2 months on rocket

7250 Franklin Ave Unit 504, Los Angeles, CA, 90046

$599,000

Home List Price

$7,113*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,047 SqFt
$572/SqFt
Condo

Location

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7250 Franklin Ave Unit 504, Los Angeles$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingCommunity Structure
Year Built1964
HeatingCentral
FireplaceNone
ViewCity Lights, Other, Pool
MLS #24445211
Lot Size1.23 Acres
StatusActive

About 7250 Franklin Ave Unit 504

Very Spacious one Bedroom with tons of closet space. Unit has 1.5 Baths and five individual closets Located in a premier Hollywood high-rise within near distance of Runyon Canyon This is a full service property with 24-hr Security pool spa gym roof top deck and much more Property is a conservatorship sale requiring court confirmation. Unit is priced competitively and requires some TLC

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 13
  • Living Area: 1,047 SqFt

Listing Office:

  • Office Name: Gold Realtors
  • Office Phone: (323) 882-8200
  • Listing Agent: Roland Watkins

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave
  • Flooring Type: Laminate
  • Interior: Balcony, Open Floorplan, Tandem
  • 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:

  • Parking: Community Structure

Lot Features

Lot Information:

  • Lot Size: 1.23 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: 1-Block North of Hollywood Bl West of Labrea

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $572/SqFt

HOA Fees:

  • Amount: $992
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,523
  • 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 504 vs Los Angeles

68 DAYS ON ROCKET

+30 Days

$599,000

-$422.5K Less

$572/SqFt

-$68 Less

KEY TAKEAWAY

This property is $422.5K less than the Median Sold Price and $68/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: #24445211

Listing Office:

  • Office Name: Gold Realtors
  • Office Phone: (323) 882-8200
  • Listing Agent: Roland Watkins

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, 8:20:59 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

Dec 29, 1998Home Sold
$135,000
Nov 28, 1995Home Sold
$71,000
Apr 30, 1991Home Sold
$153,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,523$195,500
2020$2,383$193,497
2019$2,378$189,704
2018$2,329$185,986
2017$2,329$182,340

History based on county public records data.

Payment Calculator

$4,049

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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-4450792
4
/10

  • Gardner Street Elementary

  • 7450 Hawthorn Ave

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-4450793
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.30 miles

  • Public District Grades KG-5

school-card-donut-4450794
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. Residents typically live in single, no kids family. 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 504

What is the listing price of this property?

The listing price of 7250 Franklin Ave Unit 504 property is $599,000.

What type of property is this?

The property 7250 Franklin Ave Unit 504 is a condo located in Los Angeles, California, 90046.

Is this property for sale now?

Active Listing: 7250 Franklin Ave Unit 504 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 $2,523 (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 29, 1998 for $135,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7250 Franklin Ave Unit 504 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7250 Franklin Ave Unit 504 is 1,047 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7250 Franklin Ave Unit 504 is 1964.

Rocket Homes›California›Los Angeles County›Los Angeles›90046›7250 Franklin Ave Unit 504

This home is located at 7250 Franklin Ave Unit 504 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 October 11, 2024 and is currently priced at $599,000.

Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $1,021,532, 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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