7300 Franklin Avenue 652, Los Angeles, California 90046, Los Angeles, 90046 - 1 bed, 1 bath

7300 Franklin Avenue 652, Los Angeles, California 90046 home-pic-0
ACTIVE$395,000
7300 Franklin Avenue 652, Los Angeles, California 90046
1Bed
1Bath
826Sqft
86,449Lot
Year Built
1974
Close
-
List price
$395K
Original List price
$450K
Price/Sqft
$478
HOA
$618.94
Days on market
-
Sold On
-
MLS number
25540765
Home ConditionPoor
Features
Good View:
Deck
View

About this home

We found 3 Cons,5 Pros. Rank: price - $395.0K(4th), sqft - 826(17th), beds - 1(38th), baths - 1(33th).

Trust Sale, No Court Confirmation required. For Sale AFTER 35 years! Unlock the potential of this 1 bed / 1 bath condo only half a mile from Hollywood/Highland and renowned Runyon Canyon, approx. 826 SF., waiting for your vision. This fixer-upper is being sold AS IS and WHERE IS, with all faults, and without warranty, express or implied. Great opportunity for a homeowner or savvy investor to transform and add value. With the right touch, this unit can truly shine as a personal retreat or a high-return investment. Minutes away from schools, shopping, dining, and entertainment, City of West Hollywood has to offer. Seller will not accept any offers with any loan and/or appraisal contingencies. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations and assume all responsibilities for making the necessary repairs to the property. Seller is an independent fiduciary acting as the Trustee, unrelated to the property owner, and cannot make any representations as to the condition or history of the subject property.

Nearby schools

7/10
Gardner Street Elementary School
Public,K-60.3mi
3/10
Hubert Howe Bancroft Middle School
Public,6-81.3mi
6/10
Hollywood Senior High School
Public,9-120.7mi

Price History

Date
Event
Price
09/12/25
Price Change
$395,000-12.2%
05/28/25
$450,000
Condition Rating
Poor

This property is explicitly marketed as a 'fixer-upper' and 'sold AS IS and WHERE IS, with all faults,' indicating extensive renovation is required. Built in 1974 (50 years ago) and having no major renovations in at least 35 years, the kitchen is severely outdated with old appliances, worn countertops, and brick-patterned flooring. The bathroom is in extremely poor condition with a severely damaged, possibly water-damaged, vanity and outdated fixtures. Flooring throughout the main living areas appears to be bare concrete or subfloor, and walls are in disrepair. The overall condition suggests significant defects affecting livability and requires substantial repairs and rehabilitation to make it safe and comfortable.
Pros & Cons

Pros

Exceptional Location: Situated only half a mile from iconic Hollywood/Highland and the popular Runyon Canyon, with minutes-away access to West Hollywood's vibrant shopping, dining, and entertainment scene.
Significant Value-Add Opportunity: Explicitly marketed as a 'fixer-upper' and 'waiting for your vision,' this property offers substantial potential for a homeowner or savvy investor to renovate and significantly increase its value.
Streamlined Trust Sale: The property is offered as a Trust Sale with no court confirmation required, which typically leads to a quicker and less complex transaction process.
Desirable Neighborhood: Located in the highly sought-after Sunset Strip - Hollywood Hills West area, known for its prestige and appeal.
Potential for Views: The listing indicates 'has_view: true,' suggesting the property offers some form of view, which enhances its aesthetic appeal and desirability.

Cons

Extensive Renovation Required: The property is explicitly sold 'AS IS and WHERE IS, with all faults,' requiring significant financial investment and effort from the buyer for all necessary repairs, upgrades, and potential deferred maintenance.
Restrictive Seller Contingencies: The seller will not accept offers with loan and/or appraisal contingencies and disclaims responsibility for any repairs, inspections, termite work, or mandatory government retrofits, placing considerable financial burden and risk solely on the buyer.
High Monthly Association Fees: A substantial monthly association fee of $618.94 represents a significant ongoing cost, which is particularly high for a 1-bedroom unit and impacts overall affordability and cash flow.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state