7250 Franklin Ave #406, Los Angeles, CA 90046
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7250 Franklin Ave #406 Los Angeles, CA 90046

$375,000 Sold Price as of 12/10/2021
  • 0 Beds
  • 1 Baths
  • 507 Sq.Ft.
Sold
$375,000 Sold Price as of 12/10/2021 Refinance Your Mortgage

Map preview of 7250 Franklin Ave #406, Los Angeles, CA 90046

Property Overview: 7250 Franklin Ave #406 Los Angeles, CA has -- bedrooms, 1 bathrooms, 507 living square feet and 53,514 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Recreation and leisure are within grasp in this reimagined private studio. Welcome to Franklin Towers, located in one of the more desirable areas in Hollywood. An elegant lifestyle is offered here, complete with alluring and unexpected amenities. The intimate unit features a new kitchen with new appliances, air conditioning, tasteful new flooring and other creative updates. From entering to exiting, Franklin Towers offers an encompassing experience with valet parking, a relaxing sky deck featuring jetliner views, a club house, gym, shimmering pool, sauna rooms, plus 24 hour security. This historic location is short breaths away from world class entertainment like The Magic Castle, The Roosevelt Hotel and The Chinese Theater. Local points of interest include The Walk of Fame, Target, LA Fitness and Runyon Canyon. Prepare to be amazed...

Listed by Scott Syme Jr. | BRE #02007311 | Compass
Last checked: 3 minutes ago | Last updated: September 12th, 2024 | Source CRMLS | DOM: 40

Home details

Lot Sq. Ft
53,514
HOA Dues
$715/mo
Year built
1964
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
21790814
City
Los Angeles
County
Los Angeles
Time on Site
1080 days

Property Details for 7250 Franklin Ave #406

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Stackable, Community, Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Dining Room
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Oven
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Security Features: 24 Hour Security, Resident Manager, Automatic Gate
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Heated, In Ground
Exterior Features
  • Pool Features: Fenced, Heated, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Assigned, Valet
Property Information
  • No View
  • View: None
  • Total # of Units: 191
  • Parcel Number: 5548025050
  • Architectural Style: Contemporary
  • Entry Level: 4
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $715 (Monthly)
  • Association Amenities: Clubhouse, Concierge, Controlled Access, Sauna, Pool
Location / Neighborhood
Location Information
  • Directions: La Brea to Franklin
View more facts & features

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Sale History for 7250 Franklin Ave #406

Last sold for $375,000 on December 10th, 2021
  • September, 2024

  • Sep 12, 2024

    Date

    Canceled

    CRMLS: SR24139224

    $405,000

    Price

  • Jul 12, 2024

    Date

    Active

    CRMLS: SR24139224

    $415,000

    Price

  • Listing provided courtesy of CRMLS

    PROPERTY IS FOR SALE OR LEASE - Welcome to Franklin Towers, nestled in one of Hollywood's most coveted neighborhoods. Whether you're an investor seeking a prime property or a first-time homebuyer, this unit promises an intimate and modern living experience. Step into this inviting space featuring a new kitchen with state-of-the-art appliances, air conditioning for year-round comfort, and stylish new flooring. The attention to detail extends throughout with creative updates that enhance both functionality and aesthetics. Franklin Towers offers a sophisticated lifestyle with a host of unexpected amenities. Valet parking ensures convenience from the moment you arrive. Ascend to the sky deck to savor breathtaking views of the Hollywood sign, perfect for relaxation or entertaining. The clubhouse provides a communal space ideal for gatherings with family and friends. Whether you're driving an electric vehicle or considering making the switch, you can enjoy the ease of charging right at home available free of charge for residents. Property is also listed for Lease. Maintain your fitness routine with access to a well-equipped gym, or unwind in the shimmering pool and soothing sauna. Yoga enthusiasts will appreciate dedicated spaces for practice. Feel secure with 24-hour security ensuring peace of mind. Located in a historic area just moments away from world-class entertainment, this property places you near iconic landmarks like The Magic Castle, The Roosevelt Hotel, and The Chinese Theater. Explore local attractions including The Walk of Fame, and the scenic trails of Runyon Canyon. Prepare to be impressed by the seamless blend of elegance and convenience at Franklin Towers, where every detail contributes to a truly exceptional living experience in the heart of Hollywood.

  • September, 2024

  • Sep 12, 2024

    Date

    Canceled

    CRMLS: SR24168623

    $1,995

    Price

  • Aug 14, 2024

    Date

    Active

    CRMLS: SR24168623

    $2,050

    Price

  • Listing provided courtesy of CRMLS

    FOR LEASE OR SALE. Welcome to Franklin Towers, nestled in one of Hollywood's most coveted neighborhoods. Whether you're an investor seeking a prime property or a first-time homebuyer, this unit promises an intimate and modern living experience. Step into this inviting space featuring a new kitchen with state-of-the-art appliances, air conditioning for year-round comfort, and stylish new flooring. The attention to detail extends throughout with creative updates that enhance both functionality and aesthetics. Franklin Towers offers a sophisticated lifestyle with a host of unexpected amenities. Valet parking ensures convenience from the moment you arrive. Ascend to the sky deck to savor breathtaking views of the Hollywood sign, perfect for relaxation or entertaining. The clubhouse provides a communal space ideal for gatherings with family and friends. Whether you're driving an electric vehicle or considering making the switch, you can enjoy the ease of charging right at home available free of charge for residents. Maintain your fitness routine with access to a well-equipped gym, or unwind in the shimmering pool and soothing sauna. Yoga enthusiasts will appreciate dedicated spaces for practice. Feel secure with 24-hour security ensuring peace of mind. Located in a historic area just moments away from world-class entertainment, this property places you near iconic landmarks like The Magic Castle, The Roosevelt Hotel, and The Chinese Theater. Explore local attractions including The Walk of Fame, and the scenic trails of Runyon Canyon. Prepare to be impressed by the seamless blend of elegance and convenience at Franklin Towers, where every detail contributes to a truly exceptional living experience in the heart of Hollywood.

