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7250 Franklin Avenue 406, Los Angeles, California 90046, Los Angeles, 90046 - bed, 1 bath

7250 Franklin Avenue 406, Los Angeles, California 90046 home-pic-0
ACTIVE$365,000
7250 Franklin Avenue 406, Los Angeles, California 90046
0Bed
1Bath
449Sqft
53,531Lot
Year Built
1964
Close
-
List price
$365K
Original List price
$390K
Price/Sqft
$813
HOA
$993.96
Days on market
-
Sold On
-
MLS number
SR25123426
Home ConditionExcellent
Features
Excellent View: None
Deck
Pool
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $365.0K(4th), sqft - 449(4th), beds - undefined(6th), baths - 1(33th).

Welcome to Franklin Towers – Hollywood Living at Its Finest! Nestled in one of Hollywood’s most sought-after neighborhoods, this beautifully updated unit offers the perfect blend of modern design and everyday convenience. Ideal for investors or first-time buyers, the home features a brand-new kitchen with high-end appliances, sleek new flooring, air conditioning, and thoughtful updates throughout that enhance both style and function. Franklin Towers delivers resort-style living with amenities that go above and beyond. Enjoy valet parking, a state-of-the-art gym, a yoga studio, a sparkling pool, a sauna, and a residents’ sky deck with stunning views of the Hollywood Sign – perfect for relaxing or entertaining. EV owners will love the free on-site charging stations, and the 24-hour security provides peace of mind. Located near Hollywood’s most iconic destinations, including The Magic Castle, The Roosevelt Hotel, The Chinese Theater, and Runyon Canyon, this property places you at the center of it all. Don't miss your opportunity to own a piece of Hollywood luxury – schedule a showing today!

Price History

Date
Event
Price
08/09/25
Price Change
$365,000
06/02/25
Listing
$389,999
12/10/21
Sold
$375,000
Condition Rating
Excellent
Despite being built in 1964, the unit has been extensively and recently renovated. The description highlights a 'brand-new kitchen with high-end appliances,' 'sleek new flooring,' and 'thoughtful updates throughout.' Images confirm a modern kitchen with white shaker cabinets, stainless steel appliances, and a contemporary bathroom with new vanity and fixtures. All visible components appear new or virtually new, meeting current quality standards with no signs of deferred maintenance.
Pros & Cons

Pros

Exceptional Location: Nestled in one of Hollywood’s most sought-after neighborhoods, this property offers unparalleled access to iconic destinations like The Magic Castle, The Roosevelt Hotel, and Runyon Canyon, placing residents at the center of vibrant city life.
Resort-Style Building Amenities: Franklin Towers provides an impressive array of luxury amenities including valet parking, a state-of-the-art gym, yoga studio, sparkling pool, sauna, a residents’ sky deck with Hollywood Sign views, and free on-site EV charging stations, enhancing lifestyle and value.
Modernized Interior: The unit has been beautifully updated with a brand-new kitchen featuring high-end appliances, sleek new flooring, and air conditioning, offering a move-in ready and contemporary living space.
Broad Buyer Appeal: Explicitly marketed as ideal for both investors and first-time buyers, this property's features and price point make it attractive to a diverse range of prospective owners.
Enhanced Security: The presence of 24-hour security within Franklin Towers provides residents with peace of mind and contributes to a secure living environment.

Cons

Compact Living Space: At 449 square feet, the unit is quite small, which may limit its appeal to buyers seeking more spacious living arrangements or those with extensive furniture.
Substantial Monthly HOA Dues: The association fee of $993.96 per month is considerably high, adding a significant recurring cost to ownership that potential buyers must factor into their budget.
Lack of Private Unit View: Despite the building's sky deck offering stunning views, the unit itself is noted as having 'None' for its view, which might be a drawback for buyers desiring a private scenic outlook from their home.

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