7250 Franklin Avenue 506, Los Angeles, California 90046, Los Angeles, 90046 - bed, 1 bath

7250 Franklin Avenue 506, Los Angeles, California 90046 home-pic-0
ACTIVE$380,000
7250 Franklin Avenue 506, Los Angeles, California 90046
0Bed
1Bath
492Sqft
53,531Lot
Year Built
1964
Close
-
List price
$380K
Original List price
$380K
Price/Sqft
$772
HOA
$993.96
Days on market
-
Sold On
-
MLS number
CV25268521
Home ConditionExcellent
Features
ViewNeighborhood

About this home

We found 4 Cons,5 Pros. Rank: price - $380.0K(4th), sqft - 492(4th), beds - undefined(6th), baths - 1(33th).

Discover a luxurious urban lifestyle in this stunning studio unit located on the 5th floor of the prestigious Franklin Towers, right in the heart of Hollywood. This corner unit offers privacy with no direct connecting neighbors and features modern upgrades that exude sophistication. Step inside to find rich wood flooring throughout the main living space, beautifully complemented by oversized windows that flood the unit with natural light. The kitchen is a chef's dream, equipped with European style cabinetry, top-of-the-line Miele appliances, an Asko dishwasher, and a built-in Sub Zero refrigerator. The stainless steel appliances add both style and functionality. The spacious walk-in closet provides ample storage with shelves and double rack hanging space, ensuring everything has its place. The spa-like bathroom is designed for relaxation, featuring a walk-in shower with a rainfall showerhead. Residents of Franklin Towers enjoy unparalleled amenities including 24-hour front desk service, valet parking, a rooftop gym, and a rooftop deck with breathtaking city views. Additional perks include a pool, club/lounge room, yoga studio, steam room, and sauna. Community laundry facilities are conveniently close to the unit. Embrace the vibrant Hollywood lifestyle with this exceptional studio unit that combines modern luxury with convenience and comfort. Don’t miss your chance to live in one of Los Angeles’s most sought-after addresses.

Price History

Date
Event
Price
12/06/25
Listing
$380,000
07/01/15
Sold
$325,000
06/30/06
Sold
$295,000
08/04/97
Sold
$60,000
Condition Rating
Excellent

Despite being built in 1964, this studio unit has undergone extensive, high-quality modern renovations. The kitchen features top-of-the-line Miele, Asko, and Sub Zero appliances with European-style cabinetry, indicating a recent and luxurious upgrade. The bathroom is described as 'spa-like' with a rainfall showerhead, and rich wood flooring is present throughout the main living space. These elements suggest the property's interior components are virtually new and meet current quality standards, aligning with an 'Excellent' condition score for a recently renovated unit.
Pros & Cons

Pros

Prime Hollywood Location: Situated in the heart of Hollywood, this property offers a vibrant urban lifestyle in one of Los Angeles's most sought-after addresses, providing excellent access to entertainment and city amenities.
Extensive Building Amenities: Residents benefit from unparalleled amenities including 24-hour front desk, valet parking, rooftop gym and deck with city views, pool, club/lounge, yoga studio, steam room, and sauna.
Modern Upgrades & High-End Appliances: The unit features sophisticated modern upgrades, rich wood flooring, European cabinetry, and top-of-the-line Miele, Asko, and Sub Zero stainless steel appliances in the kitchen.
Enhanced Privacy: As a corner unit on the 5th floor, it offers superior privacy with no direct connecting neighbors, a desirable feature in a high-density urban environment.
Functional & Luxurious Interior Features: The unit boasts a spacious walk-in closet with ample storage and a spa-like bathroom with a rainfall showerhead, enhancing comfort and convenience.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =53531, other record lot size in square feet = 53586. Living area discrepancy between mls listing and other public or private record. mls listing living area = 492, other record living area = 449.
High Association Fee: The association fee of $993.96 is exceptionally high for a studio unit, significantly impacting monthly ownership costs and potentially limiting buyer pool.
Studio Unit Configuration: At 492 sqft, the property is a studio unit, which may not appeal to buyers seeking more distinct living spaces or a separate bedroom.
Community Laundry Facilities: Despite the luxurious upgrades and amenities, the presence of community laundry facilities rather than in-unit laundry may be a drawback for some buyers expecting premium convenience.

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