
Los Angeles, California 90046
This Turnkey Luxury Studio at Franklin Towers is a Strong Value Opportunity, listed at $330,000—positioned well below the $345,585 Fair Market Value by 4%. This valuation gap offers $15,585 in Instant Equity. Featuring a Mint Condition Rating with premium Miele and Sub-Zero appliances, this unit offers a sophisticated, low-maintenance lifestyle with resort-style amenities. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end Hollywood pied-à-terre in a full-service building.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7250 Franklin Avenue 506 Subject | $330,000* List Price | 0 | 1 | 492 | $709 | - |
A 7250 Franklin 406 Sold | $324,000 | 0 | 1 | 449 | $722 | 0.0 mi |
B 1735 N Fuller Active Under Contract | $349,999 List Price | 0 | 1 | 513 | $682 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building dates to 1964, the unit has undergone a high-end, modern renovation likely within the last 5 years. It features premium Miele and Sub-Zero appliances, European-style cabinetry, updated wood flooring, and a spa-inspired bathroom, meeting the criteria for mint condition with no immediate maintenance needed.
The unit features high-end finishes including European cabinetry and a suite of professional-grade appliances from Miele, Sub-Zero, and Asko, offering a luxury experience rarely found in studio units.
Franklin Towers provides a full-service lifestyle with 24-hour security, valet parking, and an impressive array of rooftop facilities including a fitness center, pool, and panoramic deck.
Positioned as a corner unit on the 5th floor with no direct connecting neighbors, this residence offers a quiet, private retreat that maximizes natural light and minimizes noise.
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. Living area discrepancy between mls listing and other public or private record. mls listing living area = 492, other record living area = 449.
The association fee of $993.96 is exceptionally high relative to the square footage and purchase price, which may impact the overall affordability and investment yield.
With only 492 square feet of living space, the studio layout offers limited flexibility for furniture arrangement and may feel restrictive for long-term occupancy.
This beautifully upgraded corner studio at the iconic Franklin Towers presents a rare opportunity to own in one of Hollywood’s most recognizable full-service luxury buildings. Positioned on the 5th floor with no direct connecting neighbors, Unit 506 offers a peaceful retreat above the energy of the city, blending privacy, sophistication, and convenience in an unbeatable location. Inside, rich wood flooring, oversized windows, and abundant natural light create a warm and inviting atmosphere. The thoughtfully designed kitchen features European-style cabinetry, premium Miele appliances, an Asko dishwasher, and a built-in Sub-Zero refrigerator, delivering both elegance and functionality. A spacious walk-in closet provides exceptional storage, while the spa-inspired bathroom with a rainfall shower offers a relaxing escape at the end of the day. Franklin Towers is renowned for its resort-style amenities, including 24-hour front desk service, valet parking, rooftop fitness center, panoramic rooftop deck, pool, lounge, yoga studio, steam room, and sauna. Whether you're seeking a stylish primary residence, a Hollywood pied-à-terre, or a low-maintenance lifestyle in the heart of Los Angeles, this residence delivers. Just moments from world-class dining, entertainment, nightlife, and major studios, this home places you at the center of everything that makes Hollywood exciting. This is an exceptional opportunity to secure a luxury address at an attractive value. Don't miss your chance to experience the best of Hollywood living at Franklin Towers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 492 | 1,243 |
| Lot Size | 53,531 | 24,016 |
| Price | $330.0K | $805.6K |
| Price per sq ft | $671 | $659 |
| Built year | 1964 | 1981 |
| HOA | $993.96 | $684 |
| Days on market | 51 | 71 |
Jun 4, 2026
$330,000
Initial Listing
Jul 1, 2015
$325,000
Public Record
Jun 30, 2006
$295,000
Public Record
Aug 4, 1997
$60,000
Public Record