7300 Franklin Avenue 346, Los Angeles, California 90046, Los Angeles, 90046 - 1 bed, 1 bath
ACTIVE$475,000
7300 Franklin Avenue 346, Los Angeles, California 90046
1Bed
1Bath
831Sqft
86,449Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Location: Ideally situated just steps from Runyon Canyon for outdoor activities and minutes from Hollywood hotspots, Sunset Blvd, and L.A.'s best dining, shopping, and nightlife, offering a vibrant urban lifestyle.
Top Cons:
Tandem Parking Arrangement: While offering two parking spaces, the tandem setup can be inconvenient for daily use, requiring cars to be moved for access.
Compared to the nearby listings
Price:$475.0K vs avg $689.0K ($-214,000)4%
Size:831 sqft vs avg 1,116.5 sqft19%
Price/sqft:$572 vs avg $65619%
More Insights
Built in 1974 (51 years old).
Condition: Despite being built in 1974, the property has been 'beautifully renovated' as stated in the description, which is strongly supported by the images. The kitchen features modern white shaker cabinets, sleek quartz countertops, subway tile backsplash, and stainless steel appliances, all appearing virtually new. The living areas and bedroom showcase contemporary light wood-look flooring and recessed lighting. The description also highlights a 'modern bathroom with chic lighting and an oversized walk-in shower,' and mentions in-unit laundry and central A/C and heat, indicating comprehensive updates. The overall aesthetic and visible components meet current quality standards, suggesting an extensive renovation within the last 5 years.
Year Built
1974
Close
-
List price
$475K
Original List price
$499K
Price/Sqft
$572
HOA
$530.66
Days on market
-
Sold On
-
MLS number
25555975
Home ConditionExcellent
Features
Deck
View-
About this home
This beautifully renovated, light-filled condo is ideally located just steps from Runyon Canyon - perfect for morning hikes and sunset views. The stylish kitchen, complete with stainless steel appliances and sleek quartz countertops, opens effortlessly into the living space, making it ideal for entertaining. A modern bathroom features chic lighting and an oversized walk-in shower, while thoughtful details like in-unit laundry, central A/C and heat, spacious closets, and a private balcony add everyday comfort. Two-car tandem parking and a secure-access building offer peace of mind. Just minutes from Hollywood hotspots, Sunset Blvd, and some of L.A.'s best dining, shopping, and nightlife. (Furnished images are virtually staged.)
Nearby schools
7/10
Gardner Street Elementary School
Public,•K-6•0.3mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•1.3mi
6/10
Hollywood Senior High School
Public,•9-12•0.7mi
Price History
Date
Event
Price
05/06/22
Sold
$585,000
Condition Rating
Excellent
Despite being built in 1974, the property has been 'beautifully renovated' as stated in the description, which is strongly supported by the images. The kitchen features modern white shaker cabinets, sleek quartz countertops, subway tile backsplash, and stainless steel appliances, all appearing virtually new. The living areas and bedroom showcase contemporary light wood-look flooring and recessed lighting. The description also highlights a 'modern bathroom with chic lighting and an oversized walk-in shower,' and mentions in-unit laundry and central A/C and heat, indicating comprehensive updates. The overall aesthetic and visible components meet current quality standards, suggesting an extensive renovation within the last 5 years.
Pros & Cons
Pros
Exceptional Location: Ideally situated just steps from Runyon Canyon for outdoor activities and minutes from Hollywood hotspots, Sunset Blvd, and L.A.'s best dining, shopping, and nightlife, offering a vibrant urban lifestyle.
Modern Renovation: The condo has been beautifully renovated, featuring a stylish kitchen with stainless steel appliances and sleek quartz countertops, and a modern bathroom with chic lighting and an oversized walk-in shower.
Comprehensive In-Unit Amenities: Equipped with desirable conveniences such as central A/C and heat, in-unit laundry, spacious closets, and a private balcony, enhancing everyday comfort and functionality.
Secure Living Environment: The property benefits from a secure-access building and includes two-car tandem parking, providing peace of mind and convenience for residents.
Open Concept Layout: The kitchen opens effortlessly into the living space, creating an ideal flow for entertaining and modern living.
Cons
Tandem Parking Arrangement: While offering two parking spaces, the tandem setup can be inconvenient for daily use, requiring cars to be moved for access.
High Monthly Association Fee: A monthly association fee of $530.66 is substantial for a 1-bedroom unit, potentially impacting the overall affordability and long-term cost of ownership.
Recent Price Reduction: The property's list price was recently reduced from $499,000 to $475,000, which could suggest initial overpricing or a slower-than-anticipated market response.