NOT LISTED FOR SALE

Franklin Towers 7250 Franklin Ave Unit 315 Los Angeles, CA 90046

Hollywood Neighborhood

Estimated Value: $564,000 - $676,000

1 Bed
1.5 Baths
996 Sq Ft
$990/mo HOA Fee

Last Sold May 21, 2024

Last sale price $620,000 $622 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,178/month

48 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Heated In Ground Pool
  • Steam Room
  • 24-Hour Security
  • Automatic Gate

About This Home

As of May 2024

Treetop, Hollywood Hills, city and southern views draw you into the spacious open floor plan with seamless transitions from living room, dining, wet bar and kitchen, creating easy entertainment choices throughout. Expansive balcony terrace running the length of the condo connects your kitchen/flex space, living room and bedroom suite while 3 sets of floor to ceiling sliding doors bring the outside in supplying ample light any time of day and city lights at night. Move-in or create your open kitchen to reach its full potential. Take advantage of extra space creating your home office area or breakfast nook. Modern guest half bathroom for added convenience. The bedroom suite with access to the terrace, ample closet space and ensuite bathroom features a spa-like glass stall shower enclosure with pebble floor. In-unit combo washer/dryer included. Franklin Towers provides a lifestyle that combines a refined lobby with door person, valet guest parking, electric car charging stations, security, resort size pool/spa, club house with steam rooms, dry saunas, yoga room and full kitchen along w/ dog run, rooftop sundeck and gym. Area attractions including Runyon Canyon hiking trails, Hollywood Walk of Fame & Sunset Strip.

Last Agent to Sell the Property

Ian Rhodes

Keller Williams Realty Los Feliz License #01844869 Listed on: 03/13/2024

Keller Williams Realty Los Feliz

Co-Listed By

Kimberly Green

Keller Williams Realty Los Feliz License #01936503

Last Buyer's Agent

Daniel Pickart

Newmark Estates License #01914551

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,131

Year Built

  • Built in 1964

Lot Details

  • East Facing Home
  • Gated Home

HOA Fees

  • $990 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Electric Vehicle Home Charger
  • Automatic Gate
  • Guest Parking

Property Views

  • Skyline
  • Pool

Interior Spaces

  • 996 Sq Ft Home
  • Built-In Features
  • Bar
  • Living Room
  • Dining Area

Kitchen

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

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5548-025-042

Community Details

Overview

  • 190 Units
  • High-Rise Condominium
  • 13-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Sundeck
  • Steam Room
  • Sauna
  • Clubhouse
  • Meeting Room
  • Recreation Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,131

Year Built

Built in 1964

Lot Details

0

HOA Fees

$990 per month

Parking

1

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
  • Disability Access: DisabilityAccess, Handicap Access
  • Entry Floor: 3
  • Living Area: 996
  • Lot Acreage: 1.2289
  • Planned Urban Dev: 0
  • Stories: 13
  • Unit Floor In Building: 3
  • Year Built: 1964
  • Number Of Photos: 64
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Porcelain, Tile
  • Appliances: Electric
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Stackable W/D Hookup, Washer, Dryer, Microwave, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 627.51

Exterior Features

  • Balcony: Yes
  • Direction Faces: East
  • Exposure: East
  • Pool Description: Association Pool, Fenced, Heated, In Ground
  • Pool: Yes
  • Spa: Association Spa, In Ground, Heated
  • Spa Yn: Yes
  • View: Tree Top, Skyline, Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Auto Driveway Gate, Community Garage, Gated, Electric Vehicle Charging Station(s), Subterranean, Valet, Parking for Guests - Onsite

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated, Resident Manager

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Concierge, Clubhouse, Elevator, Exercise Room, Fitness Center, Gated Parking, Guest Parking, Meeting Room, Valet Parking, Sun Deck, Steam Room, Spa, Security, Sauna, Rec Multipurpose Rm, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 990.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5548-025-042
  • Lot Size Area: 53531

Multi Family

  • Number Of Units: 190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 14, 2024
Sold by
Faramarzi Atour
Bought by
Enzensberger Andre Georg
Seller's Agent
Ian Rhodes
Keller Williams Realty Los Feliz
Buyer's Agent
Daniel Pickart
Newmark Estates
List Price
$625,000
Sold Price
$620,000
Premium/Discount to List
-$5,000
-0.8%
Views
56
Current Estimated Value
$630,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,068
Avg. Annual Appreciation
1.50%

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 22, 2021
Sold by
Plant Aaron Bergen
Bought by
Faramarzi Atour
Seller's Agent
Roland Watkins
Gold Realtors
Buyer's Agent
Jessica Steier
Property
List Price
$622,500
Sold Price
$622,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.14%

