1 month on rocket

7250 Franklin Ave Unit 204, Los Angeles, CA, 90046

$625,000

Home List Price

$7,422*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,047 SqFt
$597/SqFt
Condo

Location

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7250 Franklin Ave Unit 204, Los Angeles$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Gated, One Space, Community Structure, Valet
Garage2 spaces
Year Built1964
HeatingCentral
FireplaceNone
ViewCity Lights, Other, Pool
MLS #24464473
Lot Size1.23 Acres
StatusActive

About 7250 Franklin Ave Unit 204

Experience the epitome of luxury living in this exquisite 1-bedroom, 1.5-bath condominium nestled within the prestigious Franklin Towers high-rise. Now available for sale, this remarkable unit offers as (optional) furnished or unfurnished. Step into the living room and be captivated by the soaring 10-foot ceilings that create an expansive and airy ambiance. The space has been thoughtfully partially renovated, infusing modern elegance throughout. From the rimary bedroom, indulge in uninterrupted views of the pool, opulent clubhouse and Hollywood lights. Franklin Towers is renowned for its exceptional amenities, including 24/7 security, concierge services, and valet parking. Enjoy the convenience of two dedicated parking spaces in the secure underground garage, along with onsite property management. Elevate your lifestyle with access to a state-of-the-art rooftop fitness center and two sundecks, where you can soak in breathtaking 360-degree views of Hollywood. The resort-style clubhouse is a haven of relaxation, featuring a pool, jacuzzi, sauna, lounge, kitchen, and bathrooms with showers, as well as a yoga room.Perfectly situated just 0.1 miles from the scenic Runyon Canyon and a mere 0.4 miles from the iconic Hollywood Sunset Strip. This location offers unparalleled access to renowned shops and restaurants. Don't miss the opportunity to experience this unique and luxurious living experience.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 14
  • Living Area: 1,047 SqFt

Listing Office:

  • Office Name: Christie's International Real Estate SoCal
  • Office Phone: (424) 249-7162
  • Listing Agent: Colin Boyd

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Refrigerator
  • Flooring Type: Laminate
  • Interior: Separate/Formal Dining Room, High Ceilings, Dressing Area
  • Fireplace: None

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Gated, One Space, Community Structure, Valet

Lot Features

Lot Information:

  • Lot Size: 1.23 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: From Sunset Blvd. head North on La Brea Blvd. Turn left and head West on Franklin Ave for 500ft. Franklin Towers is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $597/SqFt

HOA Fees:

  • Amount: $992
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,024
  • 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 204 vs Los Angeles

41 DAYS ON ROCKET

+3 Days

$625,000

-$396.5K Less

$597/SqFt

-$43 Less

KEY TAKEAWAY

This property is $396.5K less than the Median Sold Price and $43/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: #24464473

Listing Office:

  • Office Name: Christie's International Real Estate SoCal
  • Office Phone: (424) 249-7162
  • Listing Agent: Colin Boyd

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: 12/30/2024, 11:21:01 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

Jul 21, 2010Home Sold
$345,000
Aug 24, 2004Home Sold
$402,000
Jun 25, 1998Home Sold
$117,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,024$408,338
2020$4,808$404,152
2019$4,799$396,228
2018$4,698$388,460
2017$4,698$380,844

History based on county public records data.

Payment Calculator

$4,179

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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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-2161178
4
/10

  • Gardner Street Elementary

  • 7450 Hawthorn Ave

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-2161179
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.30 miles

  • Public District Grades KG-5

school-card-donut-2161180
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. Typical income of Los Angeles, CA residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7250 Franklin Ave Unit 204

What is the listing price of this property?

The listing price of 7250 Franklin Ave Unit 204 property is $625,000.

What type of property is this?

The property 7250 Franklin Ave Unit 204 is a condo located in Los Angeles, California, 90046.

Is this property for sale now?

Active Listing: 7250 Franklin Ave Unit 204 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 $5,024 (source: MLS/based on county public records data).

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

The last sale was on July 21, 2010 for $345,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7250 Franklin Ave Unit 204 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7250 Franklin Ave Unit 204 is 1,047 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7250 Franklin Ave Unit 204 is 1964.

Rocket Homes›California›Los Angeles County›Los Angeles›90046›7250 Franklin Ave Unit 204

This home is located at 7250 Franklin Ave Unit 204 in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 1,047 square foot home, which was built in 1964, sits on a 1.23 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $625,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. 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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