7250 Franklin Avenue 409, Los Angeles, California 90046, Los Angeles, 90046 - 2 bed, 2 bath
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Los Angeles, California 90046
This Renovated Luxury High-Rise Residence is a Prime Investment Opportunity listed at $829,000—positioned well below the $858,482 Fair Market Value by 3%. This valuation gap provides $29,482 in Instant Equity for a property with a Modern Condition Rating. The interior features a Designer Kitchen with Quartz Countertops, a versatile den, and Panoramic City Views. Residents enjoy resort-style amenities including a Rooftop Fitness Center, pool, and 24-hour valet. This is an elite acquisition for Urban Professionals or Owner-Occupants seeking a turnkey Hollywood lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7250 Franklin Avenue 409 Subject | $829,000* List Price | 2 | 2 | 1,393 | $616 | - |
A 7250 Franklin Avenue 517 Sold | $930,000 | 2 | 2 | 1,363 | $682 | 0.0 mi |
B 7250 Franklin Avenue 512 Sold | $715,000 | 2 | 2 | 1,009 | $709 | 0.0 mi |
C 1550 N Laurel Avenue 201 Sold | $744,000 | 2 | 2 | 1,103 | $675 | 1.0 mi |
D 7135 Hollywood Boulevard 204 Sold | $685,000 | 2 | 2 | 1,148 | $597 | 0.1 mi |
E 7249 Franklin Avenue 101 Sold | $839,000 | 2 | 2 | 1,640 | $512 | 0.1 mi |
F 1823 N Fuller Avenue 5 Sold | $895,000 | 2 | 3 | 1,680 | $533 | 0.1 mi |
G 7309 Franklin Ave 105 Active | $775,000 List Price | 2 | 2 | 1,434 | $540 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building was constructed in 1964, this specific unit has undergone an extensive and high-quality modern renovation. The kitchen is completely updated with contemporary grey shaker cabinetry, gold hardware, white quartz countertops, and a classic subway tile backsplash. The living areas feature updated wide-plank flooring, recessed lighting, and crown molding, indicating that all major interior components have been replaced recently to meet current aesthetic and functional standards.
Franklin Towers provides a full-service luxury experience including 24-hour security, valet parking, a rooftop fitness center, and a pool, offering a high-end lifestyle in a prime location.
Featuring one of the largest floor plans in the building, the unit includes a den convertible to a third bedroom, providing rare versatility for a Hollywood condominium.
Expansive windows throughout the open-concept layout showcase stunning city and hillside views while flooding the residence with natural light.
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.
The monthly HOA fee of approximately $1,368 is substantial, which may impact the overall affordability and appeal for budget-conscious buyers.
Originally constructed in 1964, the building may present challenges or maintenance requirements associated with older infrastructure compared to contemporary luxury developments.
Stunning city and hillside views in the heart of Hollywood. Welcome to Unit 409 at Franklin Towers, one of the most sought-after full-service buildings just moments from Runyon Canyon. This residence features one of the largest 2-bedroom floor plans in the building, plus den potentially convertible to a 3rd bedroom, offering a spacious open-concept layout that seamlessly connects the living, dining, and kitchen areas. Expansive windows fill the space with natural light while showcasing beautiful views and modern finishes throughout. The thoughtfully designed layout includes 2 bedrooms and 2 bathrooms, ideal for comfortable living, guests, or a flexible work-from-home setup. The kitchen is both functional and stylish, featuring sleek countertops, quality appliances, and ample cabinetry. A rare and valuable bonus this unit includes a separate private storage space located on the same floor, conveniently positioned next to the unit, a feature not available with every residence. Franklin Towers offers a true luxury resort-style lifestyle with 24-hour security and front desk, valet parking, EV charging stations, rooftop fitness center, pool, spa, sauna, clubhouse, and panoramic city-view terraces. Perfectly located near Runyon Canyon and just minutes from premier dining, shopping, and entertainment, this property presents a strong investment opportunity with long-term value in a prime Hollywood location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,393 | 1,071 | 69% |
| Lot Size | 53,531 | 21,581.5 | 78% |
| Price | $829.0K | $712.5K | 61% |
| Price per sq ft | $595 | $653 | 33% |
| Built year | 1964 | 1972 | 41% |
| HOA | $1368.47 | $618 | 98% |
| Days on market | 9 | 190 | 2% |
Apr 13, 2026
$829,000
Initial Listing
Dec 13, 2024
$700,000
Public Record
May 2, 2024
$856,000
Public Record
Aug 31, 2018
$750,000
Public Record
Nov 15, 2011
$518,500
Public Record
Mar 17, 2004
$510,500
Public Record