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7309 Franklin Ave #501, Los Angeles, CA 90046
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7309 Franklin Ave #501 Los Angeles, CA 90046

$760,000 Sold Price as of 06/06/2023
  • 2 Beds
  • 2 Baths
  • 1,327 Sq.Ft.
Sold
$760,000 Sold Price as of 06/06/2023 Refinance Your Mortgage
Map preview of 7309 Franklin Ave #501, Los Angeles, CA 90046

Property Overview: 7309 Franklin Ave #501 Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,327 living square feet and 19,545 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Sun-drenched Hollywood penthouse with mountain and city views! This light and bright top floor unit overlooks the pool and offers great views of Runyon Canyon from the living and dining room and westward facing views of hills and the Century City skyline from the 2 bedrooms. Recently refreshed with new carpet, new flooring in the bathrooms, and new paint, this unit's highlights include a spacious living room that opens to a large balcony, 2 good-sized bedrooms, ample closet space, and 2 side-by-side parking spots in the gated garage. Unbeatable location: just 1 block from the entrance to Runyon Canyon, minutes from Hollywood and the Sunset Strip, and only a short drive away from West Hollywood, Beverly Hills, and the major studios. This is a spectacular opportunity to own a penthouse in the entertainment capital of the world!

Listed by Juliette Hohnen | BRE #01772623 | Douglas Elliman
Last checked: 4 minutes ago | Last updated: June 14th, 2023 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
19,545
HOA Dues
$600/mo
Year built
1962
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
23264221
City
Los Angeles
County
Los Angeles
Time on Site
340 days

Property Details for 7309 Franklin Ave #501

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
  • Flooring: Carpet, Vinyl
  • Living Room, Master Bathroom
Kitchen Information
  • Has Appliances
  • Refrigerator
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: Card/Code Access
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: Community, Heated
Exterior Features
  • No Pool
  • Pool Features: Heated, Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Community Structure, Side by Side, Gated
Property Information
  • Has View
  • View: Canyon, City Lights, Mountain(s), Pool
  • Total # of Units: 30
  • Parcel Number: 5572029051
  • Entry Level: 5
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $600 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub
Location / Neighborhood
Location Information
  • Directions: North of Hollywood Blvd, northwest corner of Franklin Ave and Fuller Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 7309 Franklin Ave #501

Last sold for $760,000 on June 6th, 2023

  • June, 2023

  • Jun 6, 2023

    Date

    Sold

    CRMLS: 23264221

    $760,000

    Price

  • May 11, 2023

    Date

    Active

    CRMLS: 23264221

    $668,000

    Price

Tax History for 7309 Franklin Ave #501

Assessed Value (2020): $334,990
Year Land Value Improved Value Assessed Value
2020 $150,234 $184,756 $334,990

Home Value Compared to the Market

This property vs the competition

7309 Franklin Ave #501 sold on June 6, 2023 for 43.87% 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 $503.39 per/sqft which puts the price per square foot 33.33% lower than the current median sale per square foot for the city of Los Angeles.

About 7309 Franklin Ave #501

Detailed summary of property

7309 Franklin Ave #501 is a condominium that recently sold in Los Angeles, CA 90046. This condo offered 2 bedrooms, 2 bathrooms, roughly 1,327 living square feet, and sits on an approximately 19,545 square foot lot. 7309 Franklin Ave #501 was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $760,000. 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 43.87% lower than the current median priced home. Local homes that are currently for sale include 7560 Hollywood Blvd #403, 1345 N Fuller Ave #306 and 1420-107 N Stanley Ave. This home does have a Homeowners Association and the monthly fee is $600 per month. While the average home in Los Angeles, CA is selling in 93 days, 7309 Franklin Ave #501 has a days on market of 7 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 7309 Franklin Ave #501 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 7309 Franklin Ave #501

Public county record property details
Beds
2
Baths
2
Year built
1962
Sq. Ft.
1,327
Lot Size
19,544
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
--
APN
5572-029-051

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
$1,950,000
Median List Price/Sq.Ft.
$938
Median Sold Price
$2,000,000
Median Sold Price/Sq.Ft.
$856
Total Inventory
224
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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Thinking of Selling?
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(714) 706-1823

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Recently Sold Homes Near 7309 Franklin Ave #501

7309 Franklin Ave #104, Los Angeles, CA 90046
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7309 Franklin Ave #404, Los Angeles, CA 90046
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7309 Franklin Ave #101, 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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