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7250 Franklin Ave #512, Los Angeles, CA 90046
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7250 Franklin Ave #512 Los Angeles, CA 90046

$715,000 Sold Price as of 03/15/2024
  • 2 Beds
  • 2 Baths
  • 1,009 Sq.Ft.
Sold
$715,000 Sold Price as of 03/15/2024 Refinance Your Mortgage
Map preview of 7250 Franklin Ave #512, Los Angeles, CA 90046

Property Overview: 7250 Franklin Ave #512 Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,009 living square feet and 53,531 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome home to Franklin Towers, where luxury and convenience seamlessly converge. Step into the inviting ambiance of a full-service high rise at the base of Runyon Canyon. This remodeled single-level condo features two bedrooms and two bathrooms, offering close proximity to both Hollywood and West Hollywood. Recently upgraded, with new flooring and modernized bathrooms, the unit radiates contemporary charm. The stylish kitchen, complete with an inviting island, and dining area, seamlessly connects to a spacious living room. The primary bedroom is generously appointed, showcasing a private balcony, dual closets, and a recently renovated en-suite bathroom with a rain shower. The versatile secondary room can serve as a den, office, or second bedroom, with an accompanying fully renovated bathroom. The unit also boasts the convenience of a washer and dryer within the residence, along with community laundry on the floor, adding an extra layer of comfort to your living experience. The unit includes one assigned parking space. Franklin Towers offers a refined living experience with valet guest parking, a resort-sized pool and spa, a clubhouse with steam rooms and saunas, a dedicated yoga room, a fully equipped kitchen, a dog run, a rooftop sundeck, a fitness center, and electric car charging stations. Enjoy the peace of mind provided by 24-hour concierge and security services.

Listed by Ashley Schweikert | BRE #02105118 | Coldwell Banker Realty
Last checked: 2 minutes ago | Last updated: March 15th, 2024 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
53,531
HOA Dues
$859/mo
Year built
1964
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
24345177
City
Los Angeles
County
Los Angeles
Time on Site
122 days

Property Details for 7250 Franklin Ave #512

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Dining Room
  • Flooring: Tile
  • Primary Bathroom, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Electric Cooktop, Oven, Electric Oven
  • Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
  • Security Features: 24 Hour Security, Gated Community, Gated with Guard, Card/Code Access, Fire and Smoke Detection System, Automatic Gate
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Association, Heated, In Ground
Exterior Features
  • No Pool
  • Pool Features: Association, In Ground, Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Community Structure, Controlled Entrance, Valet
Property Information
  • No View
  • View: None
  • Total # of Units: 190
  • Parcel Number: 5548025072
  • Architectural Style: Contemporary
  • Entry Level: 5
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $859 (Monthly)
  • Association Amenities: Clubhouse, Concierge, Controlled Access, Security, Recreation Room, Pool, Trash, Maintenance Grounds
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: On Franklin Avenue, between N Fuller Avenue and N La Brea Avenue.
View more facts & features

Local Los Angeles Agent

Sale History for 7250 Franklin Ave #512

Last sold for $715,000 on March 15th, 2024

  • March, 2024

  • Mar 15, 2024

    Date

    Sold

    CRMLS: 24345177

    $715,000

    Price

  • Jan 16, 2024

    Date

    Active

    CRMLS: 24345177

    $699,000

    Price

  • May, 2021

  • May 8, 2021

    Date

    Sold

    CRMLS: 21708634

    $630,000

    Price

  • Apr 17, 2021

    Date

    Active Under Contract

    CRMLS: 21708634

    $639,000

    Price

  • Apr 8, 2021

    Date

    Active

    CRMLS: 21708634

    $639,000

    Price

  • Listing provided courtesy of CRMLS

    Live the life of luxury in this beautifully remodeled high rise condo. This full service building will make you feel like you've just won the lottery! Beautifully finished, this spacious 2 bedroom gem offers 24 hour concierge, a fully equipped rooftop gym and lounge area, pool, sauna, club house, steam room, dry sauna, yoga room, dog run, valet parking and security. Featuring a large living room and balcony, bar-top breakfast area, an updated kitchen with quartz counters and stainless steel appliances, the large main bedroom has yet an additional balcony, en-suite bathroom and walk-in closet. The flex space with large glass panel bifold doors is perfect for a guest room, office or den. Close to Runyon Canyon and the shops and restaurants on Sunset Blvd.

