NOT LISTED FOR SALE

Franklin Towers 7250 Franklin Ave Unit 1110 Los Angeles, CA 90046

Hollywood Neighborhood

Estimated Value: $768,000 - $940,205

2 Beds
2 Baths
1,248 Sq Ft
$838/mo HOA Fee

Last Sold March 21, 2022

Last sale price $969,000 $776 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $6,495/month

13 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Heated In Ground Pool
  • Ocean View
  • 24-Hour Security
  • 1.23 Acre Lot

About This Home

As of March 2022

SPECTACULAR PANORAMIC VIEWS OF CENTURY CITY, WESTWOOD AND THE PACIFIC OCEAN ON A CLEAR DAY!!! Perched high above Los Angeles, this west-facing 11th floor corner unit provides incredible panoramic daytime and sunset views. Fully remodeled, 2 bedroom 2 bathroom unit is 1248 square feet with extra large wraparound balcony. In-unit laundry and 2 parking spaces included. Primary suite has 3 double closets. Contemporary finishes include quartz countertops throughout, sleek chrome fixtures and plank flooring. Black stainless steel appliances and smooth black glass cooktop. Famous Franklin Towers is THE place to live and play. Valet parking for guests and a huge rooftop patio with breathtaking views make entertaining easy. A beautiful clubhouse complete with kitchen, party room, steam room, dry sauna and yoga room is next to the heated pool and spa. Runyon Canyon, Hollywood Blvd. and the Sunset Strip are all nearby. The rooftop gym enclosed in glass will inspire your workouts. 24-hour Concierge accepts your deliveries, greets your guests and provides building security. The ultimate in luxury living.

Last Agent to Sell the Property

Martha Blake

Century 21 Masters License #01894104 Listed on: 01/27/2022

Century 21 Masters

Co-Listed By

Chelsea Dowling

Century 21 Peak License #02058874

Last Buyer's Agent

Jon Grauman

Resident Group License #01469825

Resident Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,317

Year Built

  • Built in 1964

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $838 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Tandem Garage
  • Automatic Gate
  • Assigned Parking

Property Views

  • Ocean
  • City Lights
  • Mountain

Interior Spaces

  • 1,248 Sq Ft Home
  • Open Floorplan
  • High Ceiling

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Balcony

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 38399
  • Assessor Parcel Number 5548025166
  • $167 per year additional tax assessments

Community Details

Overview

  • 189 Units
  • Franklin Towers Association, Phone Number (323) 876-6000

Amenities

  • Concierge
  • Sauna
  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,317

Year Built

Built in 1964

Lot Details

0

HOA Fees

$838 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Fridge, Cooktop, Wall Oven, Dishwasher, Washer, Dryer
  • Property Attached: Yes
  • Security: 24 Hour Security, Automatic Gate
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5548025166
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1248.00 Square Feet
  • Interior Amenities: Balcony, Elevator, High Ceilings, Open Floorplan
  • Common Walls: 1 Common Wall, End Unit
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 776.44
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights, Mountain(s), Ocean
  • Pool Features: Community, Heated, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Range Hood, Refrigerator, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Gym/Ex Room, Clubhouse, Recreation Room, Concierge, Security, Controlled Access
  • Association Fee: 837.73
  • Association Fee Frequency: Monthly
  • Association Name: Franklin Towers
  • Phone: 3238766000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Franklin Towers

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 53425.00
  • Lot Size Acres: 1.2265

Multi Family

  • Lease Considered: No
  • Lot Size Area: 53425.0000 Square Feet
  • Number Of Units In Community: 189
  • Number Of Units Total: 189

Tax Info

  • Tax Census Tract: 1899.03
  • Tax Lot: 1
  • Tax Tract Number: 38399
  • TaxOtherAnnualAssessmentAmount: 167.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Blake Martha and Konrad Dowling
Bought by
Blake Martha and The Martha Blake Survivors Tru
Current Estimated Value
$856,551

