NOT LISTED FOR SALE

Franklin Towers 7250 Franklin Ave Unit 415 Los Angeles, CA 90046

Hollywood Neighborhood

Estimated Value: $590,000 - $755,000

1 Bed
1.5 Baths
996 Sq Ft
53,531 Sq Ft Lot

Last Sold November 08, 2024

Last sale price $750,000 $753 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,951/month

7 Days on Market

Highlights

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

About This Home

As of November 2024

Style and sophistication reveal this thoughtfully reimagined floor plan ready for a discerning buyer to call home. Updated throughout, the wide plank hardwood flooring creates a modern decor. The entry foyer leads you into the spacious open living room offering comfortable entertaining options with large glass sliding doors leading you to the expansive terrace with views and city lights of downtown Hollywood, Griffith Observatory, and Yamashiro perched on the hills. The dining area with wet bar connects seamlessly into the well appointed kitchen featuring quartz counters, bar seating, drop down range hood with induction cooktop, stainless steel appliances and expresso cabinets. A powder room for guests and in-unit stacked laundry closet add a valuable convenience. The primary suite features a wall of glass sliders connecting the terrace where the views are your backdrop day and night. Generous walk-in closet and spa-like double sink vanity bathroom features a glass enclosed rain shower with body jets. Combine all these desirable aspects with 2 car tandem parking and extra storage, you have your complete home. Franklin Towers provides a lifestyle that combines a refined lobby with door person, 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: 09/13/2024

Keller Williams Realty Los Feliz

Co-Listed By

Kimberly Green

Keller Williams Realty Los Feliz License #01936503

Last Buyer's Agent

Alina Muradyan

The One License #01979135

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1964

Lot Details

  • 1.23

HOA Fees

  • $990 Monthly HOA Fees

Property Views

  • Skyline
  • Trees
  • Pool

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 996 Sq Ft Home
  • Formal Entry
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 2 Covered Spaces
  • Tandem Parking
  • Automatic Gate
  • Guest Parking
  • Controlled Entrance

Outdoor Features

  • Heated In Ground Pool
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5548-025-058

Community Details

Overview

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

Amenities

  • Valet Parking
  • Sundeck
  • Steam Room
  • Sauna
  • Meeting Room
  • Recreation Room
  • Elevator
  • Community Storage Space

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

Year Built

Built in 1964

Lot Details

1.23 Acres

HOA Fees

$990 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 Homeowner Association
  • Entry Floor: 4
  • Living Area: 996
  • Lot Acreage: 1.2289
  • Planned Urban Dev: 0
  • Stories: 13
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Ceramic Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Equipment: Cable, Garbage Disposal, Dryer, Microwave, Washer, Vented Exhaust Fan, Stackable W/D Hookup, Refrigerator, Range/Oven, Dishwasher
  • Price Per S Q F T: 697.79

Exterior Features

  • Pool Description: Association Pool, In Ground, Heated And Filtered
  • Pool: Yes
  • View: City Lights, City, Tree Top, Skyline, Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Tandem, Gated, Controlled Entrance
  • Total Parking: 2

Utilities

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

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Conference, Elevator, Exercise Room, Extra Storage, Fitness Center, Gated Parking, Guest Parking, Hot Water, Meeting Room, Onsite Property Management, 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: 990.44
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5548-025-058
  • Lot Size Area: 53531

Multi Family

  • Number Of Units: 190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Sep 23, 2024
Sold by
Arya Sananikone And Mirek Voyt Trust and Sananikone Arya
Bought by
Khachiyan Svetlana
Seller's Agent
Ian Rhodes
Keller Williams Realty Los Feliz
Buyer's Agent
Alina Muradyan
The One
List Price
$695,000
Sold Price
$750,000
Premium/Discount to List
$55,000
7.91%
Current Estimated Value
$672,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,309
Avg. Annual Appreciation
-7.69%
Original Mortgage
$600,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2016
Sold by
Sananikone Arya
Bought by
Sananikone Arya and Voyt Mirek

Purchase Details

Closed on
Aug 3, 2011
Sold by
Morris Kenneth P
Bought by
Sananikone Arya and Voyt Mirek

Purchase Details

Closed on
Jun 19, 2001
Sold by
Willacy Louis
Bought by
Morris Kenneth P

Purchase Details

Closed on
Dec 8, 1998
Sold by
Tucker Wendy
Bought by
Willacy Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
6.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Khachiyan Svetlana $750,000 Fidelity National Title
Sananikone Arya -- None Available
Sananikone Arya $335,000 Pacific Coast Title
Morris Kenneth P $224,500 Southland Title Company
Willacy Louis $157,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khachiyan Svetlana $600,000
Previous Owner Willacy Louis $125,600
Closed Willacy Louis $23,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2024 11/08/24 Sold $750,000 0.0% $753 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
09/11/2024 09/11/24 Off Market $750,000 -- --
09/05/2024 09/05/24 For Sale $695,000 -- $698 / Sq Ft
Source: The MLS

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 $5,070 $750,000 $525,900 $224,100
2024 $5,070 $412,517 $220,052 $192,465
2023 $4,976 $404,430 $215,738 $188,692
2022 $4,772 $396,501 $211,508 $184,993
2021 $4,708 $388,727 $207,361 $181,366
2019 $4,500 $377,199 $201,211 $175,988
2018 $4,490 $369,804 $197,266 $172,538
2016 $4,254 $355,446 $189,607 $165,839
2015 $4,206 $350,107 $186,759 $163,348
2014 $4,295 $343,250 $183,101 $160,149
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

    24 in this area

    82 Total Sales

    Ian Rhodes
    Section Image
  • Kimberly Green

    Seller Co-Listing Agent in 2024

    Kimberly Green

    Keller Williams Realty Los Feliz

    (818) 451-6371

    24 in this area

    71 Total Sales

    Kimberly Green
    Section Image
  • Alina Muradyan

    Buyer's Agent in 2024

    Alina Muradyan

    The One

    (818) 925-0059

    1 in this area

    15 Total Sales

    Alina Muradyan
    Section Image
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About Franklin Towers

Map

Source: The MLS

MLS Number: 24-435577

The MLS

APN: 5548-025-058

California Los Angeles County Los Angeles 90046 Hollywood

7250 Franklin Ave Unit 415, Los Angeles, CA

Not Listed for Sale

Condos

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