7250 Franklin Avenue 616, Los Angeles, California 90046, Los Angeles, 90046 - 2 bed, 2 bath

7250 Franklin Avenue 616
Los Angeles, California 90046
Property Price
SUMMARY
Analysis of 7250 Franklin Avenue 616, Los Angeles, California 90046 is currently available with a list price of $799,000. 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.
While the building was originally constructed in 1964, this specific unit has undergone a comprehensive and high-end professional renovation within the last five years. The property features a custom-designed kitchen with premium GE Café appliances and bespoke cabinetry, new Fleetwood sliding doors and windows, modern hardwood flooring, and a spa-like primary suite with a massive rain shower. The inclusion of stack stone electric fireplaces and updated electrical/lighting fixtures confirms that all interior components meet current luxury standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic 180-Degree Views
This coveted corner unit features a stunning wrap-around balcony offering unobstructed 180-degree vistas spanning from the Hollywood Hills and City Lights to the Pacific Ocean and Century City.
- High-End Modern Remodel
The interior has been meticulously updated with premium finishes, including a custom GE Café chef’s kitchen, Fleetwood sliding doors, and a spa-like primary suite with a massive rain shower.
- Full-Service Building Amenities
Residents benefit from a luxury lifestyle at Franklin Towers, which includes 24-hour door personnel, valet service, a rooftop fitness center, and two dedicated parking spaces.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The association fee is $1,220 per month, which represents a significant recurring carrying cost that may impact the overall affordability and financing for some buyers.
- Building Age
Constructed in 1964, the building may lack some of the contemporary infrastructure, soundproofing, or energy-efficient features found in newer luxury developments.
About 7250 Franklin Avenue 616
NOW REDUCED WAY BELOW COMPS FOR THIS PERFECT REMODELED VIEW UNIT!!! If you are a buyer, you need to check the sales of units with just under 150 square feet more than this unit like 817 that sold for over $1.2m and leased for $7,700 and unit 517 that sold recently for $930,000. Primary Residence or Income 1031 property! One of Franklin Towers' most coveted City Views corner units, now available for discerning buyers. This exquisite home has been meticulously remodeled to offer an unparalleled living experience, complete with an open floor plan and breathtaking 180-degree vistas of LA City to the Ocean, Hollywood, and Century City, all visible from a stunning wrap-around balcony. Step inside to find a sanctuary of elegance and modern comfort. The primary suite features a massive, spa-like rain shower that promises a rejuvenating retreat, while the living room and primary bedroom both boast elegant stack stone electric fireplaces, adding warmth and ambiance. The custom-designed GE Caf kitchen is a chef's dream, complete with state-of-the-art appliances and bespoke cabinetry. Hardwood floors grace the living, dining, and guest bedroom areas, exuding warmth and style. New Fleetwood sliding doors and windows ensure seamless indoor-outdoor living and abundant natural light. The guest bedroom doubles as a versatile office or den, equipped with a built-in Murphy bed for convenience and flexibility. Entertain with ease at the built-in wet bar, complete with an accessories closet, perfect for all your hosting needs. Franklin Towers offers an array of top-notch amenities, including two parking spaces conveniently located across from the elevator, a heated pool, spa, sundeck, and an exquisite rooftop fitness room with a sundeck. Enjoy the added luxury of valet service and 24-hour door personnel, ensuring a lifestyle of comfort and security. This is a rare opportunity to own a truly stunning residence in one of LA's most desirable locations. Experience the ultimate in luxury living schedule your private showing today!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- 53,530.879 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1220.0 / 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 | 1,212 | 1,211 | 50% |
| Lot Size | 53,530.879 | 20,520.5 | 83% |
| Price | $799.0K | $775.0K | 54% |
| Price per sq ft | $659 | $648 | 57% |
| Built year | 1964 | 1969 | 43% |
| HOA | $1220.0 | $629 | 93% |
| Days on market | 121 | 187 | 22% |
Pricing History
Listed for Sale
Feb 11, 2026
$799,000
$849,000
-6% Price Drop
Initial Listing
Price Change
Jan 17, 2026
$849,000
$879,000
-3% Price Drop
Initial Listing
Price Change
Nov 5, 2025
$879,000
Initial Listing
Sold
Aug 15, 2019
$690,000
Public Record































