Franklin Towers 7250 Franklin Ave Unit 406 Los Angeles, CA 90046
Hollywood NeighborhoodEstimated payment $3,372/month
Highlights
- Concierge
- 24-Hour Security
- 1.23 Acre Lot
- Fitness Center
- Gated Parking
- Clubhouse
About This Home
Welcome to Franklin Towers – Hollywood Living at Its Finest!
Nestled in one of Hollywood’s most sought-after neighborhoods, this beautifully updated unit offers the perfect blend of modern design and everyday convenience. Ideal for investors or first-time buyers, the home features a brand-new kitchen with high-end appliances, sleek new flooring, air conditioning, and thoughtful updates throughout that enhance both style and function.
Franklin Towers delivers resort-style living with amenities that go above and beyond. Enjoy valet parking, a state-of-the-art gym, a yoga studio, a sparkling pool, a sauna, and a residents’ sky deck with stunning views of the Hollywood Sign – perfect for relaxing or entertaining. EV owners will love the free on-site charging stations, and the 24-hour security provides peace of mind.
Located near Hollywood’s most iconic destinations, including The Magic Castle, The Roosevelt Hotel, The Chinese Theater, and Runyon Canyon, this property places you at the center of it all.
Don't miss your opportunity to own a piece of Hollywood luxury – schedule a showing today!
Listing Agent
Keller Williams Realty Calabasas Brokerage Phone: 818-324-5941 License #01968735 Listed on: 06/02/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,849
Year Built
- Built in 1964
HOA Fees
- $994 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Available
- Gated Parking
- Assigned Parking
- Community Parking Structure
Home Design
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 449 Sq Ft Home
- Living Room
- Laundry Room
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Additional Features
- Two or More Common Walls
- Urban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 38399
- Assessor Parcel Number 5548025050
- $172 per year additional tax assessments
Community Details
Overview
- 190 Units
- Franklin Towers Association, Phone Number (323) 876-6000
- Ross Management Co HOA
- 14-Story Property
Amenities
- Concierge
- Community Barbecue Grill
- Clubhouse
- Recreation Room
- Laundry Facilities
Recreation
- Fitness Center
- Community Pool
- Hiking Trails
Pet Policy
- Pet Restriction
- Pet Size Limit
Security
- 24-Hour Security
- Resident Manager or Management On Site
Map
About Franklin Towers
Home Values in the Area
Average Home Value in this Area
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 | $4,849 | $397,952 | $297,138 | $100,814 |
| 2024 | $4,849 | $390,150 | $291,312 | $98,838 |
| 2023 | $4,760 | $382,500 | $285,600 | $96,900 |
| 2022 | $4,567 | $375,000 | $280,000 | $95,000 |
| 2021 | $3,598 | $290,000 | $100,000 | $190,000 |
| 2020 | $5,105 | $415,344 | $124,644 | $290,700 |
| 2019 | $4,000 | $72,735 | $14,540 | $58,195 |
| 2018 | $889 | $71,309 | $14,255 | $57,054 |
| 2016 | $811 | $68,542 | $13,702 | $54,840 |
| 2015 | $797 | $67,514 | $13,497 | $54,017 |
| 2014 | $810 | $66,192 | $13,233 | $52,959 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Price Changed | $365,000 | -2.7% | $813 / Sq Ft |
| 07/10/2025 07/10/25 | Price Changed | $375,000 | -1.3% | $835 / Sq Ft |
| 06/24/2025 06/24/25 | Price Changed | $380,000 | -2.6% | $846 / Sq Ft |
| 06/02/2025 06/02/25 | For Sale | $389,999 | +4.0% | $869 / Sq Ft |
| 12/10/2021 12/10/21 | Sold | $375,000 | -2.6% | $740 / Sq Ft |
| 11/10/2021 11/10/21 | Pending | -- | -- | -- |
| 11/05/2021 11/05/21 | Price Changed | $385,000 | -2.5% | $759 / Sq Ft |
| 10/01/2021 10/01/21 | For Sale | $395,000 | +36.2% | $779 / Sq Ft |
| 11/04/2020 11/04/20 | Sold | $290,000 | +1.8% | $646 / Sq Ft |
| 09/29/2020 09/29/20 | Pending | -- | -- | -- |
| 09/17/2020 09/17/20 | Price Changed | $285,000 | -11.2% | $635 / Sq Ft |
| 08/20/2020 08/20/20 | Price Changed | $321,000 | -0.6% | $715 / Sq Ft |
| 05/19/2020 05/19/20 | Price Changed | $323,000 | -5.0% | $719 / Sq Ft |
| 03/24/2020 03/24/20 | Price Changed | $340,000 | -10.5% | $757 / Sq Ft |
| 03/10/2020 03/10/20 | Price Changed | $380,000 | -5.0% | $846 / Sq Ft |
| 01/08/2020 01/08/20 | For Sale | $400,000 | -- | $891 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $375,000 | First American Title | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Special Warranty Deed | $290,000 | Lawyers Title | |
| Trustee Deed | $334,533 | Accommodation |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $337,400 | New Conventional | |
| Previous Owner | $275,500 | New Conventional | |
| Previous Owner | $442,500 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $15,000 | Credit Line Revolving |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25123426
APN: 5548-025-050
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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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