Purchase Details

Listed on
Jun 3, 2016
Closed on
Aug 11, 2016
Sold by
Tashjian George
Bought by
Dowling Konrad and Blake Martha
Seller's Agent
Ian Rhodes
Keller Williams Realty Los Feliz
Buyer's Agent
Martha Blake
List Price
$850,000
Sold Price
$775,000
Premium/Discount to List
-$75,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.82%
Original Mortgage
$450,000
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 1, 2015
Sold by
Tashjian George
Bought by
Tashjian George and Tashjian Larissa Medenilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2005
Sold by
Duggan Thomas and Panella Martha
Bought by
Tashjian George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,200
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 25, 2005
Sold by
Duggan Thomas
Bought by
Duggan Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
5.81%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 28, 2004
Sold by
Hug Sheryl
Bought by
Duggan Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2004
Sold by
Sherman Charles J L and Sherman Carla Becker
Bought by
Duggan Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2001
Sold by
Becker Sandra Lee and The Sandra Lee Becker March 25
Bought by
Sherman Charles J L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 25, 1996
Sold by
Becker Sandra Lee
Bought by
Becker Sandra Lee and Sandra Lee Becker March 25 1996 Trust

Purchase Details

Closed on
Oct 1, 1993
Sold by
Sherman Charles J L and Sherman Carla Becker
Bought by
Becker Sandra and Becker Charles J L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blake Martha -- None Available
Dowling Konrad $775,000 Fidelity National Title
Tashjian George -- North American Title
Tashjian George $749,000 United Title Company
Duggan Thomas -- United Title Company
Duggan Thomas -- United Title Company
Duggan Thomas $525,000 United Title Company
Sherman Charles J L -- --
Becker Sandra Lee -- --
Becker Sandra -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dowling Konrad $549,000
Previous Owner Dowling Konrad $450,000
Previous Owner Tashjian George $573,000
Previous Owner Tashjian George $599,200
Previous Owner Duggan Thomas $74,900
Previous Owner Duggan Thomas $498,750
Previous Owner Sherman Charles J L $150,000
Previous Owner Sherman Charles J L $170,000
Previous Owner Sherman Charles J L $140,000
Previous Owner Sherman Charles J L $145,000
Previous Owner Sherman Charles J L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $969,000 0.0% $776 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $969,000 +25.0% $776 / Sq Ft
08/15/2016 08/15/16 Sold $775,000 -3.0% $621 / Sq Ft
07/03/2016 07/03/16 Pending -- -- --
06/22/2016 06/22/16 Price Changed $799,000 -6.0% $640 / Sq Ft
06/03/2016 06/03/16 For Sale $850,000 -- $681 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,317 $1,028,309 $676,520 $351,789
2024 $12,317 $1,008,147 $663,255 $344,892
2023 $12,081 $988,380 $650,250 $338,130
2022 $10,128 $847,573 $560,382 $287,191
2021 $10,003 $830,955 $549,395 $281,560
2020 $10,037 $822,435 $543,762 $278,673
2019 $9,636 $806,309 $533,100 $273,209
2018 $9,620 $790,500 $522,648 $267,852
2016 $7,644 $632,000 $540,000 $92,000
2015 $7,608 $629,000 $537,000 $92,000
2014 $6,447 $519,000 $443,000 $76,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Martha Blake

    Century 21 Masters

    (818) 730-9051

    2 in this area

    3 Total Sales

    Martha Blake
    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Chelsea Dowling

    Century 21 Peak

    Section Image
  • Jon Grauman

    Buyer's Agent in 2022

    Jon Grauman

    Resident Group

    (310) 403-6477

    13 in this area

    476 Total Sales

    Jon Grauman
    Section Image

  • M

    Buyer's Agent in 2022

    Matan Michael

    The Agency

    (424) 230-3700

    1 in this area

    10 Total Sales

    Matan Michael
    Section Image
  • Ian Rhodes

    Seller's Agent in 2016

    Ian Rhodes

    Keller Williams Realty Los Feliz

    (323) 821-4069

    26 in this area

    90 Total Sales

    Ian Rhodes
    Section Image
  • Kimberly Green

    Seller Co-Listing Agent in 2016

    Kimberly Green

    Keller Williams Realty Los Feliz

    (818) 451-6371

    26 in this area

    81 Total Sales

    Kimberly Green
    Section Image
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About Franklin Towers

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22017113

California Regional Multiple Listing Service (CRMLS)

APN: 5548-025-166

California Los Angeles County Los Angeles 90046 Hollywood

7250 Franklin Ave Unit 1110, Los Angeles, CA

This home is located at 7250 Franklin Ave Unit 1110, Los Angeles, CA 90046 since 27 January 2022 and is currently estimated at $856,551, approximately $686 per square foot. This property was built in 1964. 7250 Franklin Ave Unit 1110 is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Hollywood Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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