NOT LISTED FOR SALE

Franklin Towers 7250 Franklin Ave Unit 1116 Los Angeles, CA 90046

Hollywood Neighborhood

Estimated Value: $741,000 - $938,000

2 Beds
2 Baths
1,212 Sq Ft
1.23 Acres

Last Sold October 27, 2016

Last sale price $849,000 $700 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,452/month

Highlights

  • Concierge
  • 24-Hour Security
  • City Lights View
  • Fitness Center
  • In Ground Pool
  • 53,586 Sq Ft lot

About This Home

As of February 2018

Million dollar views from this 11th floor 2 bedroom 2 bath contemporary remodeled condo. Bright and spacious with wrap around balcony in this SW corner unit providing "downtown to ocean views" See both the sunrise and sunset from your private terrace. The City of Angels' twinkling lights in your living room every night. Washer/Dryer in the unit. Building amenities include doorman, guest/valet parking, receptionist/concierge, pool, & penthouse gym & sun deck. Steps away from the many amenities of Hollywood and adjacent to West Hollywood. Runyon Canyon is literally steps away too.

Last Agent to Rent the Property

Joseph Custer

eXp Realty of California Inc License #01846723 Listed on: 01/16/2018

eXp Realty of California Inc

Last Renter's Agent

Joseph Custer

eXp Realty of California Inc License #01846723 Listed on: 01/16/2018

eXp Realty of California Inc

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,809

Year Built

  • Built in 1964

Lot Details

  • 1.23

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,212 Sq Ft Home
  • Living Room

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer

Parking

  • 2 Car Garage
  • Assigned Parking

Pool

  • In Ground Pool

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Security Deposit $9,900
  • Tenant pays for cable TV, electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 5548-025-171

Community Details

Overview

  • High-Rise Condominium
  • 12-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Sauna
  • Recreation Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,809

Year Built

Built in 1964

Lot Details

0

Rental Info

  • Security Deposit: 9900
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1212
  • Stories: 12
  • Year Built: 1964
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 4.08

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City Lights, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Garage
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Amenities: Concierge, Controlled Access, Elevator, Exercise Room, Fitness Center, Pool, Rec Multipurpose Rm, Sauna, Security, Spa, Valet Parking
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5548-025-171
  • Geocode Override: No
  • Lot Size Area: 53586

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2024
Sold by
Douglas R Mest Revocable Living Trust and Mark Pelekakis Revocable Living Trust
Bought by
Justi Helaine M
Current Estimated Value
$826,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$614,695
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$241,056

Purchase Details

Listed on
Jan 16, 2018
Closed on
Jan 6, 2018
Sold by
Mest Douglas R
Bought by
Mest Douglas R and The Douglas R Mest Revocable Living Tr
Seller's Agent
Joseph Custer
eXp Realty of California Inc
Buyer's Agent
Joseph Custer
eXp Realty of California Inc
Sold Price
$4,950

Purchase Details

Listed on
Sep 23, 2016
Closed on
Dec 19, 2016
Sold by
Mest Douglas R
Bought by
Mest Douglas R and Douglas R Mest Revocable Living Trust
Seller's Agent
Doug Rago
eXp Realty of California Inc
Buyer's Agent
Joseph Custer
eXp Realty of California Inc
List Price
$849,000
Sold Price
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.09%

Purchase Details

Listed on
Sep 23, 2016
Closed on
Oct 18, 2016
Sold by
Freundlich Neal
Bought by
Mest Douglas R and Pelekakis Mark A
Seller's Agent
Doug Rago
eXp Realty of California Inc
Buyer's Agent
Joseph Custer
eXp Realty of California Inc
List Price
$849,000
Sold Price
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2015
Sold by
Freundlich Neal
Bought by
Freundlich Neal and Bilger/Freundlich Living Trust

