$699,000
$21K PRICE DROP

Franklin Towers 7250 Franklin Ave Unit 112 Los Angeles, CA 90046

Hollywood Neighborhood

Estimated payment $5,495/month

Total Views 11,596
2 Beds
2 Baths
1,009 Sq Ft
$693 Price per Sq Ft

Highlights

  • Concierge
  • Fitness Center
  • In Ground Pool
  • Steam Room
  • 24-Hour Security
  • Gated Parking

About This Home

Welcome home to the perfect mix of comfort and city living in this 2 bed, 2 bath condo in the highly sought-after Franklin Towers. Just steps from Runyon Canyon, Sunset Blvd, and Hollywood's most popular dining and shopping, this condo features an open floor plan, hardwood floors, a spacious kitchen with high end appliances and marble countertops, and two private balconies. The primary suite offers generous closet space and an en-suite bath while the second bedroom is ideal as a guest room or office. Enjoy resort-style amenities, including 24/7 valet + security, doorman, pool/spa, gym, steam rooms, electric car charging stations, a dog run, and a rooftop sundeck with stunning, panoramic city views. Don't miss this incredible opportunity.

Listing Agent

Bryce Pennel

Douglas Elliman License #02009053 Listed on: 02/26/2025

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,599

Year Built

  • Built in 1964

HOA Fees

  • $1,156 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,009 Sq Ft Home
  • 1-Story Property
  • Peek-A-Boo Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Gated Parking
  • Parking Garage Space

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5548-025-009

Community Details

Overview

  • 190 Units
  • High-Rise Condominium

Amenities

  • Concierge
  • Valet Parking
  • Sundeck
  • Steam Room
  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,599

Year Built

Built in 1964

Lot Details

0

HOA Fees

$1,156 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Franklin Towers HOA
  • Entry Floor: 1
  • Living Area: 1009
  • Lot Acreage: 1.2289
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1964
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Mixed, Marble, Stone, Wood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Range/Oven, Freezer, Refrigerator, Microwave
  • Price Per S Q F T: 692.77

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • Spa: Hot Tub, Association Spa
  • Spa Yn: Yes
  • View: Peek-A-Boo
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Gated, Community Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Valet Parking, Spa, Security, Pool, Sun Deck, Fitness Center, Onsite Property Management, Elevator, Sauna, Steam Room, Gated Parking, Clubhouse, Controlled Access, Concierge, Exercise Room
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1156.49
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5548-025-009
  • Lot Size Area: 53531

Multi Family

  • Number Of Units: 190

Map

About Franklin Towers

Range of Values:

Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $7,599 $635,661 $389,144 $246,517
2024 $7,599 $623,198 $381,514 $241,684
2023 $7,454 $610,980 $374,034 $236,946
2022 $7,133 $599,000 $366,700 $232,300
2021 $4,550 $375,195 $187,953 $187,242
2019 $4,346 $364,069 $182,379 $181,690
2018 $4,337 $356,931 $178,803 $178,128
2016 $4,107 $343,073 $171,861 $171,212
2015 $4,044 $337,921 $169,280 $168,641
2014 $4,064 $331,303 $165,965 $165,338
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Price Changed $699,000 -2.9% $693 / Sq Ft
02/26/2025 02/26/25 For Sale $720,000 +20.2% $714 / Sq Ft
09/17/2021 09/17/21 Sold $599,000 0.0% $594 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $599,000 0.0% $594 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $599,000 -- $594 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $780,818 Progressive Title
Grant Deed $317,000 Equity Title Los Angeles
Grant Deed $275,000 Lawyers Title Company
Trustee Deed $382,500 None Available
Grant Deed $395,000 North American Title
Grant Deed -- --
Grant Deed $210,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $569,050 New Conventional
Previous Owner $237,000 New Conventional
Previous Owner $265,821 FHA
Previous Owner $316,000 Purchase Money Mortgage
Previous Owner $188,000 No Value Available
Closed $79,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25502425

The MLS

APN: 5548-025-009

California Los Angeles County Los Angeles 90046 Hollywood

7250 Franklin Ave Unit 112, Los Angeles, CA

This home is located at 7250 Franklin Ave Unit 112, Los Angeles, CA 90046 and is currently priced at $699,000, approximately $692 per square foot. This property was built in 1964. 7250 Franklin Ave Unit 112 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.
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Bryce Pennel
Listing Agent
Bryce Pennel
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Douglas Elliman
(310) 367-1680