7250 Franklin 406, Los Angeles, California 90046, Los Angeles, 90046 - bed, 1 bath

7250 Franklin 406
Los Angeles, California 90046
Property Price
SUMMARY
Analysis of 7250 Franklin 406, Los Angeles, California 90046 is currently available with a list price of $335,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The unit has been extensively renovated within the last 5 years, featuring a brand-new kitchen with high-end stainless steel appliances, modern white cabinetry, and quartz countertops. The interior boasts new sleek flooring, updated recessed lighting, and a fully remodeled bathroom with contemporary black fixtures and subway tiling, meeting the highest standards for move-in readiness.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
Franklin Towers provides an elite living experience with 24-hour security, valet parking, a state-of-the-art fitness center, yoga studio, pool, and a sky deck with panoramic Hollywood Sign views.
- Recent Interior Upgrades
The unit is move-in ready, featuring a brand-new kitchen with high-end appliances, sleek new flooring, and updated air conditioning systems.
- Prime Hollywood Location
Situated in a highly coveted neighborhood, the property is steps away from Runyon Canyon, The Magic Castle, and iconic Hollywood nightlife, ensuring high demand and vibrant lifestyle.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =53531, other record lot size in square feet = 53586.
- High Association Fees
The monthly HOA fee of $993.96 is exceptionally high for a 449-square-foot unit, which may deter budget-conscious buyers and impact monthly carrying costs.
- Limited Square Footage
At only 449 square feet, the compact studio layout offers limited living and storage space, potentially narrowing the pool of long-term owner-occupants.
About 7250 Franklin 406
Seller is motivated! Welcome to Franklin Towers—Iconic Hollywood Living Elevated! Situated in one of Hollywood’s most coveted neighborhoods, this freshly updated unit blends modern style with everyday comfort. Perfect for investors or first-time buyers, it features a brand-new kitchen with high-end appliances, sleek new flooring, updated air conditioning, and thoughtful enhancements throughout. Franklin Towers offers true resort-style amenities, including valet parking, a state-of-the-art fitness center, yoga studio, sparkling pool, sauna, and a stunning residents’ sky deck showcasing panoramic views of the Hollywood Sign—ideal for unwinding or entertaining. EV drivers will appreciate the complimentary charging stations, and 24-hour security ensures worry-free living. Just moments from iconic hotspots such as The Magic Castle, The Roosevelt Hotel, The Chinese Theatre, and Runyon Canyon, this is Hollywood living at its most vibrant. Don’t miss this opportunity to own a stylish slice of Hollywood luxury—schedule your private showing today!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- 53,531 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $993.96 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 2.0 | 2% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 449 | 1,179 | 2% |
| Lot Size | 53,531 | 20,520.5 | 83% |
| Price | $335.0K | $762.5K | 2% |
| Price per sq ft | $746 | $648 | 78% |
| Built year | 1964 | 1969 | 43% |
| HOA | $993.96 | $629 | 83% |
| Days on market | 93 | 188 | 15% |
Pricing History
Listed for Sale
Feb 14, 2026
$335,000
$350,000
-4% Price Drop
Initial Listing
Price Change
Jan 11, 2026
$350,000
$360,000
-3% Price Drop
Initial Listing
Price Change
Dec 3, 2025
$360,000
Initial Listing
Sold
Dec 10, 2021
$375,000
Public Record

































