7309 E Franklin Avenue 404, Los Angeles, California 90046, Los Angeles, 90046 - 3 bed, 3 bath
7309 E Franklin Avenue 404
Los Angeles, California 90046
Property Price
SUMMARY
Analysis of 7309 E Franklin Avenue 404, Los Angeles, California 90046 is currently available with a list price of $975,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is move-in ready and features significant modern updates that contrast with its 1962 construction date. The interior boasts a modernized kitchen with stainless steel appliances and stone countertops, updated bathrooms with contemporary fixtures, and brand-new flooring and paint throughout. While the building infrastructure is older, the unit itself has been well-maintained and renovated to meet current aesthetic and functional standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkable Location
Situated at the base of Runyon Canyon and steps from the Sunset Strip, the property offers unparalleled access to premier hiking, dining, and entertainment.
- Rare Corner Unit with Views
This spacious 4th-floor corner unit features a rare 3-bedroom layout and offers expansive panoramic views of the city, hills, and ocean.
- Move-In Ready Updates
The interior has been recently refreshed with new paint and flooring throughout, and includes the high-demand convenience of an in-unit washer and dryer.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Aging Infrastructure
Built in 1962, the building may require more frequent maintenance or lack the modern energy-efficient systems found in newer luxury constructions.
- High Traffic Noise
The central location on Franklin Avenue near popular tourist and hiking destinations can lead to significant street noise and local traffic congestion.
About 7309 E Franklin Avenue 404
Stylish Mid-Century condo. Imagine walking into this amazingly bright 3 bedroom 3 bath which is open and spacious and calling it yours. Located on the 4th Floor, this corner unit has fantastic views of the City. Building amenities include a pool and spa, and gated parking for 2 cars side x side. At the base of Runyon Canyon. Secured building, gated community garage. Pet friendly. Near the Sunset Strip and walking distance to all that LA's lifestyle has to offer: shops, restaurants, entertainment, theaters, hikes, parks, transportation, several blocks from the subway.Recently painted with new flooring throughout and in unit w/d
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1962
- Lot Size
- 19,550 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $685.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 76% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 1,710 | 1,215 | 78% |
| Lot Size | 19,550 | 20,117.5 | 48% |
| Price | $975.0K | $775.0K | 70% |
| Price per sq ft | $570 | $645 | 33% |
| Built year | 1962 | 1969 | 28% |
| HOA | $685.0 | $629 | 59% |
| Days on market | 80 | 188 | 15% |
Pricing History
Listed for Sale
Dec 16, 2025
$975,000
Initial Listing
Sold
Mar 5, 2021
$819,000
Public Record
Sold
Sep 21, 2006
$739,000
Public Record
Sold
Apr 23, 2004
$575,000
Public Record
Sold
Dec 7, 2001
$358,500
Public Record
Sold
Jan 28, 1999
$265,000
Public Record