NOT LISTED FOR SALE

Franklin Towers 7250 Franklin Ave Unit 915 Los Angeles, CA 90046

Hollywood Neighborhood

Estimated Value: $606,000 - $828,000

1 Bed
1.5 Baths
996 Sq Ft
1.23 Acres

Last Sold March 01, 2016

Last sale price $565,000 $567 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,289/month

Highlights

  • Concierge
  • Fitness Center
  • Heated In Ground Pool
  • Steam Room
  • 24-Hour Security
  • City Lights View

About This Home

As of March 2016

Sensational View one Bedroom with 1.5 Baths with Views Views Views of City and the Hollywood Hills located in one of Hollywood's most Desirable and Iconic properties. The Franklin Towers has spectacular Curb Appeal with a Beautiful lobby and a full range of amenities. 24 hour Security and Concierge Pool Spa Gym Club House with steam rooms and saunas plus a Rooftop Deck overlooking all of Los Angeles

Last Agent to Sell the Property

Roland Watkins

Gold Realtors License #01082953 Listed on: 02/10/2016

Last Buyer's Agent

Roland Watkins

Gold Realtors License #01082953 Listed on: 02/10/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,072

Year Built

  • Built in 1964

Lot Details

  • 1.23

Property Views

  • City Lights
  • Hills
  • Pool
  • Courtyard

Home Design

  • Contemporary Architecture
  • Entry on the 9th floor

Interior Spaces

  • 996 Sq Ft Home
  • Built-In Features
  • Living Room
  • Breakfast Room
  • Dining Room
  • Center Hall

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom

Parking

  • 2 Parking Spaces
  • Parking Garage Space

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5548-025-138

Community Details

Overview

  • 190 Units

Amenities

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

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,072

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Franklin Towers
  • Entry Floor: 9
  • Living Area: 996
  • Planned Urban Dev: 1
  • Unit Floor In Building: 9
  • Year Built: 1964
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Laminate, Parquet
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Bar Ice Maker, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 567.27

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Fenced, Heated
  • Pool: Yes
  • View: City, City Lights, Courtyard, Hills, Pool
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: 24 Hour, Community, Guarded

Association/Amenities

  • Amenities: Clubhouse, Concierge, Controlled Access, Elevator, Extra Storage, Fitness Center, Gated Community, Gated Community Guard, Hot Water, Onsite Property Management, Pool, Sauna, Security, Steam Room, Sun Deck, Switchboard, Valet Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • Assessments: Hallway Renov $3000
  • HOA Fees: 780.00

Lot Info

  • Assessor Parcel Number: 5548-025-138
  • Geocode Override: No
  • Lot Size Area: 53586

Multi Family

  • Number Of Units: 190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2016
Closed on
Jan 20, 2016
Sold by
Cohen Meir
Bought by
Krejci Tomas and Krejci Ivana Susova
Seller's Agent
Roland Watkins
Gold Realtors
Buyer's Agent
Roland Watkins
Gold Realtors
List Price
$565,000
Sold Price
$565,000
Current Estimated Value
$681,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,879
Avg. Annual Appreciation
1.97%
Original Mortgage
$385,000
Outstanding Balance
$305,797
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$376,082

Purchase Details

Closed on
May 1, 2013
Sold by
Cohen Meir
Bought by
Cohen Meir

Purchase Details

Closed on
Jun 14, 2004
Sold by
Cohen Lea
Bought by
Cohen Meir

Purchase Details

Closed on
Sep 18, 2002
Sold by
Cohen Lea
Bought by
Cohen Lea and Cohen Meir

Purchase Details

Closed on
Jul 7, 1999
Sold by
Cohen Lea Tr
Bought by
Cohen Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,800
Interest Rate
7.64%

Purchase Details

Closed on
May 1, 1994
Sold by
Cohen Lea
Bought by
Cohen Lea
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Krejci Tomas $565,000 Provident Title Company
Cohen Meir -- None Available
Cohen Meir -- --
Cohen Lea -- --
Cohen Lea -- First American Title Ins Co
Cohen Lea -- --
Cohen Lea -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krejci Tomas $385,000
Previous Owner Cohen Lea $106,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2016 03/01/16 Sold $565,000 0.0% $567 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $565,000 0.0% $567 / Sq Ft
01/30/2015 01/30/15 Rented $2,600 -8.8% --
01/28/2015 01/28/15 Under Contract -- -- --
11/13/2014 11/13/14 For Rent $2,850 -- --
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
2025 $8,072 $668,837 $420,482 $248,355
2024 $8,072 $655,724 $412,238 $243,486
2023 $7,920 $642,867 $404,155 $238,712
2022 $7,579 $630,263 $396,231 $234,032
2021 $7,484 $617,906 $388,462 $229,444
2019 $7,193 $599,581 $376,941 $222,640
2018 $7,182 $587,825 $369,550 $218,275
2016 $3,006 $243,763 $48,740 $195,023
2015 $2,961 $240,102 $48,008 $192,094
2014 $2,980 $235,400 $47,068 $188,332
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Roland Watkins

    Gold Realtors

    (323) 304-9880

    16 in this area

    20 Total Sales

    Roland Watkins
    Section Image
  • Ian Rhodes

    Seller's Agent in 2015

    Ian Rhodes

    Keller Williams Realty Los Feliz

    (323) 821-4069

    25 in this area

    87 Total Sales

    Ian Rhodes
    Section Image
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About Franklin Towers

Map

Source: The MLS

MLS Number: 16-980467

The MLS

APN: 5548-025-138

California Los Angeles County Los Angeles 90046 Hollywood

7250 Franklin Ave Unit 915, Los Angeles, CA

This home is located at 7250 Franklin Ave Unit 915, Los Angeles, CA 90046 since 10 February 2016 and is currently estimated at $681,879, approximately $684 per square foot. This property was built in 1964. 7250 Franklin Ave Unit 915 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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