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 17, 2021
Sold by
Dhaliwal Gurmeet and Dhaliwal Amrita
Bought by
Faramarzi Atour
Seller's Agent
Roland Watkins
Gold Realtors
Buyer's Agent
Jessica Steier
Property
List Price
$622,500
Sold Price
$622,500

Purchase Details

Listed on
Mar 9, 2016
Closed on
Apr 21, 2016
Sold by
Deluca Beatrice
Bought by
Dhaliwal Gurmeet and Dhaliwal Amrita
Seller's Agent
Miki Singer
Coldwell Banker Realty
Buyer's Agent
Roland Watkins
Gold Realtors
List Price
$548,000
Sold Price
$515,000
Premium/Discount to List
-$33,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$386,250
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2007
Sold by
Jackson Eric M
Bought by
Jackson Beatrice Deluca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2007
Sold by
Schembri Andrew
Bought by
Jackson Beatrice Deluca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2004
Sold by
Valentini Donald J and The Valentini 1998 Trust
Bought by
Schembri Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1998
Sold by
Valentini Donald J
Bought by
Valentini Donald J and Valentini 1998 Trust

Purchase Details

Closed on
Apr 5, 1995
Sold by
Federal National Mortgage Association
Bought by
Valentini Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.44%

Purchase Details

Closed on
Oct 25, 1994
Sold by
Garrett Carly H and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association
Source: Public Records

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Range of Values:

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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
Enzensberger Andre Georg $620,000 Fidelity National Title
Enzensberger Andre Georg -- Fidelity National Title
Faramarzi Atour -- Provident Title Company
Faramarzi Atour $622,500 Provident Title Company
Dhaliwal Gurmeet $515,000 Chicago Title
Jackson Beatrice Deluca -- Equity Title Company
Jackson Beatrice Deluca $543,000 Equity Title Company
Schembri Andrew $370,000 Southland Title
Valentini Donald J -- --
Valentini Donald J $76,000 Southland Title Corporation
Federal National Mortgage Association $126,340 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dhaliwal Gurmeet $386,250
Previous Owner Jackson Beatrice Deluca $150,000
Previous Owner Schembri Andrew $296,000
Previous Owner Valentini Donald J $40,000
Closed Schembri Andrew $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $620,000 -0.8% $622 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $625,000 +0.4% $628 / Sq Ft
06/30/2021 06/30/21 Sold $622,500 0.0% $625 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $622,500 0.0% $625 / Sq Ft
05/08/2019 05/08/19 Rented $2,900 0.0% --
04/17/2019 04/17/19 For Rent $2,900 0.0% --
05/19/2016 05/19/16 Sold $515,000 -6.0% $517 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $548,000 -- $550 / 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
2024 $8,131 $660,600 $424,907 $235,693
2023 $7,977 $647,648 $416,576 $231,072
2022 $7,633 $634,950 $408,408 $226,542
2021 $6,841 $563,223 $333,779 $229,444
2020 $6,843 $557,449 $330,357 $227,092
2019 $6,570 $546,520 $323,880 $222,640
2018 $6,559 $535,805 $317,530 $218,275
2017 $6,418 $525,300 $311,304 $213,996
2016 $5,381 $443,000 $310,000 $133,000
2015 $5,451 $449,000 $314,000 $135,000
2014 $4,986 $400,000 $280,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • Ian Rhodes

    Seller's Agent in 2024

    Ian Rhodes

    Keller Williams Realty Los Feliz

    (323) 821-4069

    27 in this area

    92 Total Sales

    Ian Rhodes
    Section Image
  • Kimberly Green

    Seller Co-Listing Agent in 2024

    Kimberly Green

    Keller Williams Realty Los Feliz

    (818) 451-6371

    27 in this area

    83 Total Sales

    Kimberly Green
    Section Image
  • Daniel Pickart

    Buyer's Agent in 2024

    Daniel Pickart

    Newmark Estates

    (310) 407-6515

    1 in this area

    8 Total Sales

    Daniel Pickart
    Section Image

  • R

    Seller's Agent in 2021

    Roland Watkins

    Gold Realtors

    (323) 304-9880

    16 in this area

    20 Total Sales

    Roland Watkins
    Section Image
  • Jessica Steier

    Buyer's Agent in 2021

    Jessica Steier

    Property

    (818) 790-6774

    1 in this area

    22 Total Sales

    Jessica Steier
    Section Image

  • C

    Buyer's Agent in 2019

    Cynthia Low

See All Agents

About Franklin Towers

Map

Source: The MLS

MLS Number: 24-367557

The MLS

APN: 5548-025-042

California Los Angeles County Los Angeles 90046 Hollywood

7250 Franklin Ave Unit 315, Los Angeles, CA

This home is located at 7250 Franklin Ave Unit 315, Los Angeles, CA 90046 since 13 March 2024 and is currently estimated at $630,068, approximately $632 per square foot. This property was built in 1964. 7250 Franklin Ave Unit 315 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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