$373,000
SOLD APR 18, 2025
-- Bed
1 Bath
449 Sq Ft
$857/mo HOA Fee

Recently Sold

$831 Per Sq Ft

9% Below List Price

91 Days on Market

Highlights

  • Concierge
  • Art Studio
  • Heated In Ground Pool
  • Fitness Center
  • 24-Hour Security
  • City View

About This Home

As of April 2025

Beautifully appointed Executive Studio completely updated Modern and sophisticated with City View of Downtown LA This is a Busy Professional's dream condo in total move-in condition Inclusive of a luxurious built-in Murphy Bed plus enclosed balcony with newly installed dual pane windows This unit offers an intimate and eclectic living experience All located in a premier Hollywood Hills high-rise Full service complex the iconic Franklin Towers has 24-Hr Security and concierge valet parking pool spa gym and a wonderful roof top deck with panoramic VIEWS of the City and Hills Property is walking distance from Runyon Canyon and a very active world class Hollywood entertainment life style

Last Agent to Sell the Property

Roland Watkins

Gold Realtors License #01082953 Listed on: 09/16/2024

Last Buyer's Agent

Mauricio Panozo

Century 21 Masters License #02142997

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,188

Year Built

  • Built in 1964

HOA Fees

  • $857 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 449 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Art Studio
  • Laminate Flooring
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Low Flow Toliet
  • Low Flow Shower

Parking

  • 1 Parking Space
  • Electric Vehicle Home Charger
  • Driveway
  • Guest Parking
  • Parking Garage Space

Pool

  • Heated In Ground Pool
  • Gas Heated Pool
  • Fence Around Pool
  • Heated Spa
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5548-025-191

Community Details

Overview

  • 190 Units

Amenities

  • Concierge
  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,188

Year Built

Built in 1964

Lot Details

0

HOA Fees

$857 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Franklin Towers
  • Entry Floor: 11
  • Living Area: 449
  • Lot Acreage: 1.2289
  • Planned Urban Dev: 1
  • Unit Floor In Building: 11
  • Year Built: 1964
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Dishwasher
  • Price Per S Q F T: 888.64

Exterior Features

  • Pool Description: Association Pool, Fenced, Heated, Heated with Gas, In Ground, Safety Fence
  • Pool: Yes
  • Spa: Community, Heated, In Ground
  • Spa Yn: Yes
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage, Electric Vehicle Charging Station(s), Driveway - Pavers
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central, Electric
  • Heating: Central, Electric
  • Security: 24 Hour, Community, Guarded

Association/Amenities

  • Amenities: Assoc Pet Rules, Clubhouse, Concierge, Controlled Access, Exercise Room, Elevator, Extra Storage, Fitness Center, Gated Community Guard, Spa, Security, Sauna, Pool, Hot Water, Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 857.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5548-025-191
  • Lot Size Area: 53531

Multi Family

  • Number Of Units: 190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2025
Sold by
Haley Barry G
Bought by
Caballero Laura A Espinoza and Caballero La Cruz
Current Estimated Value
$385,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2017
Closed on
Apr 5, 2018
Sold by
The United States Of America
Bought by
Haley Barry G
Seller's Agent
Joyce Essex Harvey
Coldwell Banker Realty
Buyer's Agent
Walter Wiebach
List Price
$409,900
Sold Price
$350,100
Premium/Discount to List
-$59,800
-14.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%
Original Mortgage
$280,080
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 7, 2014
Sold by
Elevation Development Group Llc
Bought by
Shoshani Avinadav

Purchase Details

Closed on
Apr 4, 2013
Sold by
Federal National Mortgage Association
Bought by
Elevation Development Group Llc

Purchase Details

Closed on
Apr 2, 2012
Sold by
Moore Andrew John
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 17, 2006
Sold by
Cajulis Tiffany Amber and Cajulis Leonora M
Bought by
Moore Andrew John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,800
Interest Rate
6.41%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 26, 2002
Sold by
Namco Capital Group
Bought by
Cajulis Leonora M and Cajulis Tiffany Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
6.03%

Purchase Details

Closed on
May 5, 1995
Sold by
Franklin Tower Joint Venture
Bought by
Namco Capital Group

Purchase Details

Closed on
Jul 6, 1994
Sold by
Bonios Blanche and Bonios Irving
Bought by
Franklin Towers Joint Venture
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $373,000 Provident Title Company
Warranty Deed $350,500 Provident Title Company
Grant Deed -- Accommodation
Grant Deed $205,000 Servicelink
Deed In Lieu Of Foreclosure -- None Available
Grant Deed $309,000 Provident Title Company
Interfamily Deed Transfer -- Provident Title Company
Grant Deed $154,000 Provident
Interfamily Deed Transfer -- Provident
Grant Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $265,000 New Conventional
Previous Owner $280,080 Adjustable Rate Mortgage/ARM
Previous Owner $61,800 Stand Alone Second
Previous Owner $247,200 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $115,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Sold $373,000 -6.5% $831 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
11/17/2024 11/17/24 Price Changed $399,000 -2.7% $889 / Sq Ft
09/16/2024 09/16/24 For Sale $410,000 +17.1% $913 / Sq Ft
04/06/2018 04/06/18 Sold $350,100 +3.0% $780 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
02/12/2018 02/12/18 Price Changed $339,900 -8.1% $757 / Sq Ft
01/04/2018 01/04/18 Price Changed $369,900 -3.9% $824 / Sq Ft
11/24/2017 11/24/17 Price Changed $384,900 -3.8% $857 / Sq Ft
10/31/2017 10/31/17 Price Changed $399,900 -2.4% $891 / Sq Ft
10/04/2017 10/04/17 For Sale $409,900 +100.0% $913 / Sq Ft
06/11/2013 06/11/13 Sold $205,000 -6.8% $457 / Sq Ft
03/28/2013 03/28/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $219,900 -- $490 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,188 $489,262 $193,429 $295,833
2024 $6,188 $479,670 $189,637 $290,033
2023 $6,077 $470,266 $185,919 $284,347
2022 $5,835 $461,046 $182,274 $278,772
2021 $5,767 $452,006 $178,700 $273,306
2019 $5,529 $438,600 $173,400 $265,200
2018 $0 $338,004 $211,253 $126,751
2016 $3,950 $324,880 $203,050 $121,830
2015 $3,890 $320,000 $200,000 $120,000
2014 $2,598 $205,929 $132,297 $73,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-440993

The MLS

APN: 5548-025-191