjoy spectacular views from every room. This unit has newer waterproof luxury plank laminate flooring throughout. The kitchen and bathrooms have tile flooring. There are two private balconies with views galore stretching from the Magic Castle to the Griffith Observatory and then looking South over the expanse of the City. Crown molding throughout, granite countertops, electric cooktop, wall oven, microwave/convection oven, disposal, and brand-new refrigerator, wine fridge & kitchen sink. There is ample storage throughout the condo. Two parking spots in secure, gated parking, and also electric car charging stations. This most sought after building has amenities which include a 24-hour concierge service/security, valet parking, pool and spa, sundeck overlooking pool/spa, two steam rooms, two saunas, and yoga room. The elegant club house has a Tea Room, separate kitchen, lounge and party area. There is a board/conference room, as well as a beautifully appointed lobby for guests. Also included is a rooftop deck with breathtaking views and seating areas, and an enclosed rooftop gym which overlooks the city and those amazing views. Live the ultimate Hollywood lifestyle at the luxurious Franklin Towers.

Listed by Denise Bryson | BRE #01830546 | Rodeo Realty
Last checked: 14 minutes ago | Last updated: September 27th, 2022 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft
53,425
HOA Dues
$852/mo
Year built
1964
Garage
2 Car
Property Type:
Condominium
Status
Sold
MLS#
SR22090160
City
Los Angeles
County
Los Angeles
Time on Site
724 days

Property Details for 7250 Franklin Ave #302

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Eating Area: Area, Breakfast Nook
  • Flooring: Laminate, Tile
  • Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
Kitchen Information
  • Has Appliances
  • Convection Oven, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Granite Counters
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (3/4): 1
Interior Features
  • Balcony, Crown Molding, Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Unfurnished
  • Levels: One
  • Security Features: 24 Hour Security, Fire and Smoke Detection System, Resident Manager, Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Association, Community, In Ground
Exterior Features
  • No Pool
  • Pool Features: Association, Community, Fenced, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned, Garage
  • No Attached Garage
Lot Information
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Has View
  • View: City Lights, Hills, Landmark, Neighborhood, Panoramic
  • Common Walls: 1 Common Wall, End Unit
  • Total # of Units: 120
  • Parcel Number: 5548025030
  • Year Built Source: Assessor
  • Property is Attached
  • Offered With Property: New refrigerator, new wine fridge and new ceiling light fixtures.
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Franklin Towers
  • Association Fee: $763 (Monthly)
  • Second Association Fee: $89 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub, Sauna, Hiking Trails, Gym/Ex Room, Clubhouse, Recreation Room, Meeting Room, Concierge, Pet Rules, Pets Permitted, Weight Limit, Security
  • Total Average Monthly Fee: $852
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Just west of La Brea Blvd on Franklin Avenue
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Foothills, Hiking, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 7250 Franklin Ave #302

Last sold for $820,000 on September 20th, 2022

  • September, 2022

  • Sep 22, 2022

    Date

    Canceled

    CRMLS: SR22172838

    $3,850

    Price

  • Aug 5, 2022

    Date

    Active

    CRMLS: SR22172838

    $3,850

    Price

  • Listing provided courtesy of CRMLS

  • September, 2022

  • Sep 20, 2022

    Date

    Sold

    CRMLS: SR22090160

    $820,000

    Price

  • May 5, 2022

    Date

    Active

    CRMLS: SR22090160

    $889,000

    Price

  • May, 2020

  • May 31, 2020

    Date

    Expired

    CRMLS: 20548782

    $3,750

    Price

  • Jan 29, 2020

    Date

    Active

    CRMLS: 20548782

    $3,750

    Price

  • Listing provided courtesy of CRMLS

    Large open Spacious floor plan with split bedrooms and baths.View of courtyard and Hills This is a full service condominium complex with 24 Hour Security Valet Parking pool spa gym and roof top deck.

  • August, 1999

  • Aug 25, 1999

    Date

    Sold (Public Records)

    Public Records

    $256,000

    Price

  • June, 1995

  • Jun 30, 1995

    Date

    Sold (Public Records)

    Public Records

    $125,000

    Price

Show More

Tax History for 7250 Franklin Ave #302

Assessed Value (2020): $359,758
Year Land Value Improved Value Assessed Value
2020 $162,874 $196,884 $359,758

Home Value Compared to the Market

This property vs the competition

7250 Franklin Ave #302 sold on September 20, 2022 for 19.14% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $616.56 per/sqft which puts the price per square foot 16.46% lower than the current median sale per square foot for the city of Los Angeles.

About 7250 Franklin Ave #302

Detailed summary of property

7250 Franklin Ave #302 is a condominium that recently sold in Los Angeles, CA 90046. This condo offered 2 bedrooms, 1 bathrooms, roughly 1,377 living square feet, and sits on an approximately 53,425 square foot lot. 7250 Franklin Ave #302 was first listed on ArdentRealEstateGroup.com on May 2, 2022. The homeowner sold the property for $820,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 19.14% lower than the current median priced home. Local homes that are currently for sale include 1420-107 N Stanley Ave, 1351 N Curson Ave #201 and 1940 N Highland Ave #81. This home does have a Homeowners Association and the monthly fee is $852 per month. While the average home in Los Angeles, CA is selling in 97 days, 7250 Franklin Ave #302 has a days on market of 54 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 7250 Franklin Ave #302 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 #302

Public county record property details
Beds
2
Baths
1
Year built
1964
Sq. Ft.
1,377
Lot Size
53,578
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1
APN
5548-025-030

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
201
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%)

Thinking of Selling?

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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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