7250 Franklin Avenue 506, Los Angeles, California 90046, Los Angeles, 90046 - 0 bed, 1 bath
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Los Angeles, California 90046
This Luxury Renovated Corner Studio in the iconic Franklin Towers is listed at $340,000, aligning with its $340,000 Fair Market Value. This Move-in Ready sanctuary boasts a Condition Rating of 2 following an extensive high-end renovation. The interior features a chef’s kitchen with Miele and Sub-Zero appliances and a spa-like bathroom. Residents enjoy a premium lifestyle with a rooftop gym, valet parking, pool, spa, and rooftop deck in the Los Angeles Unified district. It is the perfect fit for young professionals or urban dwellers seeking a polished, stress-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7250 Franklin Avenue 506 Subject | $340,000* List Price | 0 | 1 | 492 | $691 | - |
A 7250 Franklin 406 Sold | $324,000 | 0 | 1 | 449 | $722 | - |
B 7250 Franklin Active | $340,000 List Price | 0 | 1 | 449 | $757 | 0.0 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 unit has undergone an extensive high-end renovation. It features premium Miele and Sub-Zero appliances, European-style cabinetry, modern wood flooring, and a completely updated spa-like bathroom. The finishes and fixtures are contemporary and show no signs of deferred maintenance, meeting the criteria for a recently renovated, top-tier property.
The unit features high-end modern upgrades, including a chef's kitchen with Miele and Sub-Zero appliances and a spa-like bathroom with a rainfall shower.
Residents benefit from luxury building features such as 24-hour valet and concierge, a rooftop gym with city views, a pool, and a sauna.
As a corner unit with no direct connecting neighbors, this studio offers a level of quiet and privacy rarely found in high-rise urban living.
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 monthly association fee of nearly $1,000 is substantial for a studio unit, which may impact the overall affordability and investment yield.
With under 500 square feet of total space, the studio layout may feel restrictive for long-term residency or those requiring more storage and separation.
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 main 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 spacious 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 comfort. Don’t miss your chance to live in one of Los Angeles’s most sought-after addresses.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 4% |
| Baths | 1.0 | 2.0 | 43% |
| Square foot | 492 | 1,045 | 4% |
| Lot Size | 53,531 | 21,607 | 77% |
| Price | $340.0K | $710.0K | 4% |
| Price per sq ft | $691 | $656 | 60% |
| Built year | 1964 | 1972 | 42% |
| HOA | $993.96 | $619 | 85% |
| Days on market | 137 | 190 | 32% |
Mar 13, 2026
$340,000
$380,000
-11% Price Drop
Initial Listing
Dec 6, 2025
$380,000
Initial Listing
Jul 1, 2015
$325,000
Public Record
Jun 30, 2006
$295,000
Public Record
Aug 4, 1997
$60,000
Public Record