
Los Angeles, California 90046
This mid-century condominium presents a High-Potential Investment Opportunity, listed at $698,000—positioned well below the $711,262 Fair Market Value by 2%. This valuation gap offers $13,262 in Instant Equity. Featuring a Fair Condition Rating, the residence requires a thoughtful refresh of the bedrooms and baths to unlock its full value. With Panoramic Views and a Resort-Style Pool, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to customize a classic Hollywood Hills home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7560 Hollywood Boulevard 309 Subject | $698,000* List Price | 3 | 2 | 1,528 | $465 | - |
A 7249 Franklin Avenue 203 Sold | $800,000 | 2 | 2 | 1,650 | $485 | 0.4 mi |
B 7249 Franklin Avenue 101 Sold | $839,000 | 2 | 2 | 1,640 | $512 | 0.4 mi |
C 7309 Franklin Ave 105 Active | $699,000 List Price | 2 | 2 | 1,434 | $487 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960. While the kitchen has received a modern update with flat-panel cabinetry and stainless steel appliances, the listing agent explicitly notes that the bedrooms and bathrooms are 'ready for a thoughtful refresh.' The presence of older wall-mounted AC units and dated balcony tiling confirms that while livable, the property requires further cosmetic and system updates to be considered move-in ready by modern standards.
Situated at the base of Runyon Canyon and moments from the Sunset Strip, the property offers unparalleled access to Los Angeles' most iconic dining, nightlife, and hiking trails.
The residence features sweeping, unobstructed views stretching from Downtown Los Angeles to the Pacific Ocean, enhanced by an expansive balcony for outdoor living.
With over 1,500 square feet of mid-century architectural character and a versatile den, this unit provides a rare opportunity to build equity through customization and modernization.
The bedrooms and bathrooms are in need of a 'thoughtful refresh,' implying immediate capital expenditure is necessary to bring the home to contemporary standards.
The monthly association fee of $932.86 is substantial, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
The most compelling value opportunity currently available in Hollywood, this residence combines scale, views, location, architectural character, and upside potential. Perched above the Sunset Strip and at the base of Runyon Canyon, this quintessential mid-century condo offers a blend of Hollywood energy, timeless design, and panoramic views. Located moments from the Hollywood Bowl, Chateau Marmont, Sunset Tower Hotel, Soho House, and the nightlife of the Sunset Strip, residents enjoy immediate access to Los Angeles' most iconic destinations. Approximately 1,528 square feet, this spacious 2-bedroom, 2-bath residence features sweeping views from Downtown Los Angeles to the Pacific Ocean framed by towering palm trees. An expansive balcony creates the perfect setting for outdoor entertaining or simply enjoying Southern California sunsets. The versatile floor plan includes a generous den that can easily function as a third bedroom, home office, media room, or creative space. While both bedrooms and bathrooms are ready for a thoughtful refresh, they present an exceptional opportunity for a new owner to customize the residence and unlock additional value. Bonus highlights include stainless steel appliances, a dining area, abundant storage, and side-by-side parking. The building's iconic mid-century architecture is celebrated throughout, from its distinctive breezeway block details and vintage starburst light fixture to the resort-style pool that serves as the perfect backdrop for relaxing weekends. An exceptional opportunity to reimagine a classic residence, adjacent to Sunset Square and the Hollywood Hills.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,528 | 1,219.385 |
| Lot Size | 29,175 | 27,236.074 |
| Price | $698.0K | $800.2K |
| Price per sq ft | $457 | $650 |
| Built year | 1960 | 1979 |
| HOA | $932.86 | $685 |
| Days on market | 26 | 72 |
Aug 14, 2026
$698,000
Initial Listing
Apr 10, 2019
$699,000
Public Record