Franklin Towers 7250 Franklin Ave Unit 506 Floor 1 Los Angeles, CA 90046
Hollywood NeighborhoodEstimated payment $3,515/month
Highlights
- Concierge
- 24-Hour Security
- Updated Kitchen
- Fitness Center
- Spa
- 1.23 Acre Lot
About This Home
Discover a luxurious urban lifestyle in this stunning studio unit located on the 5th floor of the prestigious Franklin Towers, right in the heart of Hollywood. This corner unit offers privacy with no direct connecting neighbors and features modern upgrades that exude sophistication. Step inside to find rich wood flooring throughout the main living space, beautifully complemented by oversized windows that flood the unit with natural light. The kitchen is a chef's dream, equipped with European style cabinetry, top-of-the-line Miele appliances, an Asko dishwasher, and a built-in Sub Zero refrigerator. The stainless steel appliances add both style and functionality. The spacious walk-in closet provides ample storage with shelves and double rack hanging space, ensuring everything has its place. The spa-like bathroom is designed for relaxation, featuring a walk-in shower with a rainfall showerhead. Residents of Franklin Towers enjoy unparalleled amenities including 24-hour front desk service, valet parking, a rooftop gym, and a rooftop deck with breathtaking city views. Additional perks include a pool, club/lounge room, yoga studio, steam room, and sauna. Community laundry facilities are conveniently close to the unit. Embrace the vibrant Hollywood lifestyle with this exceptional studio unit that combines modern luxury with convenience and comfort. Don’t miss your chance to live in one of Los Angeles’s most sought-after addresses.
Listing Agent
BERKSHIRE HATH HM SVCS CA PROP Brokerage Phone: 626-606-5716 License #01852773 Listed on: 12/06/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 1964
HOA Fees
- $994 Monthly HOA Fees
Parking
- 1 Car Garage
- Electric Vehicle Home Charger
- Parking Available
- Assigned Parking
Home Design
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 492 Sq Ft Home
- Family Room Off Kitchen
- Formal Dining Room
- Wood Flooring
- Neighborhood Views
- Laundry Room
Kitchen
- Updated Kitchen
- Open to Family Room
- Electric Oven
- Electric Cooktop
- Dishwasher
- Stone Countertops
- Built-In Trash or Recycling Cabinet
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- Upgraded Bathroom
- 1 Full Bathroom
- Stone Bathroom Countertops
- Walk-in Shower
- Exhaust Fan In Bathroom
Home Security
Utilities
- Central Heating and Cooling System
- Septic Type Unknown
Additional Features
- Spa
- Two or More Common Walls
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 38399
- Assessor Parcel Number 5548025066
- $172 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 190 Units
- Franklin Towers Association, Phone Number (818) 907-6622
- Ross Morgan Company HOA
- Maintained Community
- 13-Story Property
Amenities
- Concierge
- Valet Parking
- Sauna
- Clubhouse
- Recreation Room
- Laundry Facilities
Recreation
- Fitness Center
- Community Pool
- Community Spa
- Dog Park
Security
- 24-Hour Security
- Fire and Smoke Detector
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 | $6,269 | $518,711 | $334,654 | $184,057 |
| 2024 | $6,269 | $508,542 | $328,093 | $180,449 |
| 2023 | $6,152 | $498,571 | $321,660 | $176,911 |
| 2022 | $5,893 | $488,796 | $315,353 | $173,443 |
| 2021 | $5,821 | $479,213 | $309,170 | $170,043 |
| 2019 | $5,581 | $465,000 | $300,000 | $165,000 |
| 2018 | $4,164 | $338,129 | $240,228 | $97,901 |
| 2016 | $3,951 | $325,000 | $230,900 | $94,100 |
| 2015 | $3,759 | $309,000 | $206,000 | $103,000 |
| 2014 | -- | $240,000 | $160,000 | $80,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/06/2025 12/06/25 | For Sale | $380,000 | 0.0% | $772 / Sq Ft | |
| 11/15/2024 11/15/24 | Rented | $2,200 | -8.3% | -- | |
| 11/11/2024 11/11/24 | Under Contract | -- | -- | -- | |
| 10/14/2024 10/14/24 | Price Changed | $2,400 | -4.0% | $5 / Sq Ft | |
| 10/03/2024 10/03/24 | Price Changed | $2,500 | -7.4% | $5 / Sq Ft | |
| 08/28/2024 08/28/24 | Price Changed | $2,700 | -1.8% | $5 / Sq Ft | |
| 08/08/2024 08/08/24 | For Rent | $2,750 | 0.0% | -- | |
| 11/26/2018 11/26/18 | Sold | $465,000 | -1.4% | $921 / Sq Ft | View Prior Sale |
| 04/27/2018 04/27/18 | Price Changed | $471,750 | +6.0% | $934 / Sq Ft | |
| 12/29/2017 12/29/17 | Price Changed | $445,000 | -1.1% | $881 / Sq Ft | |
| 11/16/2017 11/16/17 | Price Changed | $450,000 | +4.7% | $891 / Sq Ft | |
| 09/16/2017 09/16/17 | For Sale | $430,000 | -7.5% | $851 / Sq Ft | |
| 08/22/2017 08/22/17 | Off Market | $465,000 | -- | -- | |
| 07/25/2017 07/25/17 | For Sale | $430,000 | -7.5% | $851 / Sq Ft | |
| 07/25/2017 07/25/17 | Off Market | $465,000 | -- | -- | |
| 05/02/2017 05/02/17 | Price Changed | $430,000 | +3.6% | $851 / Sq Ft | |
| 05/02/2017 05/02/17 | For Sale | $415,000 | +27.7% | $822 / Sq Ft | |
| 07/03/2015 07/03/15 | Sold | $325,000 | -1.2% | $724 / Sq Ft | View Prior Sale |
| 06/04/2015 06/04/15 | Pending | -- | -- | -- | |
| 05/18/2015 05/18/15 | Price Changed | $329,000 | -2.9% | $733 / Sq Ft | |
| 03/30/2015 03/30/15 | For Sale | $339,000 | -- | $755 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Grant Deed | $325,000 | Provident Title Company | |
| Grant Deed | $295,000 | Provident Title Company | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity Title | |
| Individual Deed | $81,000 | Fidelity Title | |
| Grant Deed | $60,000 | Chicago Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | -- | No Value Available | |
| Previous Owner | $221,250 | New Conventional | |
| Previous Owner | $72,900 | No Value Available | |
| Previous Owner | $37,500 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25268521
APN: 5548-025-066
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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