7250 Franklin Avenue 1204, Los Angeles, California 90046, Los Angeles, 90046 - 2 bed, 2 bath
7250 Franklin Avenue 1204
Los Angeles, California 90046
Property Price
SUMMARY
Analysis of 7250 Franklin Avenue 1204, Los Angeles, California 90046 is currently available with a list price of $1,300,000. 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.
This penthouse has undergone a comprehensive, high-end modern renovation within the last five years. The interior features a gourmet kitchen with premium Samsung appliances and Caesarstone countertops, designer bathrooms with Duravit fixtures and rainfall showers, and brand-new flooring throughout. Additionally, the property includes updated essential systems such as a new HVAC, Nest thermostat, and smart home devices, meeting the highest standards for a fully renovated residence.
PROSSTRENGTHS & OPPORTUNITIES
- High-End Modern Renovation
This penthouse features a complete contemporary overhaul with designer finishes, premium Samsung appliances, Caesarstone countertops, and sophisticated Japanese black tile work.
- Luxury Building Amenities
Franklin Towers provides elite white-glove services including 24/7 concierge, valet, a rooftop gym, and a sprawling deck offering 360-degree panoramic city and ocean views.
- Prime Hollywood Location
Ideally situated in the heart of Hollywood, the property offers immediate access to Runyon Canyon, iconic entertainment venues, and world-class dining and nightlife.
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 Monthly HOA Dues
The monthly association fee of $1,054 is substantial, which may be a deterrent for budget-conscious buyers or those looking for lower carrying costs.
- Tandem Parking Configuration
Although the unit includes two parking spaces with EV charging, the tandem arrangement can be a daily inconvenience for multi-driver households.
About 7250 Franklin Avenue 1204
Location, Location, Location! Discover this newly renovated, sleek, modern and sophisticated penthouse situated in the heart of Hollywood. This fully updated residence welcomes you with grand double-door entry, an expansive open floor plan, designer finishes, and brand-new upgrades throughout all framed by captivating city views. The gourmet kitchen features premium Samsung appliances, elegant Caesarstone countertops, and a stylish wet bar perfect for entertaining. High-end details continue with square Duravit toilets, a soaking tub in the secondary bathroom, and rainfall shower heads in both bathrooms. The spacious primary suite includes a custom-organized walk-in closet, built-in pendant lighting, a versatile nook, and a stunning spa-like bathroom showcasing imported Japanese black tile and an open-concept double shower with dual rainfall heads. Additional highlights include a new HVAC system, Nest thermostat, smart smoke detectors, in-unit washer and dryer, and two tandem parking spaces equipped with EV charging. Franklin Towers an iconic Hollywood high-rise offers premier white-glove amenities such as 24/7 concierge and valet service, a heated lap pool and spa, steam room, sauna, rooftop gym, clubhouse, dog run, and a sprawling rooftop deck with panoramic 360 degree city and ocean views. Located just minutes from Runyon Canyon, Grauman's Chinese Theatre, and world-class dining and nightlife.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- 53,531 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1054.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,507 | 1,215 | 63% |
| Lot Size | 53,531 | 20,520.5 | 83% |
| Price | $1.30M | $775.0K | 89% |
| Price per sq ft | $863 | $648 | 96% |
| Built year | 1964 | 1969 | 43% |
| HOA | $1054.0 | $629 | 87% |
| Days on market | 62 | 187 | 13% |
Pricing History
Listed for Sale
Feb 2, 2026
$1,300,000
$1,345,000
-3% Price Drop
Initial Listing
Price Change
Jan 3, 2026
$1,345,000
Initial Listing
Sold
Sep 21, 2010
$541,500
Public Record
Sold
Apr 10, 1998
$269,000
Public Record