7250 Franklin, Los Angeles, California 90046, Los Angeles, 90046 - 0 bed, 1 bath
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Los Angeles, California 90046
This Renovated Luxury Studio in the iconic Franklin Towers enters the market at $340,000, representing a stable entry point aligned with its $327,428 Fair Market Value. Boasting a Condition Rating of 2, the unit features a sleek modern kitchen and updated flooring. Residents enjoy an elevated lifestyle with Panoramic Hollywood Views from the 11th floor and access to a heated pool, state-of-the-art gym, and 24/7 valet parking. Located in the Los Angeles Unified district, this turnkey sanctuary is a perfect fit for young professionals or urban dwellers seeking a sophisticated residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7250 Franklin Subject | $340,000* List Price | 0 | 1 | 449 | $729 | - |
A 7250 Franklin 406 Sold | $324,000 | 0 | 1 | 449 | $722 | 0.0 mi |
B 7250 Franklin Avenue 506 Active | $340,000 List Price | 0 | 1 | 492 | $691 | 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 specific unit has undergone an extensive recent renovation within the last 5 years. The interior features a sleek, modern kitchen with stainless steel appliances and stone countertops, updated wood-look flooring throughout, recessed LED lighting, and a fully modernized bathroom with contemporary fixtures and tiling. The property is in move-in condition with no visible deferred maintenance.
The property is ideally situated within walking distance of Runyon Canyon and Hollywood Boulevard, offering a vibrant urban lifestyle and high desirability for active residents.
Residents benefit from a comprehensive suite of building features, including 24/7 valet parking, a heated pool, sauna, yoga room, and a state-of-the-art fitness center.
Positioned on a high floor, the unit features expansive windows that provide breathtaking, unobstructed views of the Los Angeles city lights, enhancing its aesthetic appeal.
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 = 449, other record living area = 1009.
The association fee of $990 per month is exceptionally high for a studio of this size, significantly impacting the overall monthly carrying costs and investor ROI.
At just 449 square feet, the compact studio layout offers limited living space and storage, which may restrict the pool of potential long-term buyers.
Imagine waking up every morning in a sleek, modern condo nestled in the heart of prime Hollywood. Just a short stroll from the breathtaking vistas of Runyon Canyon and the iconic pulse of Hollywood Boulevard, this 449-square-foot space is a perfect sanctuary. With every detail crafted for comfort and style, $350,000 buys not just a home, but a daily escape in one of the most dynamic corners of Los Angeles. Picture yourself on the 11th floor of this stunning Hollywood condo, where every evening unveils a breathtaking panorama of the city lights. This Hollywood gem offers not just elegance, but an entire lifestyle—complete with a sparkling pool, a state-of-the-art gym, jacuzzi, sauna, serene yoga room, a relaxing vibrant club space, and 24/7 valet parking ensure your every need is met. A wide, beautiful window invites you to gaze out over Hollywood, where every night transforms into a dazzling display—an enchanting, luxurious escape.
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 | 449 | 1,045 | 4% |
| Lot Size | 53,531 | 21,607 | 77% |
| Price | $340.0K | $710.0K | 4% |
| Price per sq ft | $757 | $656 | 81% |
| Built year | 1964 | 1972 | 42% |
| HOA | $990.0 | $619 | 85% |
| Days on market | 65 | 191 | 9% |
Mar 18, 2026
$340,000
$350,000
-3% Price Drop
Initial Listing
Feb 17, 2026
$350,000
Initial Listing
Aug 26, 2008
$460,000
Public Record
Jan 13, 2006
$452,000
Public Record
Jul 7, 2003
$255,000
Public Record
Dec 28, 2000
$142,000
Public Record