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7309 Franklin Avenue 304, Los Angeles, California 90046, Los Angeles, 90046 - 3 bed, 3 bath

7309 Franklin Avenue 304, Los Angeles, California 90046 home-pic-0
ACTIVE$799,000
7309 Franklin Avenue 304, Los Angeles, California 90046
3Beds
3Baths
1,710Sqft
19,550Lot
Year Built
1962
Close
-
List price
$799K
Original List price
$850K
Price/Sqft
$467
HOA
$685
Days on market
-
Sold On
-
MLS number
24449075
Home ConditionPoor
Features
Good View: City Lights
Pool
Spa
Patio
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $799.0K(62th), sqft - 1710(88th), beds - 3(87th), baths - 3(81th).

Just reduced and ready to sell with a highly motivated seller! Presenting an opportunity to own at The Continental, a classic midcentury building close to Hollywood's most iconic landmarks, the hiking trails of Runyon Canyon, and the Hollywood Bowl. Refresh, remodel, and reimagine or move in right away and update over time. The formal living room opens to a large balcony, allowing for al-fresco dining and relaxation amidst treetop and architectural views. The galley kitchen features an abundance of cabinetry and storage space and is adjacent to the dining area. The primary bedroom includes custom built-ins and an en-suite bathroom with dual-sink vanity and oversized shower. There are also wooden floors and bookcases in the office/den. Outside, enjoy a large amount of poolside patio space, a sparkling pool, and spa. Welcome to a fresh lifestyle in one of the most legendary pockets of Los Angeles, a perfect blend of outdoor recreational possibilities, wellness, entertainment, nightlife, fine dining, shopping, and all the city offers.

Condition Rating
Poor
Built in 1962, this property exhibits significantly dated interiors, including popcorn ceilings, old carpets, and a bathroom with original-era small square tiles, vanity, and fixtures. The kitchen is described as a galley layout, and the overall aesthetic strongly suggests it has not undergone major renovations in several decades. The listing description itself indicates a need to 'refresh, remodel, and reimagine or update over time,' confirming that substantial cosmetic and potential system rehabilitation is required to meet modern standards, despite being functional.
Pros & Cons

Pros

Prime Location: Situated in a legendary pocket of Los Angeles, offering immediate access to Hollywood's iconic landmarks, Runyon Canyon hiking trails, the Hollywood Bowl, and a vibrant urban lifestyle with entertainment, dining, and shopping.
Midcentury Charm: Part of The Continental, a classic midcentury building, appealing to buyers who appreciate this architectural style and historical character.
Building Amenities: Residents can enjoy a large poolside patio space, a sparkling pool, and a spa, providing excellent recreational and relaxation opportunities.
Private Outdoor Space: A large balcony extends from the formal living room, perfect for al-fresco dining and relaxation with pleasant treetop and architectural views.
Interior Features & Flexibility: The primary bedroom boasts custom built-ins, an en-suite bathroom with a dual-sink vanity and oversized shower, plus a dedicated office/den with wooden floors and bookcases, offering functional and customizable living spaces.

Cons

High Association Fee: The property carries a significant monthly association fee of $685.00, which adds considerably to the ongoing cost of ownership.
Potential for Renovation: The description suggests the property could benefit from refreshing, remodeling, or updating over time, indicating it may not be fully move-in ready for all buyers and might require additional investment.
Galley Kitchen Layout: While functional with ample cabinetry, the galley kitchen layout may be considered less desirable or modern compared to the open-concept kitchens preferred by many contemporary buyers.

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