NOT LISTED FOR SALE

7309 Franklin Ave Unit 206 Los Angeles, CA 90046

Hollywood Hills West Neighborhood

Estimated Value: $473,000 - $572,212

1 Bed
1.5 Baths
908 Sq Ft
$495/mo HOA Fee

Last Sold October 30, 2014

Last sale price $300,000 $330 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,792/month

30 Days on Market

Highlights

  • Heated In Ground Pool
  • Contemporary Architecture
  • Breakfast Area or Nook
  • 19,545 Sq Ft lot
  • Pool View
  • Elevator

About This Home

As of October 2014

Drastic Reduction. Price to Sell. Probate Property Subject to Court Confirmation. Franklin Ave: Location! Location! Very desirable Spacious 1 Bdrm Hollywood Condo near Runyon Canyon. Spacious Master bdrm with on suite bath and additional 1/4 bath for guest.. Loads of closets through-out unit. Condo has balcony with greenbelt view overlooking the pool. Large front lobby. Close to restaurants and entertainment. Great opportunity to live in a prime Hollywood area. See private remarks for date & address of Court Confirmation.

Last Agent to Sell the Property

Sharlene Mosley

Briarwood Realty Co. License #00825700 Listed on: 07/01/2014

Last Buyer's Agent

Maryam Rastegar

Rastegar Realtors License #01312085

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,479

Year Built

  • Built in 1962

Lot Details

  • 0.45

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 908 Sq Ft Home
  • Built-In Features
  • Living Room
  • Dining Area
  • Carpet
  • Pool Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Electric Cooktop

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathtub with Shower

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Additional Features

  • Heated In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5572-029-038

Community Details

Overview

  • Association fees include insurance
  • 30 Units
  • 5-Story Property

Amenities

  • Elevator
  • Lobby

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,479

Year Built

Built in 1962

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Continental HOA
  • Entry Floor: 2
  • Entry Location: Elevator
  • Living Area: 908
  • Planned Urban Dev: 0
  • Probate: Yes
  • Stories: 5
  • Unit Floor In Building: 2
  • Year Built: 1962
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Appliances: Built-In Electric, Cooktop - Electric
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 1
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area, Living Room
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 362.33

Exterior Features

  • Balcony: yes
  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered
  • Pool: Yes
  • View: Pool
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Call, Yes

Condo/Co-op/Association

  • Assessments: yes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance
  • High Rise: Controlled Access, Entrance Lobby, Passenger Elevator
  • HOA Fees: 495.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5572-029-038
  • Geocode Override: No
  • Lot Size Area: 19545

Rental Info

  • Court Approve: Yes

Multi Family

  • Number Of Units: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2014
Closed on
Sep 29, 2014
Sold by
Curtiss Thomas and Estate Of Esther M Borbidge
Bought by
Arshia Mehrnoush
Seller's Agent
Sharlene Mosley
Briarwood Realty Co.
Buyer's Agent
Maryam Rastegar
Rastegar Realtors
List Price
$399,500
Sold Price
$300,000
Premium/Discount to List
-$99,500
-24.91%
Current Estimated Value
$540,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,803
Avg. Annual Appreciation
5.95%
Original Mortgage
$285,000
Outstanding Balance
$219,681
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$342,120

Purchase Details

Closed on
Oct 25, 1996
Sold by
Borbidge Patrick M and Borbidge Alida A
Bought by
Borbidge Esther M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
8.11%
Source: Public Records

Range of Values:

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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
Arshia Mehrnoush $300,000 Lawyers Title Company
Borbidge Esther M $110,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arshia Mehrnoush $285,000
Previous Owner Borbidge Esther M $68,600
Previous Owner Borbidge Esther M $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $300,000 -8.8% $330 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
07/22/2014 07/22/14 Price Changed $329,000 -17.6% $362 / Sq Ft
07/01/2014 07/01/14 For Sale $399,500 -- $440 / Sq Ft
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 $4,479 $360,545 $252,384 $108,161
2024 $4,479 $353,477 $247,436 $106,041
2023 $4,399 $346,547 $242,585 $103,962
2022 $4,226 $339,753 $237,829 $101,924
2021 $4,171 $333,092 $233,166 $99,926
2019 $3,982 $323,214 $226,251 $96,963
2018 $3,970 $316,877 $221,815 $95,062
2016 $3,761 $304,574 $213,202 $91,372
2015 $3,707 $300,000 $210,000 $90,000
2014 $1,837 $146,132 $30,018 $116,114
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sharlene Mosley

    Briarwood Realty Co.

    (323) 839-7348

    Sharlene Mosley
    Section Image
  • Maryam Rastegar

    Buyer's Agent in 2014

    Maryam Rastegar

    Rastegar Realtors

    (310) 402-3969

    Maryam Rastegar
    Section Image
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Map

Source: The MLS

MLS Number: 14-774885

The MLS

APN: 5572-029-038

California Los Angeles County Los Angeles 90046 Hollywood Hills West

7309 Franklin Ave Unit 206, Los Angeles, CA

This home is located at 7309 Franklin Ave Unit 206, Los Angeles, CA 90046 since 01 July 2014 and is currently estimated at $540,803, approximately $595 per square foot. This property was built in 1962. 7309 Franklin Ave Unit 206 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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