2 months on rocket

7250 Franklin Ave Unit 117, Los Angeles, CA, 90046

$650,000

Home List Price

$7,719*

Closing Credit

2 Bedrooms
2 Full Baths
1,363 SqFt
$477/SqFt
Condo

Location

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7250 Franklin Ave Unit 117, Los Angeles$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Underground, Community Structure
Attached Garage3 spaces
Year Built1964
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNone
Private PoolYes
MLS #P1-19229
Lot Size1.23 Acres
StatusActive

About 7250 Franklin Ave Unit 117

Welcome to your new condo in the lovely Runyon Canyon neighborhood of Los Angeles! Centrally located near shops and restaurants, yet tucked away from the hustle and bustle of Hollywood Blvd, sits this well-maintained 2-Bed 2-Bath condo in the prestigious Franklin Towers building. This condo offers 1,363 SF of open floor plan with expansive patio and pool views. Upon entering, you are welcomed with a large foyer leading to the large galley kitchen with stainless steel appliances, pantry with built-in shelves, water purifier, & large peninsula overlooking the living room. The living space has large windows showing off the back patio with double-paned sliding doors for a great indoor / outdoor flow. There is a built-in sound system throughout the condo with speakers in every room. There are two bedrooms, both offering privacy and serenity with plenty of room for relaxation. The primary suite features two walk-in closets, an ensuite bathroom, and great natural lighting. The hall bathroom contains beautiful granite countertops and a shower over tub. Recent renovations include new recessed lighting, new kitchen cabinets, and new paint throughout. Franklin Towers offers residents a community pool, sauna, steam room, recreational space, and 24/7 front desk staff to assist with any of your needs. Don't delay on this amazing opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1964
  • Living Area: 1,363 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Email: daveknightrealestate@gmail.com
  • Listing Agent: David Knight

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Water Purifier
  • Flooring Type: Laminate
  • Interior: Recessed Lighting, All Bedrooms Down, Primary Suite
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: None
  • Exterior: Balcony

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Underground, Community Structure

Lot Features

Lot Information:

  • Lot Size: 1.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: On the corner of Hollywood Blvd. & N. La Brea Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $477/SqFt

HOA Fees:

  • Amount: $1090
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $8,764
  • 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

1542

7250 Franklin Ave Unit 117 vs Los Angeles

64 DAYS ON ROCKET

+26 Days

$650,000

-$373.4K Less

$477/SqFt

-$164 Less

KEY TAKEAWAY

This property is $373.4K less than the Median Sold Price and $164/SqFt less 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: #P1-19229

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Email: daveknightrealestate@gmail.com
  • Listing Agent: David Knight

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: 11/15/2024, 10:20:51 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

Dec 16, 2020Home Sold
$725,000
Jul 22, 2004Home Sold
$549,000
Dec 30, 1996Home Sold
$135,500
Nov 29, 1993Home Sold
$130,000
May 09, 1989Home Sold
$171,500

Tax History

YEARPROP. TAXASSESSMENT
2021$8,764$725,000
2020$8,147$699,721
2019$8,132$686,002
2018$7,955$672,552
2017$7,955$659,366

History based on county public records data.

Payment Calculator

$4,402

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-433365
4
/10

  • Gardner Street Elementary

  • 7450 Hawthorn Ave

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-433366
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.30 miles

  • Public District Grades KG-5

school-card-donut-433367
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. The most common annual income of people living in Los Angeles, CA is 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 117

What is the listing price of this property?

The listing price of 7250 Franklin Ave Unit 117 property is $650,000.

What type of property is this?

The property 7250 Franklin Ave Unit 117 is a condo located in Los Angeles, California, 90046.

Is this property for sale now?

Active Listing: 7250 Franklin Ave Unit 117 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 $8,764 (source: MLS/based on county public records data).

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

The last sale was on December 16, 2020 for $725,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7250 Franklin Ave Unit 117 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7250 Franklin Ave Unit 117 is 1,363 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7250 Franklin Ave Unit 117 is 1964.

Rocket Homes›California›Los Angeles County›Los Angeles›90046›7250 Franklin Ave Unit 117

This home is located at 7250 Franklin Ave Unit 117 in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 1,363 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 12, 2024 and is currently priced at $650,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

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

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