2 months on rocket

7250 Franklin Ave Unit 302, Los Angeles, CA, 90046

$699,000

Home List Price

$8,301*

Closing Credit

2 Bedrooms
2 Full Baths
1,377 SqFt
$508/SqFt
Condo

Location

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7250 Franklin Ave Unit 302, Los Angeles$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Controlled Entrance
Year Built1964
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights
MLS #24431547
Lot Size1.23 Acres
StatusActive

About 7250 Franklin Ave Unit 302

Experience Old Hollywood glamour at the elegant Iconic Franklin Towers. Just moments from the Sunset Strip and Hollywood Boulevard's boutiques and restaurants, with easy Metro access and hiking trails in Runyon Canyon right outside your door.This stunning 2B/2B, 1,377 sq. ft. Art Deco-inspired corner unit offers breathtaking views from every room. Enjoy waterproof luxury plank laminate flooring, tile in the kitchen and bathrooms, and two private balconies with sweeping city vistas. The kitchen features granite countertops, an electric cooktop, wall oven, microwave/convection oven, refrigerator, disposal, wine fridge, and ample storage. The building boasts 24-hour concierge service, valet parking, a pool and spa with a sundeck, steam rooms, saunas, and a yoga room. The elegant clubhouse includes a Tea Room, kitchen, lounge, party area, boardroom, and a welcoming lobby. A rooftop deck with panoramic views and an enclosed gym complete the luxury experience. Live the ultimate Hollywood lifestyle at Franklin Towers.

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 1964
  • Stories: 12
  • Living Area: 1,377 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (747) 888-0508
  • Listing Agent: Lorena Tellez Sanchez

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Laminate
  • Interior: Separate/Formal Dining Room
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Parking: Assigned, Controlled Entrance

Lot Features

Lot Information:

  • Lot Size: 1.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: La Brea and Franklin Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $508/SqFt

HOA Fees:

  • Amount: $1077
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,516
  • 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 302 vs Los Angeles

83 DAYS ON ROCKET

+45 Days

$699,000

-$324.4K Less

$508/SqFt

-$133 Less

KEY TAKEAWAY

This property is $324.4K less than the Median Sold Price and $133/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: #24431547

Listing Office:

  • Office Name: Compass
  • Office Phone: (747) 888-0508
  • Listing Agent: Lorena Tellez Sanchez

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

Aug 25, 1999Home Sold
$256,000
Jun 30, 1995Home Sold
$125,000
Jul 29, 1993Home Sold
$168,542

Tax History

YEARPROP. TAXASSESSMENT
2021$4,516$363,484
2020$4,316$359,758
2019$4,308$352,705
2018$4,217$345,790
2017$4,217$339,011

History based on county public records data.

Payment Calculator

$4,633

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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-427452
4
/10

  • Gardner Street Elementary

  • 7450 Hawthorn Ave

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-427453
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.30 miles

  • Public District Grades KG-5

school-card-donut-427454
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. Most families are 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 302

What is the listing price of this property?

The listing price of 7250 Franklin Ave Unit 302 property is $699,000.

What type of property is this?

The property 7250 Franklin Ave Unit 302 is a condo located in Los Angeles, California, 90046.

Is this property for sale now?

Active Listing: 7250 Franklin Ave Unit 302 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 $4,516 (source: MLS/based on county public records data).

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

The last sale was on August 25, 1999 for $256,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7250 Franklin Ave Unit 302 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7250 Franklin Ave Unit 302 is 1,377 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7250 Franklin Ave Unit 302 is 1964.

Rocket Homes›California›Los Angeles County›Los Angeles›90046›7250 Franklin Ave Unit 302

This home is located at 7250 Franklin Ave Unit 302 in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 1,377 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 August 24, 2024 and is currently priced at $699,000.

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. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

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

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