7250 Franklin Ave #705, Los Angeles, CA 90046
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7250 Franklin Ave #705 Los Angeles, CA 90046

$875,000
  • 1 Beds
  • 1.5 Baths
  • 1,090 Sq.Ft.
For Sale
$875,000 Get Pre-Qualified

Map preview of 7250 Franklin Ave #705, Los Angeles, CA 90046

Property Overview: 7250 Franklin Ave #705 Los Angeles, CA has 1 bedrooms, 1.5 bathrooms, 1,090 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 designer's accomplished high-rise condo exemplifies architectural elegance and refinement, spanning 1,090 square feet of meticulously curated living spaces with breathtaking views of the Hollywood Hills, Yamashiro, and the iconic Griffith Observatory. Every detail has been designed for the discerning buyer, creating a luxury living experience. The open floor plan effortlessly integrates the spaces, making it perfect for both relaxation and entertaining all framed by your floor to ceiling Western sliding doors and windows and custom draperies. These state-of-the-art installations ensure unparalleled sound and energy efficiency, gliding with gentle ease to seamlessly blend your indoor living space with the large outdoor terrace. The terrazzo flooring exudes timeless sophistication, while all the walls and ceilings are Venetian plaster adding a rich, tactile dimension to every room. Thoughtfully LED illuminated wall and ceiling coves create a sophisticated ambiance and focal points. In the living area, the sleek fireplace not only serves as a cozy, contemporary focal point but also houses a custom built-in 75" flat-screen TV above the fireplace, combining luxury and functionality seamlessly.The open modern designed kitchen, with appliances cleverly hidden behind custom cabinet panels for a sleek, seamless look, combines to create a sophisticated and efficient culinary space. Enjoy a Sub-Zero fridge, Miele dishwasher, induction cooktop, built-in microwave, oven, and ample cabinetry spanning the kitchen, dining area buffet and under bar. Easy transition to dining area perfect for entertaining. Guests enjoy a reimagined expanded powder room featuring a custom vanity with a backlit LED mirror, ensuring that every detail exudes sophistication and practicality.The expansive bedroom suite is a true retreat, featuring comfortable additional living areas, sliding doors to the connected terrace, and custom cabinetry that offers ample storage. The en-suite bathroom creates relaxation with a Victoria + Albert soaking tub with wall tub filler, a glass-enclosed rain shower, a floating vanity with built-in wall mirrored storage and Lacava fixtures.Situated in a prime location, you'll find yourself at the footsteps of the city's best hiking trail, Runyon Canyon, local dining options, world renowned entertainment venues and attractions, all just steps away. Included are two single parking spaces, and added private storage cabinets. This is more than a home; it's a lifestyle statement, a sanctuary of sophistication amidst the vibrant cityscape.Franklin Towers provides a lifestyle that combines a refined lobby with doorman, valet guest parking, electric car charging stations, security, resort size pool/spa, club house with steam rooms, dry saunas, yoga room and full kitchen along w/ dog run, rooftop sundeck and gym.

Listed by Ian Rhodes | BRE #01844869 | Keller Williams Realty Los Feliz
Co-listed by Kimberly Green | BRE #01936503 | Keller Williams Realty Los Feliz
Last checked: 14 seconds ago | Last updated: June 11th, 2024 | Source CRMLS | DOM: 15
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Home details

Lot Sq. Ft
53,531
HOA Dues
$1011/mo
Year built
1964
Garage
--
Property Type:
Condominium
Status
Active
MLS#
24397471
City
Los Angeles
County
Los Angeles
Time on Site
18 days

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Property Details for 7250 Franklin Ave #705

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Stackable, None
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Living Room, Primary Bathroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
  • Window Features: Double Pane Windows
  • Security Features: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Resident Manager, Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Association, Heated, In Ground
Exterior Features
  • No Pool
  • Pool Features: Association, Fenced, Heated, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned, Auto Driveway Gate, Community Structure, Gated, Subterranean, Valet, Guest
Property Information
  • Has View
  • View: Hills
  • Total # of Units: 190
  • Parcel Number: 5548025097
  • Entry Level: 7
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $1,011 (Monthly)
  • Association Amenities: Pet Rules, Controlled Access, Concierge, Clubhouse, Meeting Room, Spa/Hot Tub, Security, Sauna, Recreation Room, Pool
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of La Brea Ave, West of Fuller Ave, 1 Block south of Runyon Canyon Hiking Trail.
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Sale History for 7250 Franklin Ave #705

Last sold for $665,000 on August 19th, 2019
  • May, 2024

  • May 30, 2024

    Date

    Active

    CRMLS: 24397471

    $875,000

    Price

  • August, 2019

  • Aug 19, 2019

    Date

    Sold (Public Records)

    Public Records

    $665,000

    Price

  • September, 2012

  • Sep 20, 2012

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

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Tax History for 7250 Franklin Ave #705

Assessed Value (2020): $390,486
Year Land Value Improved Value Assessed Value
2020 $252,094 $138,392 $390,486

Home Value Compared to the Market

This property vs the competition

7250 Franklin Ave #705 is listed 30% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $802.75 per/sqft which puts the price per square foot 2.92% higher than the median price per square foot for the city of Los Angeles.

About 7250 Franklin Ave #705

Detailed summary of property

7250 Franklin Ave #705 is a condominium located in Los Angeles, CA 90046 and is currently for sale. This condo offers 1 bedrooms, 1.5 bathrooms, roughly 1,090 living square feet, and sits on an approximately 53,531 square foot lot. 7250 Franklin Ave #705 was first listed on ArdentRealEstateGroup.com on May 30, 2024. The homeowner is currently asking $875,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 30% lower than the median priced home. Local competing homes currently for sale include 6735 Yucca St #109, 7960 Selma Ave #207 and 7949 Selma Ave #18. This home does have a Homeowners Association and the monthly fee is $1,011 per month. While the average home in Los Angeles, CA is selling in 98 days, 7250 Franklin Ave #705 has a days on market of 15 days. There are currently 3912 homes for sale in the Los Angeles real estate market and 2639 of them are single family homes while 1161 of them are condos and 105 are townhomes. For more information on this home for sale at 7250 Franklin Ave #705 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 #705

Public county record property details
Beds
1
Baths
2
Year built
1964
Sq. Ft.
1,090
Lot Size
53,578
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1
APN
5548-025-097

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
$2,099,000
Median List Price/Sq.Ft.
$913
Median Sold Price
$1,713,000
Median Sold Price/Sq.Ft.
$1,000
Total Inventory
247
Median Sale to List Price %
95.22%
Avg Days on Market
45
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (7.69%), Other (11.54%)

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Related Resources to 7250 Franklin Ave #705

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.