7309 Franklin Avenue 405, Los Angeles, California 90046, Los Angeles, 90046 - 2 bed, 2 bath
7309 Franklin Avenue 405
Los Angeles, California 90046
Property Price
SUMMARY
Analysis of 7309 Franklin Avenue 405, Los Angeles, California 90046 is currently available with a list price of $799,000. 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.
The property features a fully remodeled interior with high-end finishes, including a custom European kitchen, black stainless steel appliances, Carrera marble, and hardwood floors throughout. Although the building was constructed in 1962, the unit itself has been extensively renovated to meet modern luxury standards, showing no signs of deferred maintenance and offering a move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Lifestyle Location
Situated at the end of a cul-de-sac directly adjacent to Runyon Canyon and steps from the Sunset Strip, this property offers an ideal balance of outdoor recreation and world-class urban amenities.
- High-End Modern Renovations
The interior has been meticulously updated with a custom European kitchen, Carrera marble, and black stainless steel appliances, providing a sophisticated 'Hollywood glamour' aesthetic that is move-in ready.
- Superior Unit Layout & Parking
This spacious corner unit features over 1,400 sq. ft. of living space, dedicated home office nooks, and rare side-by-side parking for two cars, which is a significant value-add in this high-density area.
CONSRISKS & DEFICIENCIES
- Building Age
Built in 1962, the building may lack the contemporary infrastructure, energy efficiency, and modern common area aesthetics found in newer luxury condominium developments.
- Market Stagnation
The property has undergone multiple price reductions from its original list price of $845,000, suggesting that the market has been hesitant at previous price points despite the high-end interior finishes.
About 7309 Franklin Avenue 405
This stylish 2-bedroom, 2-bath condo (over 1,400 sq. ft.) offers a functional floor plan that blends modern design with a touch of Hollywood glamour. A private corner unit in one of the best Hollywood Hills/Sunset Strip spots, it's tucked at the end of a cul-de-sac right next to Runyon Canyon. Inside, you'll find a generous primary bedroom, several nooks that work perfectly as a home office or extra storage, and a fully remodeled interior with a custom European kitchen, black stainless steel appliances, Carrera marble, and hardwood floors throughout. The large private patio and open layout make this home perfect for entertaining. Add in side-by-side parking for 2 cars plus access to the complex pool and spa, all just steps from LA's best restaurants, shops, and nightlife, and you've got it all.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1962
- Lot Size
- 19,550 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,434 | 1,215 | 61% |
| Lot Size | 19,550 | 20,117.5 | 48% |
| Price | $799.0K | $775.0K | 54% |
| Price per sq ft | $557 | $645 | 28% |
| Built year | 1962 | 1969 | 28% |
| HOA | $685.0 | $629 | 59% |
| Days on market | 184 | 188 | 48% |
Pricing History
Listed for Sale
Dec 11, 2025
$799,000
$820,000
-3% Price Drop
Initial Listing
Price Change
Nov 12, 2025
$820,000
$845,000
-3% Price Drop
Initial Listing
Price Change
Sep 3, 2025
$845,000
Initial Listing
Sold
Mar 8, 2018
$740,000
Public Record
Sold
Mar 31, 2000
$210,000
Public Record