7250 Franklin Avenue 603, Los Angeles, California 90046, Los Angeles, 90046 - 1 bed, 2 bath
7250 Franklin Avenue 603
Los Angeles, California 90046
Property Price
SUMMARY
Analysis of 7250 Franklin Avenue 603, Los Angeles, California 90046 is currently available with a list price of $789,000. 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 property underwent an extensive, high-end renovation completed in 2024, featuring a modern kitchen with grain-matched cabinetry, porcelain slab waterfall counters, and integrated Fisher & Paykel appliances. With a brand-new HVAC system installed in 2025, wide plank hardwood floors, and fully remodeled bathrooms with premium fixtures, the unit is in like-new condition and meets all current luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- High-End 2024 Renovation
The unit boasts a sophisticated 2024 remodel featuring grain-matched cabinetry, porcelain slab waterfall counters, integrated Fisher & Paykel appliances, and a brand-new 2025 HVAC system with a Nest thermostat.
- Full-Service Luxury Amenities
Franklin Towers provides a premium lifestyle with a 24-hour doorman, valet guest parking, a gym, pool, sauna, and a dedicated parking space equipped with electric vehicle charging.
- Prime Location and Views
Perfectly situated moments from Runyon Canyon, the condo offers iconic Hollywood Hills views and an open-concept layout that maximizes the natural beauty of its surroundings.
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 association fee of $1,026.09 per month is substantial for a one-bedroom unit, which may be a deterrent for budget-conscious buyers or investors looking for higher yields.
- Aging Building Infrastructure
While the unit itself is modern, the building was constructed in 1964, which can often lead to higher maintenance requirements or potential special assessments for common area upgrades.
About 7250 Franklin Avenue 603
Sleek, modern condo with Hollywood Hills views in a full-service doorman building, moments away from Runyon Canyon. The unit features an open floorplan layout with wide plank hardwood floors, updated kitchen and 1.5 bathrooms, in-unit laundry and a private balcony. Franklin Towers residents enjoy amenities that include a pool, hot tub, sauna, gym and valet guest parking.The recent renovation was completed in 2024 with a thoughtfully designed kitchen with grain-matched cabinetry, porcelain slab waterfall counters, Roman clay ventilation hood and integrated Fisher & Paykel refrigerator. A built-in, low-profile workstation offers a convenient work-from-home solution, blending into the residence's clean lines. The bedroom is appointed with two generous closets and a remodeled full bathroom with separate bathtub and glass-enclosed shower. Additional storage includes a hall closet and built-in cabinetry. An HVAC system installed in 2025 and a Nest thermostat ensure comfort year-round. Dedicated parking space with electric vehicle charging.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- 53,531 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1026.09 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 30% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 998 | 1,179 | 37% |
| Lot Size | 53,531 | 20,520.5 | 83% |
| Price | $789.0K | $775.0K | 52% |
| Price per sq ft | $791 | $648 | 87% |
| Built year | 1964 | 1969 | 43% |
| HOA | $1026.09 | $629 | 87% |
| Days on market | 2 | 188 | 2% |
Pricing History
Listed for Sale
Mar 4, 2026
$789,000
Initial Listing
Sold
Jun 23, 2023
$776,000
Public Record
Sold
Sep 24, 2020
$615,000
Public Record
Sold
Jul 2, 2009
$379,000
Public Record
Sold
Sep 26, 2006
$575,000
Public Record
Sold
Apr 12, 2005
$450,000
Public Record