2 months on rocket

7250 Franklin Ave Unit 112, Los Angeles, CA, 90046

$769,000

Home List Price

$9,132*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,009 SqFt
$762/SqFt
Condo

Location

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7250 Franklin Ave Unit 112, Los Angeles$769,000

Buyer Closing Credits

$9,132*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Controlled Entrance, Underground, Garage, Guest, Community Structure, Tandem, Valet
Year Built1964
HeatingCentral
CoolingCentral Air
FireplaceNone
MLS #24442849
Lot Size1.23 Acres
StatusActive

About 7250 Franklin Ave Unit 112

Welcome home to Franklin Towers, where luxury and convenience seamlessly converge at this full-service high rise at the base of Runyon Canyon. Truly a designer unit, this remodeled single-level condo features two bedrooms and two bathrooms. Renovations include, new flooring throughout, new appliances, quartz kitchen countertops and modernized bathrooms. The stylish kitchen, complete with a wine refrigerator, seamlessly connects to a dining area and spacious living room. The primary bedroom is generously appointed, showcasing a private balcony, dual closets, and a renovated en-suite bathroom with a soaking tub. The second bedroom can also serve as an office. Washer and dryer can be installed within the unit. There are laundry rooms on each floor of the building. The unit includes two tandem assigned parking spaces with an electric car charger. Franklin Towers offers a refined living experience with valet guest parking, a resort-sized pool and spa, a clubhouse with 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.

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: Ashley Schweikert

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Flooring Type: Laminate, Tile
  • Fireplace: None

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned, Controlled Entrance, Underground, Garage, Guest, Community Structure, Tandem, Valet

Lot Features

Lot Information:

  • Lot Size: 1.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: On Franklin Avenue, between N Fuller Avenue and N La Brea Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $769,000
  • Price Per SqFt: $762/SqFt

HOA Fees:

  • Amount: $992
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,550
  • 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 112 vs Los Angeles

78 DAYS ON ROCKET

+40 Days

$769,000

-$252.5K Less

$762/SqFt

+$122 More

KEY TAKEAWAY

This property is $252.5K less than the Median Sold Price and $122/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: #24442849

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 777-6200
  • Listing Agent: Ashley Schweikert

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, 9:20:59 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

Sep 17, 2021Home Sold
$599,000
May 02, 2011Home Sold
$317,000
Feb 17, 2010Home Sold
$275,000
Apr 01, 2005Home Sold
$395,000
May 28, 1991Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,550$375,195
2020$4,346$371,349
2019$4,336$364,069
2018$4,243$356,931
2017$4,243$349,934

History based on county public records data.

Payment Calculator

$4,898

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,372

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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-4467604
4
/10

  • Gardner Street Elementary

  • 7450 Hawthorn Ave

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-4467605
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.30 miles

  • Public District Grades KG-5

school-card-donut-4467606
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. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7250 Franklin Ave Unit 112

What is the listing price of this property?

The listing price of 7250 Franklin Ave Unit 112 property is $769,000.

What type of property is this?

The property 7250 Franklin Ave Unit 112 is a condo located in Los Angeles, California, 90046.

Is this property for sale now?

Active Listing: 7250 Franklin Ave Unit 112 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 $4,550 (source: MLS/based on county public records data).

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

The last sale was on September 17, 2021 for $599,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7250 Franklin Ave Unit 112 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7250 Franklin Ave Unit 112 is 1,009 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7250 Franklin Ave Unit 112 is 1964.

Rocket Homes›California›Los Angeles County›Los Angeles›90046›7250 Franklin Ave Unit 112

This home is located at 7250 Franklin Ave Unit 112 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 October 01, 2024 and is currently priced at $769,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.

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

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