7250 Franklin Avenue 715, Los Angeles, California 90046, Los Angeles, 90046 - 1 bed, 2 bath

7250 Franklin Avenue 715, Los Angeles, California 90046 home-pic-0
ACTIVE$675,000
7250 Franklin Avenue 715, Los Angeles, California 90046
1Bed
2Baths
996Sqft
53,531Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Breathtaking Jetliner Views: The property offers stunning panoramic jetliner views from the Hollywood Hills across the iconic skyline, providing a captivating backdrop day and night.
Top Cons:
Currently Tenant Occupied: The property is currently tenant occupied, which may require an owner-occupant purchaser to navigate a transition period, despite the seller's allowance for relocation fees.

Compared to the nearby listings

Price:$675.0K vs avg $689.0K ($-14,000)44%
Size:996 sqft vs avg 1,116.5 sqft35%
Price/sqft:$678 vs avg $66256%

More Insights

Built in 1964 (61 years old).
Condition: Despite being built in 1964, the property is move-in ready with significant recent updates. The description notes 'new fridge, new dishwasher, newer HVAC,' indicating key system and appliance upgrades. Images show updated wood-look laminate flooring throughout the main living areas and a functional kitchen with dark flat-panel cabinets, light countertops, and stainless steel appliances. While the mosaic backsplash in the kitchen is a bit dated, the overall condition is clean and well-maintained, requiring no immediate renovations. The property aligns with the 'Good' criteria of being move-in ready with well-maintained systems and recent component updates.
Year Built
1964
Close
-
List price
$675K
Original List price
$699K
Price/Sqft
$678
HOA
$1,154.51
Days on market
-
Sold On
-
MLS number
25574621
Home ConditionGood
Features
Excellent View: City Lights, Hills, Mountain(s), Pool
Deck
Pool
Spa
ViewCity Lights,Hills,Mountain(s),Pool

About this home

Step inside and feel the world open up before you. This isn't just a condo. It's a front-row seat to the city and your next chapter. From the moment you enter, you're met with breathtaking jetliner views that stretch from the Hollywood Hills across the iconic skyline and beyond, a sweeping panorama that instantly pulls you in. The spacious layout flows effortlessly, with a full-length balcony terrace that connects the kitchen, living room, and primary suite, creating an expansive indoor-outdoor living experience that's both rare and remarkable. Three sets of floor-to-ceiling sliding glass doors flood the home with natural light by day and the glittering city lights by night, wrapping each moment in a sense of wonder and inspiration. A rare enclosed den and flex space provide the freedom to create a home office, media room, or guest retreat, whatever fits your lifestyle best. The essentials are here too: a convenient half bath, new fridge, new dishwasher, newer HVAC, rare two-car tandem parking, and the opportunity to install in-unit laundry for added ease. Located in Franklin Towers, this full-service building offers an elevated lifestyle from the chic, attended lobby and valet guest parking to resort-style amenities including a sprawling pool and spa, rooftop sundeck, dog run, gym, steam rooms, saunas, yoga room, and a clubhouse with full kitchen for entertaining. All of this, just moments from Runyon Canyon hikes, the buzz of the Sunset Strip, and the energy of Hollywood's most iconic landmarks. Currently tenant occupied. Sale includes a $20,000 seller paid allowance toward tenant relocation fees for an owner-occupant purchaser, facilitating a smooth transition after the applicable notice period.

Price History

Date
Event
Price
01/27/11
Sold
$375,000
01/20/06
Sold
$569,000
04/21/05
Sold
$452,000
Condition Rating
Good

Despite being built in 1964, the property is move-in ready with significant recent updates. The description notes 'new fridge, new dishwasher, newer HVAC,' indicating key system and appliance upgrades. Images show updated wood-look laminate flooring throughout the main living areas and a functional kitchen with dark flat-panel cabinets, light countertops, and stainless steel appliances. While the mosaic backsplash in the kitchen is a bit dated, the overall condition is clean and well-maintained, requiring no immediate renovations. The property aligns with the 'Good' criteria of being move-in ready with well-maintained systems and recent component updates.
Pros & Cons

Pros

Breathtaking Jetliner Views: The property offers stunning panoramic jetliner views from the Hollywood Hills across the iconic skyline, providing a captivating backdrop day and night.
Extensive Resort-Style Amenities: Located in a full-service building, Franklin Towers boasts an attended lobby, valet guest parking, a sprawling pool and spa, rooftop sundeck, dog run, gym, steam rooms, saunas, yoga room, and a clubhouse with a full kitchen.
Prime Hollywood Location: The condo is ideally situated just moments from Runyon Canyon hikes, the vibrant Sunset Strip, and Hollywood's most iconic landmarks, offering unparalleled access to entertainment and recreation.
Expansive Indoor-Outdoor Living: A full-length balcony terrace seamlessly connects the kitchen, living room, and primary suite, enhanced by three sets of floor-to-ceiling sliding glass doors, creating a rare and remarkable indoor-outdoor experience.
Flexible Den/Bonus Space: A rare enclosed den and flex space provide versatile options for a home office, media room, or guest retreat, adapting to various lifestyle needs.

Cons

Currently Tenant Occupied: The property is currently tenant occupied, which may require an owner-occupant purchaser to navigate a transition period, despite the seller's allowance for relocation fees.
No Existing In-Unit Laundry: While there is an 'opportunity to install in-unit laundry,' it is not currently present, requiring additional investment and effort for this convenience.
High Monthly Association Fee: The property carries a significant monthly association fee of $1154.51, which is a substantial ongoing cost for a potential buyer.

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