$760,000

7300 Franklin Ave Unit 548 Los Angeles, CA 90046

Hollywood Neighborhood

Estimated payment $5,542/month

Total Views 16,456
2 Beds
2 Baths
1,191 Sq Ft
$638 Price per Sq Ft

Highlights

  • Fitness Center
  • Gated Community
  • View of Hills
  • Gated Parking
  • 1.98 Acre Lot
  • Living Room with Fireplace

About This Home

FABULOUS Designer-remodeled condo with custom details throughout. Gorgeous dark brown hardwood floors. Spacious open layout with TONS of light and an abundance of trees all around you! Gourmet kitchen with hi-end appliances, ultra-modern cabinetry and tons of storage. Electric blinds in living room w sweet balcony overlooking the hills. Dining room flows off the kitchen and living room with a gorgeous stone-walled electric fireplace. Wonderfully expansive Primary bedroom with wraparound walk-in closet. Beautiful primary bath. Second bedroom the perfect size for guests. Guest bathroom with separate shower. RARE Laundry stacked and in-unit closet + storage. Central HVAC. Two side-by side, gated parking spots next to the elevator. Steps to famous Runyon Canyon hiking trails. Incredible location just 3-minutes to Sunset Strip, boutiques, restaurants and FUN!!

Listing Agent

Michelle Martino

Keller Williams Los Angeles License #01749589 Listed on: 07/31/2025

Keller Williams Los Angeles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,483

Year Built

  • Built in 1974

Lot Details

  • North Facing Home
  • Gated Home

HOA Fees

  • $619 Monthly HOA Fees

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 1,191 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Electric Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Views of Hills

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Garage Door Opener
  • Gated Parking
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5550-032-192

Community Details

Overview

  • 226 Units
  • Low-Rise Condominium

Amenities

  • Meeting Room
  • Laundry Facilities

Recreation

  • Fitness Center

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,483

Year Built

Built in 1974

Lot Details

0

HOA Fees

$619 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mediterranean
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: FABULOUS Designer-remodeled condo with custom details throughout. Gorgeous dark brown hardwood floors. Spacious open layout with TONS of light and an abundance of trees all around you! Gourmet kitchen with hi-end appliances, ultra-modern cabinetry and tons of storage. Electric blinds in living room w sweet balcony overlooking the hills. Dining room flows off the kitchen and living room with a gorgeous stone-walled electric fireplace. Wonderfully expansive Primary bedroom with wraparound walk-in closet. Beautiful primary bath. Second bedroom the perfect size for guests. Guest bathroom with separate shower. RARE Laundry stacked and in-unit closet + storage. Central HVAC. Two side-by side, gated parking spots next to the elevator. Steps to famous Runyon Canyon hiking trails. Incredible location just 3-minutes to Sunset Strip, boutiques, restaurants and FUN!!
  • Complex Name: Casa Palmero
  • Entry Floor: 5
  • Living Area: 1191
  • Lot Acreage: 1.9840
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Unit Floor In Building: 5
  • Year Built: 1974
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Electric
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Counter / Bar
  • Laundry: In Unit, Laundry Closet Stacked, Community, Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave, Washer, Refrigerator, Range/Oven, Elevator
  • Price Per S Q F T: 638.12

Exterior Features

  • Balcony: faces East
  • Direction Faces: North
  • Pool: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Controlled Entrance, Community Garage, Covered Parking, Door Opener, Side By Side, Subterr Side by Side, Gated, Gated Underground
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Electric, Central
  • Heating: Central, Electric
  • Security: Gated, Resident Manager, Smoke Detector, T.V., Carbon Monoxide Detector(s)

Association/Amenities

  • Amenities: Fitness Center, Gated Community, Controlled Access, Conference, Assoc Pet Rules

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 619.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5550-032-192
  • Lot Size Area: 86424

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 226

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,483 $786,926 $566,869 $220,057
2024 $9,483 $771,497 $555,754 $215,743
2023 $9,303 $756,370 $544,857 $211,513
2022 $8,897 $741,540 $534,174 $207,366
2021 $8,786 $727,000 $523,700 $203,300
2019 $7,283 $612,523 $444,081 $168,442
2018 $7,266 $600,514 $435,374 $165,140
2016 $6,911 $577,197 $418,469 $158,728
2015 $6,443 $537,900 $376,100 $161,800
2014 $5,548 $452,000 $316,000 $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $760,000 0.0% $638 / Sq Ft
01/23/2025 01/23/25 Rented $3,875 0.0% --
11/01/2024 11/01/24 For Rent $3,875 +0.6% --
09/13/2024 09/13/24 Rented $3,850 0.0% --
09/05/2024 09/05/24 Price Changed $3,850 +2.7% $3 / Sq Ft
09/05/2024 09/05/24 For Rent $3,750 0.0% --
04/05/2024 04/05/24 Rented $3,750 0.0% --
02/01/2024 02/01/24 For Rent $3,750 -3.8% --
09/10/2023 09/10/23 Rented $3,900 +4.0% --
08/09/2023 08/09/23 For Rent $3,750 0.0% --
10/16/2020 10/16/20 Sold $727,000 +0.3% $610 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $725,000 -- $609 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $727,000 Equity Title Los Angeles
Interfamily Deed Transfer -- Accommodation
Grant Deed $500,000 Southland Title Corporation
Grant Deed $205,000 Investors Title Company
Gift Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $400,000 Negative Amortization
Previous Owner $75,000 Credit Line Revolving
Previous Owner $255,100 Unknown
Previous Owner $179,375 Stand Alone First
Source: Public Records

About the Listing Agent

Michelle Martino

Keller Williams Los Angeles

(888) 861-6569

Section Image

You'll be happy to know that when I help you either purchase a home....or prepare to sell yours, you'll be in the best of care.
Clear communication, marketing strategies and keys to winning in this competitive market are where I've built an exceptional
- and award winning - reputation.

I grew up in Beverly Hills with European parents who instilled a lifelong sense of integrity, commitment and diligence to everything I do.
And I finished my education at Loyola Marymount

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Source: The MLS

MLS Number: 25572335

The MLS

APN: 5550-032-192