2 months on rocket

7250 Franklin Ave Unit 1112, Los Angeles, CA, 90046

$795,000

Home List Price

$9,441*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,009 SqFt
$788/SqFt
Condo

Location

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7250 Franklin Ave Unit 1112, Los Angeles$795,000

Buyer Closing Credits

$9,441*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingConverted Garage, Guest, Side By Side, Valet
Year Built1964
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights, Canyon, Other, Panoramic
MLS #24445425
Lot Size1.23 Acres
StatusActive

About 7250 Franklin Ave Unit 1112

Ultra-modern remodeled "loft like" light & bright open floor plan 1 bedroom, previously 2 bedroom, in the upscale full amenity hire rise bldg, Franklin Towers. Unit features Indian rosewood hdwd flrs, Sexy bath & powder, Caesar stone counter tops, in wall home audio speakers, custom lighting and W&D combo in unit. Modern design elements & various textured finishes make this unit a truly unique space. Bedroom offers an open large closet or an office area. Unobstructed views of the city, Downtown skylines & Runyon Canyon plus the unique double balcony make this unit very entertainment friendly. Bldg just went through a massive remodel making it even more grand and luxurious. New impressive lobby entry, rooftop gym, outdoor rooftop sky lounge with jetliner views of LA, Grand pool, hot tub, sauna & steam room and 24hr concierge, valet & security. Close to Runyon Canyon and many day & night life that Hollywood has to offer. Two side by side parking spots. Vacant and ready to be sold.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1964
  • Stories: 0
  • Living Area: 1,009 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 777-6200
  • Listing Agent: P. Peter Gabayan

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Flooring Type: Wood
  • Interior: Breakfast Bar, Separate/Formal Dining Room
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Canyon, Other, Panoramic

Parking Information:

  • Parking: Converted Garage, Guest, Side By Side, Valet

Lot Features

Lot Information:

  • Lot Size: 1.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Between Fuller & La Brea and just North of Hollywood Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $795,000
  • Price Per SqFt: $788/SqFt

HOA Fees:

  • Amount: $859
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $8,015
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

7250 Franklin Ave Unit 1112 vs Los Angeles

82 DAYS ON ROCKET

+44 Days

$795,000

-$226.5K Less

$788/SqFt

+$148 More

KEY TAKEAWAY

This property is $226.5K less than the Median Sold Price and $148/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24445425

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 777-6200
  • Listing Agent: P. Peter Gabayan

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 04, 2006Home Sold
$578,000
Jan 21, 2000Home Sold
$189,000
Jun 28, 1991Home Sold
$173,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,015$663,000
2020$7,152$596,000
2019$7,280$596,000
2018$7,179$596,000
2017$7,179$596,000

History based on county public records data.

Payment Calculator

$4,894

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,450

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4502623
4
/10

  • Gardner Street Elementary

  • 7450 Hawthorn Ave

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-4502624
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.30 miles

  • Public District Grades KG-5

school-card-donut-4502625
5
/10

  • Cheremoya Avenue School

  • 6017 Franklin Ave

  • 1.55 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,188. Most Los Angeles, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7250 Franklin Ave Unit 1112

What is the listing price of this property?

The listing price of 7250 Franklin Ave Unit 1112 property is $795,000.

What type of property is this?

The property 7250 Franklin Ave Unit 1112 is a condo located in Los Angeles, California, 90046.

Is this property for sale now?

Active Listing: 7250 Franklin Ave Unit 1112 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,015 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 4, 2006 for $578,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7250 Franklin Ave Unit 1112 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7250 Franklin Ave Unit 1112 is 1,009 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7250 Franklin Ave Unit 1112 is 1964.

Rocket Homes›California›Los Angeles County›Los Angeles›90046›7250 Franklin Ave Unit 1112

This home is located at 7250 Franklin Ave Unit 1112 in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 1,009 square foot home, which was built in 1964, sits on a 1.23 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $795,000.

Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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