Purchase Details

Closed on
Feb 25, 2004
Sold by
Onufer Michael W
Bought by
Fulton Clint

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2003
Sold by
Onufer Michael W
Bought by
Onufer Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,350
Interest Rate
5.96%

Purchase Details

Closed on
Mar 22, 1994
Sold by
First Nationwide Bank Fsb
Bought by
Onufer Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,600
Interest Rate
6.99%

Purchase Details

Closed on
Nov 19, 1993
Sold by
Master Mtg Company
Bought by
First Nationwide Bank Fsb
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
Justi Helaine M $915,000 Wfg National Title
Mest Douglas R -- None Available
Mest Douglas R -- None Available
Mest Douglas R $849,000 Title 365
Freundlich Neal -- None Available
Fulton Clint $570,000 Provident Title Company
Onufer Michael W -- Fidelity National Title Co
Onufer Michael $137,000 Old Republic Title Company
First Nationwide Bank Fsb $213,871 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Justi Helaine M $620,000
Previous Owner Mest Douglas R $625,500
Previous Owner Freundlich Neal $150,000
Previous Owner Fulton Clint $456,000
Previous Owner Onufer Michael W $50,000
Previous Owner Onufer Michael W $256,350
Previous Owner Onufer Michael $241,000
Previous Owner Onufer Michael $225,000
Previous Owner Onufer Michael $32,000
Previous Owner Onufer Michael $150,000
Previous Owner Onufer Michael $107,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2018 02/15/18 Rented $4,950 0.0% --
01/31/2018 01/31/18 Under Contract -- -- --
01/16/2018 01/16/18 For Rent $4,950 0.0% --
10/27/2016 10/27/16 Sold $849,000 0.0% $700 / Sq Ft
09/27/2016 09/27/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $849,000 0.0% $700 / Sq Ft
08/08/2014 08/08/14 Rented $4,500 -7.2% --
08/08/2014 08/08/14 Under Contract -- -- --
06/02/2014 06/02/14 For Rent $4,850 -- --
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 $11,809 $915,000 $636,800 $278,200
2024 $11,809 $966,011 $675,640 $290,371
2023 $11,583 $947,071 $662,393 $284,678
2022 $11,069 $928,502 $649,405 $279,097
2021 $10,933 $910,297 $636,672 $273,625
2019 $10,538 $883,299 $617,789 $265,510
2018 $10,521 $865,980 $605,676 $260,304
2016 $8,215 $680,000 $350,000 $330,000
2015 $7,225 $604,000 $242,000 $362,000
2014 $5,385 $439,000 $176,000 $263,000
Source: Public Records

Agents Affiliated with this Home

  • Joseph Custer

    Landlord's Agent in 2018

    Joseph Custer

    eXp Realty of California Inc

    (323) 252-2264

    2 in this area

    26 Total Sales

    Joseph Custer
    Section Image
  • Doug Rago

    Seller's Agent in 2016

    Doug Rago

    eXp Realty of California Inc

    (310) 780-3957

    57 Total Sales

    Doug Rago
    Section Image
  • Chuck Keller

    Seller Co-Listing Agent in 2016

    Chuck Keller

    eXp Realty of California Inc

    (424) 281-9722

    35 Total Sales

    Chuck Keller
    Section Image
  • Douglas Stockley

    Buyer's Agent in 2014

    Douglas Stockley

    eXp Realty of California Inc

    (424) 354-9804

    3 in this area

    44 Total Sales

    Douglas Stockley
    Section Image
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About Franklin Towers

Map

Source: The MLS

MLS Number: 18-303826

The MLS

APN: 5548-025-171

California Los Angeles County Los Angeles 90046 Hollywood

7250 Franklin Ave Unit 1116, Los Angeles, CA

This home is located at 7250 Franklin Ave Unit 1116, Los Angeles, CA 90046 since 16 January 2018 and is currently priced at $826,408. This property was built in 1964. 7250 Franklin Ave Unit 1116 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.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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