14 days on rocket

7250 Franklin Ave Unit 1115, Los Angeles, CA, 90046

$650,000

Home List Price

$7,719*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
996 SqFt
$653/SqFt
Condo
Schools Nearby

Location

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7250 Franklin Ave Unit 1115, Los Angeles$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, Underground, Electric Gate, Guest, Gated, Community Structure, Valet
Garage2 spaces
Year Built1964
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewPool
MLS #24379501
Lot Size1.23 Acres
StatusActive

About 7250 Franklin Ave Unit 1115

Strong Investment Opportunity awaits as Jetliner views greet you at the front door leading to expanding panoramic views from the Hollywood Hills to the skyline of downtown L.A. and as far south as the eye can see drawing you into the spacious open floor plan. Original in its condition, this condo in the sky has the opportunity one day to reimagine the condo to new heights. Easy transitions from living room, dining, wet bar and kitchen create multiple entertainment areas throughout. A large balcony terrace running the length of the condo connects the kitchen, living room and primary suite while 3 sets of floor to ceiling sliding doors bring the outside in, supplying ample light any time of day and city lights at night. Convenient half bath, 2 car tandem parking, and the opportunity add in-unit laundry Franklin Towers provides a lifestyle that combines a refined lobby with door person, valet guest parking, electric car charging stations, security, resort size pool/spa, club house with steam rooms, dry saunas, yoga room and full kitchen along w/ dog run, rooftop sundeck and gym. Area attractions including Runyon Canyon hiking trails, Hollywood Walk of Fame & Sunset Strip.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 13
  • Living Area: 996 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Los Feliz
  • Office Phone: (323) 300-1000
  • Listing Agent: Ian Rhodes

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Dryer, Washer
  • Flooring Type: Tile, 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: Pool

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Assigned, Underground, Electric Gate, Guest, Gated, Community Structure, Valet

Virtual/3D Tour

  • 3D Tour: 7250 Franklin Ave Unit 1115

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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: East of La Brea Ave, West of Fuller Ave, 1 Block south of Runyon Canyon Hiking Trail.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $653/SqFt

HOA Fees:

  • Amount: $990
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,480
  • 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 1115 vs Los Angeles

14 DAYS ON ROCKET

-20 Days

$650,000

-$325.9K Less

$653/SqFt

+$25 More

KEY TAKEAWAY

This property is $325.9K less than the Median Sold Price and $25/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: #24379501

Listing Office:

  • Office Name: Keller Williams Realty Los Feliz
  • Office Phone: (323) 300-1000
  • Listing Agent: Ian Rhodes

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: 5/1/2024, 2:25:20 PM 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 29, 1997Home Sold
$135,000
Jun 19, 1990Home Sold
$189,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,480$199,118
2020$2,339$197,077
2019$2,332$193,214
2018$2,283$189,427
2017$2,283$185,713

History based on county public records data.

Payment Calculator

$4,302

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-4206069
7
/10

  • Gardner Street Elementary School

  • 7450 Hawthorn Ave

  • 0.34 miles

  • Public District Grades KG-6

school-card-donut-4206070
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.29 miles

  • Public Magnet Grades KG-6

school-card-donut-4206071
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 18.00 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-4206072
4
/10

  • Hubert Howe Bancroft Middle School

  • 929 N Las Palmas Ave

  • 1.13 miles

  • Public Magnet Grades 6-8

school-card-donut-4206073
4
/10

  • Studio

  • 2211 W Avenue 30

  • 6.34 miles

  • Public District Grades 6-8

High School

school-card-donut-4206074
5
/10

  • Hollywood Senior High School

  • 1521 N Highland Ave

  • 0.50 miles

  • Public Magnet Grades 9-12

school-card-donut-4206075
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-4206076
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. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7250 Franklin Ave Unit 1115

What is the listing price of this property?

The listing price of 7250 Franklin Ave Unit 1115 property is $650,000.

What type of property is this?

The property 7250 Franklin Ave Unit 1115 is a condo located in Los Angeles, California, 90046.

Is this property for sale now?

Active Listing: 7250 Franklin Ave Unit 1115 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 1115 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 $2,480 (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 29, 1997 for $135,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7250 Franklin Ave Unit 1115 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7250 Franklin Ave Unit 1115 is 996 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7250 Franklin Ave Unit 1115 is 1964.

Rocket Homes›California›Los Angeles County›Los Angeles›90046›7250 Franklin Ave Unit 1115

This home is located at 7250 Franklin Ave Unit 1115 in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 996 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 April 16, 2024 and is currently priced at $650,000.

In March 2024, from all listings sold in Los Angeles, CA there were more than 628 sold above asking price, over 579 sold below and more than 196 were sold right at the asked price. The number of listings in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. In March 2024 median list price was $975,970 and the average listing age was 34 days.

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

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