7250 Franklin, Los Angeles, California 90046, Los Angeles, 90046 - bed, 1 bath
7250 Franklin
Los Angeles, California 90046
Property Price
SUMMARY
Analysis of 7250 Franklin, Los Angeles, California 90046 is currently available with a list price of $350,000. 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.
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.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Hollywood Location
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.
- Full-Service Luxury Amenities
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.
- Panoramic 11th-Floor Views
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.
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. Living area discrepancy between mls listing and other public or private record. mls listing living area = 449, other record living area = 1009.
- High Monthly HOA Fees
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.
- Limited Square Footage
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.
About 7250 Franklin
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- 53,531 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $990.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 2.0 | 2% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 449 | 1,179 | 2% |
| Lot Size | 53,531 | 20,520.5 | 83% |
| Price | $350.0K | $762.5K | 2% |
| Price per sq ft | $780 | $648 | 87% |
| Built year | 1964 | 1969 | 43% |
| HOA | $990.0 | $629 | 83% |
| Days on market | 17 | 187 | 4% |
Pricing History
Listed for Sale
Feb 17, 2026
$350,000
Initial Listing
Sold
Aug 26, 2008
$460,000
Public Record
Sold
Jan 13, 2006
$452,000
Public Record
Sold
Jul 7, 2003
$255,000
Public Record
Sold
Dec 28, 2000
$142,000
Public Record