5 months on rocket

7431 Franklin Ave, Los Angeles, CA, 90046

$3,795,000

4 Bedrooms
3 Full Baths
3,100 SqFt
$1,224/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Driveway, Garage
Garage2 spaces
Year Built2017
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
ViewCity Lights, Canyon, Mountain(s)
Private PoolYes
MLS #24414507
Lot Size0.21 Acres
StatusActive

About 7431 Franklin Ave

Nestled just moments from Runyon Canyon and the iconic Sunset Strip, this extraordinary modern estate embodies the essence of architectural innovation and serene luxury. Inspired by Italian modernism and Japanese design principles, this 3,100 sq. ft. masterpiece is a testament to bespoke craftsmanship and meticulous attention to detail. Set on a sprawling 9,000+ sq. ft. lot, this newer construction residence boasts 4 distinctive bedrooms and 3 baths, offering unparalleled versatility and sophistication. Beyond the private gate, discover a tranquil eco-friendly oasis with drought-resistant landscaping that sets the stage for unparalleled relaxation. Upon entry, a grand gallery-style foyer welcomes you with 21-foot-tall 3D perforated brass facade and high-end fixtures, complemented by unique marble and white oak wood floors. The heart of the home is a luminous great room featuring a Bio Flame fireplace, seamlessly flowing into a dining area and a state-of-the-art kitchen adorned with edgy quartz countertops, La Cornue range, and SubZero appliances. The outdoor space is a true retreat, highlighted by a salt-water pool, geometric green statement wall, expansive deck, and multiple lounging areas amidst lush greenerya perfect setting for entertaining or peaceful solitude. Upstairs, the master suite offers a sanctuary of its own, complete with glass-enclosed decks that capture sweeping views of the city skyline, mountains, and coastline. Additional amenities include a two-car garage for luxury vehicles and smart home features for added convenience. Located in proximity to historical estates once inhabited by Hollywood luminaries, this residence offers both privacy and prestige. Revel in the quintessential Hollywood lifestyle, where seamless indoor/outdoor living and breathtaking panoramas define everyday luxury. Escape the bustle yet stay connectedmoments from cultural landmarks like the Hollywood Bowl and the vibrant Sunset Strip, yet worlds away from the noise and traffic. This is more than a home; it's a rare opportunity to own a piece of architectural brilliance in one of Los Angeles' most coveted neighborhoods.

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 2017
  • Stories: 2
  • Living Area: 3,100 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (818) 995-2424
  • Listing Agent: Philip Boroda

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Microwave, Oven, Refrigerator, Range Hood, Dryer, Washer
  • Flooring Type: Wood
  • Interior: Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Canyon, Mountain(s)

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Door-Multi, Driveway, Garage

Virtual/3D Tour

  • 3D Tour: 7431 Franklin Ave
3D Tour

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North of Hollywood Blvd, West of Highland Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,795,000
  • Price Per SqFt: $1,224/SqFt

Tax Information:

  • Annual Amount: $28,932
  • 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

1346

7431 Franklin Ave vs Los Angeles

158 DAYS ON ROCKET

+120 Days

$3,795,000

+$2.7M More

$1,224/SqFt

+$584 More

KEY TAKEAWAY

This property is $2.7M more than the Median Sold Price and $584/SqFt more 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: #24414507

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (818) 995-2424
  • Listing Agent: Philip Boroda

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

Feb 25, 2021Home Sold
$4,900,000
Oct 21, 2015Home Sold
$1,650,000

Tax History

YEARPROP. TAXASSESSMENT
2021$28,932$2,410,010
2020$21,614$2,416,722
2019$21,473$1,797,498
2018$21,009$1,762,254
2017$21,009$1,727,700

History based on county public records data.

Payment Calculator

$19K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.4K

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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-4337150
4
/10
  • Gardner Street Elementary

  • 7450 Hawthorn Ave

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-4337151
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.39 miles

  • Public District Grades KG-5

school-card-donut-4337152
10
/10
  • Valley View Elementary

  • 6921 Woodrow Wilson Dr

  • 1.54 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,517. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7431 Franklin Ave

What is the listing price of this property?

The listing price of 7431 Franklin Ave property is $3,795,000.

What type of property is this?

The property 7431 Franklin Ave is a house located in Los Angeles, California, 90046.

Is this property for sale now?

Active Listing: 7431 Franklin Ave 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 $28,932 (source: MLS/based on county public records data).

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

The last sale was on February 25, 2021 for $4,900,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7431 Franklin Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7431 Franklin Ave is 3,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7431 Franklin Ave is 2017.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900467431 Franklin Ave

This home is located at 7431 Franklin Ave in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 3,100 square foot home, which was built in 2017, sits on a 0.21 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $3,795,000.

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. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. 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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