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7250 Franklin Ave Unit 409, Los Angeles, CA, 90046

$815,000

Home List Price

$9,678*

Closing Credit

2 Bedrooms
2 Full Baths
1,393 SqFt
$585/SqFt
Condo

Location

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7250 Franklin Ave Unit 409, Los Angeles$815,000

Buyer Closing Credits

$9,678*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Door-Multi, Garage, Guest, Paved, Community Structure, Storage, Valet
Attached GarageYes
Year Built1964
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights, Hills, Other, Pool
MLS #24453647
Lot Size1.23 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 7250 Franklin Ave Unit 409

Stylish Condo in the Heart of West Hollywood! Welcome to Unit 409 at 7250 Franklin Ave, a stunning condo that perfectly blends modern elegance with urban convenience. This beautifully designed space features an open floor plan, allowing for seamless flow between the living, dining, and kitchen areas. Large windows flood the unit with natural light, highlighting the chic finishes and contemporary design. The gourmet kitchen boasts appliances, sleek countertops, and ample storage, making it a chef's dream. Retreat to the spacious bedrooms, complete with generous closet space and a serene atmosphere. The bathroom features modern fixtures and a spa-like feel, perfect for unwinding after a long day. Experience the ultimate in luxury living with resort-style amenities, featuring a sparkling pool, sauna, fitness center, valet service, and a rooftop terrace boasting breathtaking city and hill views. This property is situated in the iconic Franklin Towers, a premier full-service high-rise condo in Hollywood. Enjoy 24-hour security, and on-site management. Just steps away from the best hiking trails, trendy shops, restaurants, and entertainment options, this condo embodies the quintessential Hollywood lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 1964
  • Stories: 0
  • Living Area: 1,393 SqFt

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (310) 454-0080
  • Listing Agent: Isabella Lutzi Luthje

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Interior: Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City Lights, Hills, Other, Pool

Parking Information:

  • Attached Garage: Yes
  • Parking: Assigned, Door-Multi, Garage, Guest, Paved, Community Structure, Storage, Valet

Lot Features

Lot Information:

  • Lot Size: 1.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: West on Franklin Ave from N La Brea, and 7350 Franklin Ave will be on the right. Right after Runyon Canyon entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $815,000
  • Price Per SqFt: $585/SqFt

HOA Fees:

  • Amount: $1080
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $9,247
  • 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 409 vs Los Angeles

62 DAYS ON ROCKET

+24 Days

$815,000

-$206.5K Less

$585/SqFt

-$55 Less

KEY TAKEAWAY

This property is $206.5K less than the Median Sold Price and $55/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: #24453647

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (310) 454-0080
  • Listing Agent: Isabella Lutzi Luthje

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, 2:20:58 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 31, 2018Home Sold
$750,000
Nov 15, 2011Home Sold
$518,500
Mar 17, 2004Home Sold
$510,500
Dec 27, 2002Home Sold
$435,000
May 25, 1990Home Sold
$220,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,247$772,925
2020$8,900$765,000
2019$9,993$750,000
2018$6,785$821,000
2017$6,785$561,148

History based on county public records data.

Payment Calculator

$5,215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,510

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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-4337364
4
/10

  • Gardner Street Elementary

  • 7450 Hawthorn Ave

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-4337365
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.30 miles

  • Public District Grades KG-5

school-card-donut-4337366
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 majority of Los Angeles, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most 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 409

What is the listing price of this property?

The listing price of 7250 Franklin Ave Unit 409 property is $815,000.

What type of property is this?

The property 7250 Franklin Ave Unit 409 is a condo located in Los Angeles, California, 90046.

Is this property for sale now?

Accepting Backup Offers: 7250 Franklin Ave Unit 409 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,247 (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 31, 2018 for $750,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7250 Franklin Ave Unit 409 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7250 Franklin Ave Unit 409 is 1,393 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7250 Franklin Ave Unit 409 is 1964.

Rocket Homes›California›Los Angeles County›Los Angeles›90046›7250 Franklin Ave Unit 409

This home is located at 7250 Franklin Ave Unit 409 in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 1,393 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 17, 2024 and is currently priced at $815,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

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

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