7300 Franklin 355, Los Angeles, California 90046, Los Angeles, 90046 - 2 bed, 2 bath
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7300 Franklin 355
Los Angeles, California 90046
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,203Sq Ft
86,449Lot Size
Property Price
LIST PRICE$645,000
EST. MARKET VALUE
$680,327
5% BelowMARKET VALUE
SUMMARY
This Turnkey Hollywood Condominium is a Strong Value Opportunity, listed at $645,000—positioned well below the $680,328 Fair Market Value by 5%. This valuation gap offers $35,328 in Instant Equity for the buyer. Featuring a Mint Condition Rating with brand-new copper piping and modern finishes, this residence offers a premium lifestyle near Runyon Canyon. With its proximity to Gardner Street Elementary, this property is an ideal acquisition for first-time buyers or owner-occupants seeking a sophisticated, move-in ready home in a prime location.
Estimated Market Value
$680,327+$35,327 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7300 Franklin 355 Subject 2 bd · 2 ba · 1,203 sqft · $566 | $645,000* List Price | 2 | 2 | 1,203 | $566 | - |
A 7300 Franklin Avenue 548 Sold 2 bd · 2 ba · 1,191 sqft · $575 · 0.0 mi | $685,000 | 2 | 2 | 1,191 | $575 | 0.0 mi |
B 7250 Franklin Avenue 616 Sold 2 bd · 2 ba · 1,212 sqft · $569 · 0.1 mi | $690,000 | 2 | 2 | 1,212 | $569 | 0.1 mi |
C 1750 Camino Palmero Street 236 Sold 1 bd · 1 ba · 831 sqft · $572 · 0.0 mi | $475,000 | 1 | 1 | 831 | $572 | 0.0 mi |
D 7260 Hillside Avenue 207 Sold 1 bd · 2 ba · 929 sqft · $494 · 0.1 mi | $459,000 | 1 | 2 | 929 | $494 | 0.1 mi |
E 7250 Franklin Avenue 1112 Sold 2 bd · 2 ba · 1,009 sqft · $676 · 0.1 mi | $682,500 | 2 | 2 | 1,009 | $676 | 0.1 mi |
F 7320 Hawthorn Avenue 106 Sold 2 bd · 2 ba · 1,140 sqft · $552 · 0.2 mi | $629,000 | 2 | 2 | 1,140 | $552 | 0.2 mi |
G 7320 Hawthorn Avenue 410 Sold 2 bd · 2 ba · 1,060 sqft · $650 · 0.2 mi | $689,000 | 2 | 2 | 1,060 | $650 | 0.2 mi |
H 7135 Hollywood Boulevard 206 Active 2 bd · 2 ba · 1,148 sqft · $652 · 0.2 mi | $749,000 List Price | 2 | 2 | 1,148 | $652 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a full top-to-bottom renovation within the last 5 years, featuring a modern kitchen, brand-new copper piping, updated electrical systems, and completely remodeled bathrooms with contemporary finishes, meeting the criteria for mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Turnkey Renovation
The property has been fully remodeled from top to bottom, featuring modern luxury vinyl flooring, brand-new copper piping, and updated electrical, ensuring a move-in-ready experience with upgraded infrastructure.
- Prime Hollywood Location
Situated in the highly sought-after Sunset Strip/Hollywood Hills West area, the residence offers exceptional walkability and proximity to Runyon Canyon, premier dining, and world-class shopping.
- Enhanced Functional Features
The unit includes the rare convenience of in-unit laundry capability and two dedicated tandem parking spaces, which are significant value-adds for a condominium in this high-density neighborhood.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $742.73 is relatively high compared to the listing price, which may impact the overall monthly carrying costs and affordability for some buyers.
- Lack of Scenic Views
Despite its prime location near the Hollywood Hills, the property is listed as having no views, which may be a disadvantage for buyers seeking the iconic vistas often associated with this area.
About 7300 Franklin 355
Fully renovated 2BD/2BA turnkey residence offering ~1,200 sq ft of modern, light-filled living in prime Hollywood. Remodeled from top to bottom, this home features sleek luxury vinyl flooring, brand-new copper piping, and updated electrical. The newly transformed bathrooms showcase trending Zellige-look tiles, modern floating sinks, and Moen hardware throughout. Features in-unit laundry capability and 2 dedicated tandem parking spaces. Located just minutes from Runyon Canyon, premier dining, and shopping—delivering the ultimate Hollywood lifestyle.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 86,449 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $742.73 / Month
Neighborhood Insights
Los Angeles Unified Schools
Gardner Street Elementary School
Grades K-6 • 0.3 mi
7/10
Hubert Howe Bancroft Middle School
Grades 6-8 • 1.3 mi
3/10
Hollywood Senior High School
Grades 9-12 • 0.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,203 | 1,252.996 |
| Lot Size | 86,449 | 26,029.603 |
| Price | $645.0K | $778.5K |
| Price per sq ft | $536 | $629 |
| Built year | 1974 | 1981 |
| HOA | $742.73 | $676 |
| Days on market | 8 | 74 |
Pricing History
Listed for Sale
Nov 1, 2026
$645,000
Initial Listing
Sold
Apr 26, 2024
$579,000
Public Record
Sold
Oct 26, 2018
$650,000
Public Record
Sold
Mar 5, 2008
$465,000
Public Record
Sold
Mar 29, 2007
$520,000
Public Record
Sold
Dec 10, 2003
$374,000
Public Record