1 month on rocket

7250 Franklin Ave Unit 1005, Los Angeles, CA, 90046

$825,000

Home List Price

$9,797*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
1,090 SqFt
$757/SqFt
Condo
Schools Nearby

Location

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7250 Franklin Ave Unit 1005, Los Angeles$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingControlled Entrance, Guest, Community Structure, Valet
Year Built1964
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCanyon, Hills
MLS #24363813
Lot Size1.23 Acres
StatusActive

About 7250 Franklin Ave Unit 1005

Flooded with natural light and views of the Hollywood Hills, there is no second guessing why this residence is the most coveted floor plan at Franklin Towers. This spacious home features gourmet kitchen with island, modern updates, oversized balcony, ample closet space, and washer dryer in unit. Relax in your spacious bedroom with en-suite bath complete with custom double vanity and rain shower. This full service building comes with 24/7 Security and Concierge, Pool, Spa, Updated Gym, Rooftop Deck, Yoga Room, Valet Guest Parking, and more. All of this in a superb location with easy access to all of LA's incredible shopping, dining, and fitness destinations. *Please email for photos*

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 1964
  • Stories: 0
  • Living Area: 1,090 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 652-6285
  • Listing Agent: Jennifer Okhovat

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Oven, Refrigerator, Dryer, Washer
  • Flooring Type: Wood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Canyon, Hills

Parking Information:

  • Parking: Controlled Entrance, Guest, Community Structure, Valet

Lot Features

Lot Information:

  • Lot Size: 1.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Hollywood Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Hubert Howe Bancroft Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Gardner Street Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: West of N La Brea Ave. North of Hollywood Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $757/SqFt

HOA Fees:

  • Amount: $1011
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $8,513
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

7250 Franklin Ave Unit 1005 vs Los Angeles

36 DAYS ON ROCKET

+2 Days

$825,000

-$150.9K Less

$757/SqFt

+$129 More

KEY TAKEAWAY

This property is $150.9K less than the Median Sold Price and $129/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24363813

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 652-6285
  • Listing Agent: Jennifer Okhovat

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 3:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2020Home Sold
$705,000
Dec 30, 2015Home Sold
$550,000
Apr 09, 2003Home Sold
$305,000
Mar 30, 1995Home Sold
$102,500
May 09, 1989Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,513$705,000
2020$7,011$595,337
2019$7,000$583,664
2018$6,849$572,220
2017$6,849$561,000

History based on county public records data.

Payment Calculator

$5,196

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1009055
7
/10

  • Gardner Street Elementary School

  • 7450 Hawthorn Ave

  • 0.34 miles

  • Public District Grades KG-6

school-card-donut-1009056
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.29 miles

  • Public Magnet Grades KG-6

school-card-donut-1009057
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 18.00 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-1009058
4
/10

  • Hubert Howe Bancroft Middle School

  • 929 N Las Palmas Ave

  • 1.13 miles

  • Public Magnet Grades 6-8

school-card-donut-1009059
4
/10

  • Studio

  • 2211 W Avenue 30

  • 6.34 miles

  • Public District Grades 6-8

High School

school-card-donut-1009060
5
/10

  • Hollywood Senior High School

  • 1521 N Highland Ave

  • 0.50 miles

  • Public Magnet Grades 9-12

school-card-donut-1009061
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 8.98 miles

  • Public Magnet Grades 9-12

school-card-donut-1009062
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 10.74 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,188. Residents of Los Angeles, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7250 Franklin Ave Unit 1005

What is the listing price of this property?

The listing price of 7250 Franklin Ave Unit 1005 property is $825,000.

What type of property is this?

The property 7250 Franklin Ave Unit 1005 is a condo located in Los Angeles, California, 90046.

Is this property for sale now?

Active Listing: 7250 Franklin Ave Unit 1005 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7250 Franklin Ave Unit 1005 are:
Gardner Street Elementary School: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Hubert Howe Bancroft Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Hollywood Senior High School: GreatSchools Rating 5/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,513 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 31, 2020 for $705,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7250 Franklin Ave Unit 1005 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7250 Franklin Ave Unit 1005 is 1,090 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7250 Franklin Ave Unit 1005 is 1964.

Rocket Homes›California›Los Angeles County›Los Angeles›90046›7250 Franklin Ave Unit 1005

This home is located at 7250 Franklin Ave Unit 1005 in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 1,090 square foot home, which was built in 1964, sits on a 1.23 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $825,000.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The number of listings in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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