  • October, 2021

  • Oct 1, 2021

    Date

    Active

    CRMLS: 21790814

    $395,000

    Price

  • November, 2020

  • Nov 4, 2020

    Date

    Sold

    CRMLS: PW20004596

    $290,000

    Price

  • Sep 29, 2020

    Date

    Pending

    CRMLS: PW20004596

    $285,000

    Price

  • Sep 17, 2020

    Date

    Price Change

    CRMLS: PW20004596

    $285,000

    Price

  • Aug 21, 2020

    Date

    Price Change

    CRMLS: PW20004596

    $321,000

    Price

  • May 19, 2020

    Date

    Price Change

    CRMLS: PW20004596

    $323,000

    Price

  • Mar 24, 2020

    Date

    Price Change

    CRMLS: PW20004596

    $340,000

    Price

  • Mar 10, 2020

    Date

    Price Change

    CRMLS: PW20004596

    $380,000

    Price

  • Jan 8, 2020

    Date

    Active

    CRMLS: PW20004596

    $400,000

    Price

  • Listing provided courtesy of CRMLS

    Charming studio apartment in Hollywood. Full service building. Stunning building with tons of character. Fourth floor unit. Carpet flooring. Nice sized kitchen. Great location. Great full service building. Short walk to Runyan Canyon, the Hollywood Bowl, and to Hollywood and Highland.

  • November, 2020

  • Nov 4, 2020

    Date

    Sold (Public Records)

    Public Records

    $290,000

    Price

  • March, 2019

  • Mar 14, 2019

    Date

    Sold (Public Records)

    Public Records

    $334,533

    Price

  • January, 2018

  • Jan 11, 2018

    Date

    Expired

    CRMLS: 17281394

    $329,000

    Price

  • Jan 2, 2018

    Date

    Hold

    CRMLS: 17281394

    $329,000

    Price

  • Jan 2, 2018

    Date

    Active

    CRMLS: 17281394

    $329,000

    Price

  • Dec 23, 2017

    Date

    Hold

    CRMLS: 17281394

    $329,000

    Price

  • Dec 23, 2017

    Date

    Expired

    CRMLS: 17281394

    $329,000

    Price

  • Dec 21, 2017

    Date

    Hold

    CRMLS: 17281394

    $329,000

    Price

  • Nov 19, 2017

    Date

    Active

    CRMLS: 17281394

    $329,000

    Price

  • Nov 19, 2017

    Date

    Expired

    CRMLS: 17281394

    $329,000

    Price

  • Oct 19, 2017

    Date

    Active

    CRMLS: 17281394

    $329,000

    Price

  • Listing provided courtesy of CRMLS

    studio with Enclosed balcony, Bring your own imagination to this unit. Come take a look, this may be your new home! The property is being sold AS IS without repair or warranty. Direct access to Runyon Canyon! heated pool all year round, club house, amazing roof deck with priceless LA views, spa, gym and so many other building amenities. One car parking spot. Showing by appointment only.

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Tax History for 7250 Franklin Ave #406

Assessed Value (2020): $415,344
Year Land Value Improved Value Assessed Value
2020 $124,644 $290,700 $415,344

Home Value Compared to the Market

This property vs the competition

7250 Franklin Ave #406 sold on December 10, 2021 for 65.62% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $759.37 per/sqft which puts the price per square foot 4.89% higher than the current median sale per square foot for the city of Los Angeles.

About 7250 Franklin Ave #406

Detailed summary of property

7250 Franklin Ave #406 is a condominium that recently sold in Los Angeles, CA 90046. This condo offered -- bedrooms, 1 bathrooms, roughly 507 living square feet, and sits on an approximately 53,514 square foot lot. 7250 Franklin Ave #406 was first listed on ArdentRealEstateGroup.com on October 1, 2021. The homeowner sold the property for $375,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 65.62% lower than the current median priced home. Local homes that are currently for sale include 5827 Bowcroft St #3, 4065 Ursula Ave #5 and 4065 Ursula Ave #2. This home does have a Homeowners Association and the monthly fee is $715 per month. While the average home in Los Angeles, CA is selling in 104 days, 7250 Franklin Ave #406 has a days on market of 40 days. There are currently 4084 homes for sale in the Los Angeles real estate market and 2797 of them are single family homes while 1162 of them are condos and 119 are townhomes. For more information on this home for sale at 7250 Franklin Ave #406 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 #406

Public county record property details
Beds
--
Baths
1
Year built
1964
Sq. Ft.
449
Lot Size
53,578
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1
APN
5548-025-050

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
$2,200,000
Median List Price/Sq.Ft.
$905
Median Sold Price
$1,188,800
Median Sold Price/Sq.Ft.
$773
Total Inventory
266
Median Sale to List Price %
95.1%
Avg Days on Market
44
Loan Type
Conventional (5.56%), FHA (0%), VA (0%), Cash (8.33%), Other (2.78%)

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Related Resources to 7250 Franklin Ave #406

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.