7250 Franklin Avenue 702, Los Angeles, California 90046, Los Angeles, 90046 - 2 bed, 2 bath
ACTIVE$1,095,000
7250 Franklin Avenue 702, Los Angeles, California 90046
2Beds
2Baths
1,377Sqft
53,531Lot
Year Built
1964
Close
-
List price
$1.09M
Original List price
$1.05M
Price/Sqft
$795
HOA
$1,257.55
Days on market
-
Sold On
-
MLS number
25600899
Home ConditionFair
Features
Excellent View: City Lights, Courtyard, Hills
Pool
Spa
Patio
ViewCity Lights,Courtyard,Hills
About this home
We found 3 Cons,5 Pros. Rank: price - $1.09M(85th), sqft - 1377(69th), beds - 2(50th), baths - 2(50th).
Price History
Date
Event
Price
10/09/25
Price Change
$1,095,000+4.3%
10/02/25
Listing
$1,050,000
09/05/14
Sold
$615,000
Condition Rating
Fair
The property was built in 1964, making it 60 years old. While the common areas of the building appear modern and well-maintained, and the unit's living space shows recent updates with modern wood-look flooring and fresh paint, there are no images provided for the kitchen or bathrooms. This significant omission strongly suggests that these crucial areas are likely original or have not been updated in a considerable amount of time (likely 15-30+ years), making them functional but significantly outdated and requiring substantial renovation to meet current aesthetic and functional standards. The overall condition is not 'Good' due to the probable dated state of the kitchen and bathrooms, but not 'Poor' as the visible areas are well-kept and the building itself seems to be maintained.
Pros & Cons
Pros
Prestigious Location: Located in the highly desirable Sunset Strip - Hollywood Hills West area of Los Angeles, offering excellent access to amenities, entertainment, and potential for appreciation.
Exceptional Views: Features captivating views of City Lights, Courtyard, and Hills, significantly enhancing the property's appeal and lifestyle.
Generous Living Space: With 1377 sqft, this 2-bedroom, 2-bathroom condominium offers ample and comfortable living space.
Potential for Building Amenities: The substantial association fee ($1,257.55) strongly suggests access to a range of desirable building amenities and comprehensive services, common in high-end condominiums.
Strong Market Confidence: The recent price increase from $1,050,000 to $1,095,000 indicates either strong market interest or seller confidence in the property's value.
Cons
High Association Fee: The monthly association fee of $1,257.55 is considerably high, adding a significant recurring cost to ownership that may deter some buyers.
Building Age: Constructed in 1964, the building is 60 years old, which may lead to concerns about aging infrastructure, potential for higher maintenance costs, or a need for future capital improvements.
Lack of Explicit Unit Renovation Details: The property description does not explicitly mention recent interior renovations or modern upgrades within the unit, which might be expected by buyers at this price point for a building of this age.