2 months on rocket

7250 Franklin Ave Unit 910, Los Angeles, CA, 90046

$729,000

Home List Price

$8,657*

Closing Credit

2 Bedrooms
2 Full Baths
1,248 SqFt
$584/SqFt
Condo

Location

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7250 Franklin Ave Unit 910, Los Angeles$729,000

Buyer Closing Credits

$8,657*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered, Garage, Gated
Attached Garage2 spaces
Year Built1964
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewHills, Mountain(s), Neighborhood, Pool
MLS #SR24170990
Lot Size1.23 Acres
StatusActive

About 7250 Franklin Ave Unit 910

Back in the market. Buyer cancelled due to their finances at no fault to the seller. Motivated seller. Experience luxury living in this beautifully Remodeled condo in the iconic Franklin Towers, offering breathtaking views of the Hollywood Sign, Griffith Observatory, and Yamashiro from your private balcony. Situated at the base of Runyon Canyon, this spacious 2-bedroom, 2-bathroom unit in a doorman and gated building provides an array of premium amenities. The bright, open living and dining areas feature hardwood floors, crown molding, and captivating hillside and city views from every window. A wall of floor-to-ceiling glass doors opens to a private balcony overlooking the Hollywood Hills, Roosevelt Hotel, Griffith Park, and Yamashiro. The primary suite includes in-unit laundry for added convenience. The entire building was upgraded last year with a state-of-the-art fire system and control panel, enhancing safety by linking all units to the front desk. The unit also includes two assigned parking spaces in a guarded garage, with elevator access to the building. This home is ideally located just minutes from Grauman’s Chinese Theatre, the Magic Castle, Dolby Theatre, Musso & Frank Grill, the Hollywood and Highland Red Line stop, the Sunset Strip, and the scenic hikes of Runyon Canyon. The Hollywood Landmark building offers valet service, a 24-hour concierge, a dog run, a heated pool and spa, a steam room and sauna, a clubhouse/rec room, a rooftop gym, and an expansive rooftop deck with multiple seating areas and breathtaking panoramic views from the Hollywood Hills to the ocean.

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 1964
  • Stories: 12
  • Living Area: 1,248 SqFt

Listing Office:

  • Office Name: Royal Rep Realty, Inc.
  • Office Phone: (310) 770-6875
  • Listing Agent: Amin Pormer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Laminate
  • Interior: Balcony, Ceiling Fan(s), Quartz Counters, Recessed Lighting
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Hills, Mountain(s), Neighborhood, Pool

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Assigned, Covered, Garage, Gated

Lot Features

Lot Information:

  • Lot Size: 1.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Sunset Blvd, head north on La Brea Ave, then turn left onto Franklin Ave. Continue straight, and the property will be on your left at 7250 Franklin Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $729,000
  • Price Per SqFt: $584/SqFt

HOA Fees:

  • Amount: $950
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $8,188
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

7250 Franklin Ave Unit 910 vs Los Angeles

89 DAYS ON ROCKET

+51 Days

$729,000

-$294.4K Less

$584/SqFt

-$57 Less

KEY TAKEAWAY

This property is $294.4K less than the Median Sold Price and $57/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: #SR24170990

Listing Office:

  • Office Name: Royal Rep Realty, Inc.
  • Office Phone: (310) 770-6875
  • Listing Agent: Amin Pormer

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 13, 2015Home Sold
$625,000
Dec 03, 2012Home Sold
$450,000
Sep 26, 1996Home Sold
$125,500
Jan 30, 1991Home Sold
$195,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,188$683,525
2020$7,873$676,517
2019$7,858$663,253
2018$7,688$650,249
2017$7,688$637,500

History based on county public records data.

Payment Calculator

$4,656

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,252

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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-443828
4
/10
  • Gardner Street Elementary

  • 7450 Hawthorn Ave

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-443829
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.30 miles

  • Public District Grades KG-5

school-card-donut-443830
5
/10
  • Cheremoya Avenue School

  • 6017 Franklin Ave

  • 1.55 miles

  • Public District Grades PK-6

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. 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 910

What is the listing price of this property?

The listing price of 7250 Franklin Ave Unit 910 property is $729,000.

What type of property is this?

The property 7250 Franklin Ave Unit 910 is a condo located in Los Angeles, California, 90046.

Is this property for sale now?

Active Listing: 7250 Franklin Ave Unit 910 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 $8,188 (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 13, 2015 for $625,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7250 Franklin Ave Unit 910 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7250 Franklin Ave Unit 910 is 1,248 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7250 Franklin Ave Unit 910 is 1964.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900467250 Franklin Ave Unit 910

This home is located at 7250 Franklin Ave Unit 910 in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 1,248 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 18, 2024 and is currently priced at $729,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

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

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