Franklin Towers 7250 Franklin Ave Unit 1111 Los Angeles, CA 90046
Hollywood Neighborhood
--
Bed
1
Bath
536
Sq Ft
$1,014/mo
HOA Fee
Highlights
- Concierge
- Fitness Center
- In Ground Pool
- Steam Room
- 24-Hour Security
- Rooftop Deck
About This Home
As of May 2025FIXER UPPER unit, Enter through the spacious lobby, private, gated patio leading to a beautiful view. Franklin Towers offers many amenities, including guest parking, a large pool and spa, a clubhouse with steam rooms and saunas, a yoga room, a dog run, a rooftop sundeck, a fitness center, and electric car charging stations. Enjoy the peace of mind provided by 24-hour concierge and security services. great unit with lots of view from the city to mountains, Hollywood sign. Bachelor unit, Rec room to party, roof top deck with 360 degree view for relaxation, Gym room on the top of the roof, pet walking area in the complex, well kept building. Located in the foothills just below Runyon Canyon Park, Franklin Towers is a full-service building .
Last Agent to Sell the Property
Universal Capital Investments License #00695566 Listed on: 02/25/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,073
Year Built
- Built in 1964
HOA Fees
- $1,014 Monthly HOA Fees
Property Views
- City Lights
- Canyon
- Hills
Home Design
- Contemporary Architecture
Interior Spaces
- 1 Full Bathroom
- 536 Sq Ft Home
- 1-Story Property
- Entryway
- Carpet
Kitchen
- Dishwasher
- Disposal
Home Security
Parking
- 1 Covered Space
- Assigned Parking
Pool
- In Ground Pool
- Spa
Outdoor Features
- Balcony
- Rooftop Deck
Additional Features
- North Facing Home
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 5548-025-167
Community Details
Overview
- 190 Units
- High-Rise Condominium
Amenities
- Concierge
- Sundeck
- Community Barbecue Grill
- Steam Room
- Clubhouse
- Banquet Facilities
- Card Room
- Recreation Room
- Laundry Facilities
- Elevator
Recreation
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
Security
- 24-Hour Security
- Resident Manager or Management On Site
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2025
Closed on
Apr 23, 2025
Sold by
7250 Franklin Doostan 2006 Trust and Doostan Nasrin
Bought by
Mulley Timothy Alec
Seller's Agent
Elias Donay
Universal Capital Investments
Buyer's Agent
Roland Watkins
Gold Realtors
List Price
$400,000
Sold Price
$350,000
Premium/Discount to List
-$50,000
-12.5%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
185.13%
Purchase Details
Closed on
Apr 11, 2006
Sold by
Doostan Jay E and Doostan Nasrin
Bought by
Doostan Jay E and 7250 Franklin Doostan 2006 Trust
Purchase Details
Closed on
Jan 29, 2002
Sold by
Doostan Jay E and Doostan Nasrin
Bought by
Doostan Jay E
Purchase Details
Closed on
May 5, 1995
Sold by
Franklin Tower Joint Venture
Bought by
Doostan Jay
Purchase Details
Closed on
Jul 6, 1994
Sold by
Bonios Blanche and Bonios Irving
Bought by
Franklin Towers Joint Venture
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $350,000 | Provident Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Sale | $629,000 | +79.7% | $1,401 / Sq Ft |
| 05/16/2025 05/16/25 | Sold | $350,000 | -12.5% | $653 / Sq Ft |
| 03/13/2025 03/13/25 | Pending | -- | -- | -- |
| 02/25/2025 02/25/25 | For Sale | $400,000 | -- | $746 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,073 | $74,891 | $17,902 | $56,989 |
| 2023 | $1,058 | $73,423 | $17,551 | $55,872 |
| 2022 | $1,041 | $71,984 | $17,207 | $54,777 |
| 2021 | $1,024 | $70,573 | $16,870 | $53,703 |
| 2019 | $930 | $68,482 | $16,371 | $52,111 |
| 2018 | $927 | $67,140 | $16,050 | $51,090 |
| 2016 | $851 | $64,535 | $15,428 | $49,107 |
| 2015 | $837 | $63,567 | $15,197 | $48,370 |
| 2014 | $852 | $62,323 | $14,900 | $47,423 |
Source: Public Records
Agents Affiliated with this Home
-
Elias Donay
Seller's Agent in 2025
Elias Donay
Universal Capital Investments
(310) 261-8235
1 in this area
8 Total Sales
-
Catherine Mulley
C
Seller's Agent in 2025
Catherine Mulley
Laguna Premier Realty Inc.
(518) 858-4103
27 Total Sales
-
Roland Watkins
R
Buyer's Agent in 2025
Roland Watkins
Gold Realtors
(323) 304-9880
18 in this area
22 Total Sales
About Franklin Towers
Map
Source: The MLS
MLS Number: 25503101
APN: 5548-025-167
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