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$480,000   Price Analysis
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7250 Franklin Ave Unit 506
Los Angeles, CA 90046
0 bed 1 bath 492 SqFt ($975/SqFt)
1.23 acre lot. Built 1964
Listed 2024-07-17, HOA $857, Taxes $5,893
Ⓧ USDA Ineligible
due to location

near Los Angeles

Discover a luxurious urban lifestyle in this stunning studio unit located on the 5th floor of the prestigious Franklin Towers

Right in the heart of Hollywood. This corner unit offers privacy with no direct connecting neighbors and features modern upgrades that exude sophistication. Step inside to find rich wood flooring throughout the mai n living space, beautifully complemented by oversized windows that flood the unit with natural light. The kitchen is a chef's dream, equipped with European style cabinetry, top-of-the-line Miele appliances, an Asko dishwasher and a built-in Sub Zero refrigerator. The stainless steel appliances add both style and functionality.

The sizeable walk-in closet provides ample storage with shelves and double rack hanging space, ensuring everything has its place. The spa-like bathroom is designed for relaxation, featuring a walk-in shower with a rainfall showerhead. Residents of Franklin Towers enjoy unparalleled amenities including 24-hour front desk service, valet parking, a rooftop gym and a rooftop deck with breathtaking city views. Additional perks include a pool, club/lounge room, yoga studio, steam room and sauna. Community laundry facilities are conveniently close to the unit. Embrace the vibrant Hollywood lifestyle with this exceptional studio unit that combines modern luxury with convenience and cmfort. Dont miss your chance to live in one of Los Angeless most sought-after addresses.


Presented by JONATHAN CHI at
Berkshire Hathaway HomeServices CA Properties.
Listing Agent Photo

Property MLS #CV24145593 from CRMLS

Bedrooms: 0

Total Bathrooms: 1
Full Bathrooms: 1
Bathrooms On Main Level: 1
Bathroom 1 Features: Shower, Exhaust fan(s), Stone Counters, Upgraded

Stone Counters
Flooring: Wood

Kitchen Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Refrigerator
Appliances YN: Yes
Laundry Features: Community

Walk-In Closet
Exercise Room: Yes

Cooling Features: Central Air, Electric
Heating Features: Central, Electric
Heating: Yes

Breakfast Room Description: Separated
Kitchen Features: Built-in Trash/Recycling, Kitchen Open to Family Room, Remodeled Kitchen, Stone Counters

Pool Features: Community
Spa Features: Spa: Yes, Spa Features: Community

Lot Size Acres: 1.2289
Lot Size Source: Assessor
Lot Size Square Feet: 53531

Garage Spaces: 1
Garage Description: Detached
Parking Features: Parking YN: Yes, Parking Features: Assigned, Electric Vehicle Charging Station(s), Garage, Valet
Parking Total: 1

View: Neighborhood

Association: Yes
Association Amenities: Pool, Spa/Hot Tub, Sauna, Dog Park, Gym/Ex Room, Clubhouse, Recreation Room, Concierge, Maintenance Grounds, Trash, Water, Security
Association Fee: 785
Association Fee Frequency: Monthly
Association Fee 2: 72
Association Fee 2 Frequency: Monthly
Calculated Total Monthly Association Fees: 857

Number of Units: 190

School District: Los Angeles Unified

Gardner Street Elementary School is a public elementary school located approximately 0.3 miles away.
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Hollywood Senior High School is a public high school located approximately 0.5 miles away.
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Hubert Howe Bancroft Middle School is a public middle school located approximately 1.2 miles away.
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Aviva High School is a private middle and high school located approximately 0.1 miles away.
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Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Directions: Franklin Ave and N La Brea Ave
Source Property Type: Residential
Area: C20 - Hollywood
Property Subtype: condo
Source Neighborhood: C20 - Hollywood
Parcel Number: 5548025066
Postal Code Plus 4: 3039
Zoning: LAR3
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$173,443 + $315,353
$488,796
$5,893
2021$170,043 + $309,170
$479,213
$5,821
2020$168,300 + $306,000
$474,300
$5,812
2019$165,000 + $300,000
$465,000
$5,581
2018$97,901 + $240,228
$338,129
$4,163
2017$95,982 + $235,518
$331,500
$4,074
2016$94,100 + $230,900
$325,000
$3,951
2015$103,000 + $206,000
$309,000
$3,759
2014$80,000 + $160,000
$240,000
$3,013
2013$80,000 + $160,000
$240,000
$3,020
2012$32,000 + $120,000
$152,000
$1,982
2010$55,000 + $208,000
$263,000
$3,407
2009$65,369 + $247,685
$313,054
$3,880
2009$55,000 + $208,000
$263,000
$3,880
2008$64,088 + $242,829
$306,917
$3,711
2007$62,832 + $238,068
$300,900
$3,592

Listed 2024-07-17
$480,000
CRMLS
Listing removed 2021-12-15
$0
CRMLS
Listed 2021-08-26
$469,000
CRMLS
Sold 2018-11-26
$465,000
SanDiegoMLS
Price Changed 2018-04-27
$471,750
CRMLS
Price Changed 2017-12-29
$445,000
CRMLS
Price Changed 2017-11-16
$450,000
CRMLS
Relisted 2017-09-16
$430,000
CRMLS
Listing removed 2017-08-23
$430,000
CRMLS
Listed 2017-05-02
$430,000
CRMLS
Listed 2017-05-02
$471,750
SanDiegoMLS
Listing removed 2017-04-28
$415,000
CRMLS
Relisted 2017-04-06
$415,000
CRMLS
Listing removed 2017-03-16
$415,000
CRMLS
Price Changed 2016-11-18
$415,000
CRMLS
Listed 2016-10-26
$429,000
CRMLS
Listing removed 2015-07-03
$329,000
TheMLSCLAW
Sold 2015-07-01
$325,000
Public Record
Price Changed 2015-05-18
$329,000
TheMLSCLAW
Listed 2015-03-30
$339,000
TheMLSCLAW
Listing removed 2011-02-15
$349,000
TheMLSCLAW
Listing removed 2011-02-12
$349,000
ITECH
Listed 2010-08-26
$349,000
ITECH
Listed 2010-08-26
$349,000
TheMLSCLAW
Listing removed 2008-10-05
$65,900
ITECH
Sold 2006-06-30
$295,000
Public Record
Sold 2000-08-04
$81,000
Public Record
Listed 1999-02-24
$65,900
ITECH
Listing removed 1997-08-29
$65,000
ITECH
Sold 1997-08-04
$60,000
Public Record
Listed 1997-02-28
$65,000
ITECH

Total Square Feet Living: 492
Year Built: 1964
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Living Area Source: Estimated
Property Age: 60
Property Attached: Yes
Property Condition: Turnkey
Levels or Stories: One
Building Total Stories: 11
Structure Type: House
Year Built Source: Assessor
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.