7250 Franklin Ave #409, Los Angeles, CA 90046
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7250 Franklin Ave #409 Los Angeles, CA 90046

$875,000
  • 2 Beds
  • 1 Baths
  • 1,393 Sq.Ft.
Pending
$875,000 Get Pre-Qualified

Map preview of 7250 Franklin Ave #409, Los Angeles, CA 90046

Property Overview: 7250 Franklin Ave #409 Los Angeles, CA has 2 bedrooms, 1 bathrooms, 1,393 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: Beautifully remodeled condo in the iconic, full-service Franklin Towers with breathtaking views of the Hollywood sign, Griffith Observatory, and Yamashiro from your private balcony, sits just at the base of the entrance to Runyon Canyon! This spacious 2 bed, 2 bath + study, in a doorman and gated building, is loaded with amenities and shares only 1 common wall. The light-filled living and dining areas have rich oak hardwood floors, custom wallpaper, crown molding, and hillside and city views from every window. A wall of floor-to-ceiling glass doors leads to a private balcony with expansive views overlooking the Hollywood Hills, Roosevelt Hotel, Griffith, and Yamashiro. The kitchen was updated just a few years ago with sleek Kitchen Aid appliances, new countertops, cabinets, and wall-tile. Both bedrooms have direct access to the balcony and the primary has a large walk-in closet with in-unit laundry (just a few years old). The entire building was upgraded last year with a state-of-the-art fire system and fire control panel linking all units to the front desk for faster and more effective safety results ($4,000 cost for unit 409, already paid). The unit comes with guarded, assigned garage side-by-side parking for 2 cars with elevator access to the building. Unit 409 (and only 1-unit per floor) has a separate, but attached 25 sq ft storage unit with high ceilings, accessed immediately next-door to the unit. This home has it all and is minutes from Graumann's Chinese Theatre, the Magic Castle, Dolby Theatre, famous Musso & Frank Grill, the Hollywood and Highland Red Line stop, the Sunset Strip, and all the hikes and nature of Runyon Canyon. This Hollywood Landmark building has a valet, 24-hour concierge, a dog-run, heated pool and spa, steam room and sauna, clubhouse/rec room, rooftop gym, and a huge rooftop deck with multiple seating areas and incredible panoramic views from the Hollywood Hills to the ocean! Please call for private showings.

Listed by Oliver Klein | BRE #02048270 | The Bienstock Group
Co-listed by Sheri Bienstock | BRE #01746994 | The Bienstock Group
Last checked: 14 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 112
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Home details

Lot Sq. Ft
53,531
HOA Dues
$950/mo
Year built
1964
Garage
2 Car
Property Type:
Condominium
Status
Pending
MLS#
23339413
City
Los Angeles
County
Los Angeles
Time on Site
135 days

Open Houses for 7250 Franklin Ave #409

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Property Details for 7250 Franklin Ave #409

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Dining Room
  • Flooring: Wood, Carpet
  • Primary Bathroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Electric Cooktop, Electric Oven
  • Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 1
Interior Features
  • Crown Molding, Open Floorplan, Recessed Lighting
  • Levels: One
  • Security Features: 24 Hour Security, Smoke Detector(s), Carbon Monoxide Detector(s)
  • Door Features: Double Door Entry
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: In Ground
Exterior Features
  • Pool Features: In Ground, Fenced
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door, Controlled Entrance, Guest, Private, Side by Side, Subterranean, Valet
  • Has Attached Garage
Property Information
  • Has View
  • View: City Lights, Hills, Landmark, Panoramic
  • Total # of Units: 190
  • Parcel Number: 5548025053
  • Architectural Style: Modern
  • Entry Level: 4
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $950 (Monthly)
  • Association Amenities: Clubhouse, Pool, Sauna, Security, Spa/Hot Tub
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: On Franklin Ave, just a few doors west of La Brea. At the base of Runyon Canyon.
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Sale History for 7250 Franklin Ave #409

Last sold for $750,000 on August 31st, 2018
  • April, 2024

  • Apr 3, 2024

    Date

    Pending

    CRMLS: 23339413

    $875,000

    Price

  • Dec 13, 2023

    Date

    Active

    CRMLS: 23339413

    $875,000

    Price

  • August, 2018

  • Aug 31, 2018

    Date

    Sold

    CRMLS: 18351784

    $750,000

    Price

  • Aug 27, 2018

    Date

    Pending

    CRMLS: 18351784

    $785,000

    Price

  • Aug 1, 2018

    Date

    Active Under Contract

    CRMLS: 18351784

    $785,000

    Price

  • Jun 7, 2018

    Date

    Active

    CRMLS: 18351784

    $785,000

    Price

  • Listing provided courtesy of CRMLS

    Light & bright updated 2 bed/2 bath + den with incredible city views in the Sunset Strip/Hollywood premier, full-service high-rise building, Franklin Towers. Just shy of 1,400 sq. ft. with only one common wall, this modern, yet sophisticated living space boasts glass sliding doors that allow access to an expansive balcony that's accessible from every room in the unit. Generous master suite features: redone en-suite bath and large closet with washer/dryer. Building amenities include: valet, 24-hour concierge, dog run, heated pool, sauna, steam room, recreational room, and rooftop gym and outdoor terrace with 360 degree views from the hills to the ocean. Just blocks to Runyon Canyon, The Roosevelt Hotel, Hollywood & Highland, and more.

  • August, 2018

  • Aug 31, 2018

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

  • November, 2011

  • Nov 15, 2011

    Date

    Sold (Public Records)

    Public Records

    $518,500

    Price

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Tax History for 7250 Franklin Ave #409

Assessed Value (2020): $765,000
Year Land Value Improved Value Assessed Value
2020 $153,000 $612,000 $765,000

Home Value Compared to the Market

This property vs the competition

7250 Franklin Ave #409 is listed 29.94% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $628.14 per/sqft which puts the price per square foot 18.63% lower than the median price per square foot for the city of Los Angeles.

About 7250 Franklin Ave #409

Detailed summary of property

7250 Franklin Ave #409 is a condominium located in Los Angeles, CA 90046 and is currently in escrow to be sold. This condo offers 2 bedrooms, 1 bathrooms, roughly 1,393 living square feet, and sits on an approximately 53,531 square foot lot. 7250 Franklin Ave #409 was first listed on ArdentRealEstateGroup.com on December 13, 2023. The homeowner is currently asking $875,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 29.94% lower than the median priced home. Local competing homes currently for sale include 1345 N Fuller Ave #306, 1420-107 N Stanley Ave and 1351 N Curson Ave #201. This home does have a Homeowners Association and the monthly fee is $950 per month. While the average home in Los Angeles, CA is selling in 97 days, 7250 Franklin Ave #409 has a days on market of 112 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 #409 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 #409

Public county record property details
Beds
2
Baths
2
Year built
1964
Sq. Ft.
1,393
Lot Size
53,578
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1
APN
5548-025-053

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%)

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Related Resources to 7250 Franklin Ave #409

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.