$782,500
SOLD JAN 22, 2025

7309 Franklin Ave Unit 403 Los Angeles, CA 90046

Hollywood Hills West Neighborhood
2 Beds
2 Baths
1,298 Sq Ft
$685/mo HOA Fee

Recently Sold

$603 Per Sq Ft

9% Below List Price

144 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • Art Deco Architecture
  • Automatic Gate
  • 0.45 Acre Lot
  • Wood Flooring

About This Home

As of January 2025

Welcome to 7309 Franklin Ave, Unit 403, in the heart of Los Angeles. This beautiful 2-bedroom, 2-bathroom condo offers the perfect blend of luxury and convenience. Featuring an open floor plan with hardwood floors, a modern kitchen with stainless steel appliances, and a spacious living area that opens up to a private balcony with stunning city views. The primary suite includes a walk-in closet and an en-suite bathroom with a sink and a soaking tub. Enjoy the building's amenities, including a pool, sundeck, and secure parking. Located just steps away from Hollywood's top attractions, dining, and entertainment, this condo is a prime opportunity for those seeking an urban lifestyle. Conveniently located next to Runyon Canyon, you can enjoy nature right in the city.

Last Agent to Sell the Property

Isabella Lutzi Luthje

Sotheby's International Realty License #02105854 Listed on: 07/18/2024

Sotheby's International Realty

Last Buyer's Agent

Victoria Cruz-Christian

Equity Union License #01887799

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,563

Year Built

  • Built in 1962

HOA Fees

  • $685 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Trees

Home Design

  • Art Deco Architecture
  • Entry on the 4th floor

Interior Spaces

  • 1,298 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Family Room
  • Living Room
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Electric Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry in Kitchen
  • Stacked Washer and Dryer Hookup

Parking

  • 1 Parking Space
  • Automatic Gate
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Additional Features

  • In Ground Pool
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 5572-029-047

Community Details

Overview

  • 30 Units

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,563

Year Built

Built in 1962

Lot Details

0

HOA Fees

$685 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Art Deco
  • Levels: Three Or More
  • Street Number Display: Yes
  • Complex Name: The Continental Owners Association
  • Entry Floor: 4
  • Living Area: 1298
  • Lot Acreage: 0.4488
  • Planned Urban Dev: 0
  • Probate: No
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Wood
  • Appliances: Range, Microwave, Oven-Electric
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, Living Room
  • Laundry: Community, In Kitchen
  • Total Bathrooms: 2.00
  • Equipment: Elevator, Dishwasher, Microwave, Refrigerator, Stackable W/D Hookup, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 659.48

Exterior Features

  • Pool Description: Association Pool, Community
  • Pool: Yes
  • View: City, City Lights, Panoramic, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Covered Parking, Community Garage, Controlled Entrance
  • Total Parking: 1

Utilities

  • Cooling: Heat Pump(s), Central
  • Heating: Central
  • Security: Gated, Automatic Gate

Association/Amenities

  • Amenities: Assoc Barbecue, Gated Parking, Pool, Picnic Area, Spa, Sun Deck
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 685.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5572-029-047
  • Lot Size Area: 19550

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2017
Sold by
Sph Holdings Aps
Bought by
Jensen Jesper Patrick
Current Estimated Value
$761,300

Purchase Details

Closed on
May 11, 2011
Sold by
Stenger John and Stenger Flora
Bought by
Jensen Jesper Patrick and Aps Sph Holdings

Purchase Details

Closed on
Dec 12, 2000
Sold by
Borbidge Patrick M and Borbidge Alida A
Bought by
Simtcheva Flora S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,800
Interest Rate
7.81%
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 Type Sale Price Title Company
Quit Claim Deed $400,000 None Available
Grant Deed $584,000 Chicago Title
Interfamily Deed Transfer -- None Available
Individual Deed $279,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,800 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2025 01/22/25 Sold $782,500 -8.6% $603 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $856,000 +46.6% $659 / Sq Ft
07/13/2015 07/13/15 Sold $584,000 -0.8% $449 / Sq Ft View Prior Sale
06/10/2015 06/10/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $589,000 +0.9% $453 / Sq Ft
03/30/2015 03/30/15 Off Market $584,000 -- --
03/19/2015 03/19/15 For Sale $589,000 0.0% $453 / Sq Ft
07/27/2014 07/27/14 Rented $2,700 -3.6% --
06/27/2014 06/27/14 Under Contract -- -- --
05/22/2014 05/22/14 For Rent $2,800 -- --
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 $8,563 $712,633 $198,964 $513,669
2024 $8,563 $698,661 $195,063 $503,598
2023 $8,400 $684,963 $191,239 $493,724
2022 $8,037 $671,534 $187,490 $484,044
2021 $7,934 $658,367 $183,814 $474,553
2019 $7,629 $638,842 $178,363 $460,479
2018 $7,385 $607,592 $374,335 $233,257
2016 $7,025 $584,000 $359,800 $224,200
2015 $4,317 $349,790 $185,552 $164,238
2014 -- $342,939 $181,918 $161,021
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2025

    Isabella Lutzi Luthje

    Sotheby's International Realty

    (310) 962-9045

    1 in this area

    16 Total Sales

    Isabella Lutzi Luthje
    Section Image
  • Victoria Cruz-Christian

    Buyer's Agent in 2025

    Victoria Cruz-Christian

    Equity Union

    (310) 254-8124

    3 in this area

    93 Total Sales

    Victoria Cruz-Christian
    Section Image

  • A

    Seller's Agent in 2015

    Albena Pachmakov

    EPLA Ventures Inc

    Section Image
  • Soren Finsen

    Buyer's Agent in 2015

    Soren Finsen

    BHHS CA Properties

    (714) 423-3824

    25 Total Sales

    Soren Finsen
    Section Image
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Map

Source: The MLS

MLS Number: 24-414537

The MLS

APN: 5572-029-047

California Los Angeles County Los Angeles 90046 Hollywood Hills West

7309 Franklin Ave Unit 403, Los Angeles, CA

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