  • July, 2019

  • Jul 19, 2019

    Date

    Canceled

    CRMLS: 19464434

    $635,000

    Price

  • Jun 10, 2019

    Date

    Active

    CRMLS: 19464434

    $635,000

    Price

  • Listing provided courtesy of CRMLS

    Live the life of luxury in this beautifully remodeled high rise condo. This full service building will make you feel like you've just won the lottery! Beautifully finished, this spacious 2 bedroom, 2 bath gem offers 24 hour concierge, a fully equipped rooftop gym and lounge area, pool, sauna, club house, steam room, dry sauna, yoga room, dog run, valet parking and security and washer and dryer IN the unit. This condo features a large living room and balcony, bar-top breakfast area, an updated kitchen with quartz counters and stainless steel appliances. Large master bedroom with an additional balcony, en-suite bathroom and walk-in closet. 2nd bedroom has been made into a flex space with large glass panel bifold doors, perfect for a guest room, office or den. Close to Runyon Canyon and the shops and restaurants on Sunset Blvd. For Open Houses, see front desk for elevator access.

  • February, 2018

  • Feb 27, 2018

    Date

    Leased

    CRMLS: 18301526

    $3,000

    Price

  • Jan 19, 2018

    Date

    Pending

    CRMLS: 18301526

    $3,000

    Price

  • Jan 11, 2018

    Date

    Active

    CRMLS: 18301526

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Live the life of luxury in this beautifully remodeled high rise condo. This full service building will make you feel like you've just won the lottery! Beautifully finished, this spacious 2 bedroom, 2 bath gem offers 24 hour concierge, a fully equipped rooftop gym and lounge area, pool, sauna, club house, steam room, dry sauna, yoga room, dog run, valet parking and security and washer and dryer IN the unit. This condo features a large living room and balcony, bar-top breakfast area, an updated kitchen with quartz counters and stainless steel appliances. Large master bedroom with an additional balcony and en-suite bathroom. 2nd bedroom has been made into a flex space with large glass panel bifold doors, perfect for a guest room, office or den. Close to Runyon Canyon and the shops and restaurants on Sunset Blvd.

  • July, 2017

  • Jul 27, 2017

    Date

    Sold

    CRMLS: 17250156

    $600,000

    Price

  • Jul 17, 2017

    Date

    Active Under Contract

    CRMLS: 17250156

    $575,000

    Price

  • Jul 11, 2017

    Date

    Active

    CRMLS: 17250156

    $575,000

    Price

  • Listing provided courtesy of CRMLS

    Remodeled unit on the 5th flooor in the Franklin Towers! Washer/Dryer IN UNIT! Full service building with valet parking, gorgeous pool and spa, club house with steam rooms, sauna, yoga room and full kitchen, rooftop gym and lounge area, security, w/ steam rooms, dry saunas, yoga room & full kitchen, dog run, rooftop sundeck & gym. Unit features a large living room and balcony, bartop breakfast area, updated kitchen with quartz counters and stainless steel appliances. Large master bedroom with an additional balcony, en-suite bathrooms. 2nd bedroom has been mad into a flex space with large glass panel bifold doors, perfect for a guest room, office or den. Close to Runyon Canyon and the shops and restaurants on Sunset Blvd!

  • July, 2017

  • Jul 27, 2017

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

  • February, 2013

  • Feb 26, 2013

    Date

    Sold (Public Records)

    Public Records

    $285,000

    Price

Show More

Tax History for 7250 Franklin Ave #512

Assessed Value (2020): $624,239
Year Land Value Improved Value Assessed Value
2020 $403,259 $220,980 $624,239

Home Value Compared to the Market

This property vs the competition

7250 Franklin Ave #512 sold on March 15, 2024 for 41.26% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $692.77 per/sqft which puts the price per square foot 8.24% lower than the current median sale per square foot for the city of Los Angeles.

About 7250 Franklin Ave #512

Detailed summary of property

7250 Franklin Ave #512 is a condominium that recently sold in Los Angeles, CA 90046. This condo offered 2 bedrooms, 2 bathrooms, roughly 1,009 living square feet, and sits on an approximately 53,531 square foot lot. 7250 Franklin Ave #512 was first listed on ArdentRealEstateGroup.com on January 16, 2024. The homeowner sold the property for $715,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 41.26% lower than the current median priced home. Local homes that are currently for sale include 7560 Hollywood Blvd #109, 7560 Hollywood Blvd #403 and 1345 N Fuller Ave #306. This home does have a Homeowners Association and the monthly fee is $859 per month. While the average home in Los Angeles, CA is selling in 92 days, 7250 Franklin Ave #512 has a days on market of 22 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 7250 Franklin Ave #512 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 #512

Public county record property details
Beds
2
Baths
2
Year built
1964
Sq. Ft.
1,009
Lot Size
53,578
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1
APN
5548-025-072

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
$1,965,000
Median List Price/Sq.Ft.
$938
Median Sold Price
$2,000,000
Median Sold Price/Sq.Ft.
$856
Total Inventory
226
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%)

Thinking of Selling?

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Recently Sold Homes Near 7250 Franklin Ave #512

7249 Franklin Ave #104, Los Angeles, CA 90046
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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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