Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 

7250 Franklin Avenue #506Los Angeles, CA 90046

Condo/Townhouse · 1 Full Bath · 492 Sq. ft. | 1.23 Acres
$330,000 Active

7250 Franklin Avenue #506 Overview

Time on Site:
26 days
Visits:
0

This beautifully upgraded corner studio at the iconic Franklin Towers presents a rare opportunity to own in one of Hollywood’s most recognizable full-service luxury buildings. Positioned on the 5th floor with no direct connecting neighbors, Unit 506 offers a peaceful retreat above the energy of the city, blending privacy, sophistication, and convenience in an unbeatable location. Inside, rich wood flooring, oversized windows, and abundant natural light create a warm and inviting atmosphere. The thoughtfully designed kitchen features European-style cabinetry, premium Miele appliances, an Asko dishwasher, and a built-in Sub-Zero refrigerator, delivering both elegance and functionality. A spacious walk-in closet provides exceptional storage, while the spa-inspired bathroom with a rainfall shower offers a relaxing escape at the end of the day. Franklin Towers is renowned for its resort-style amenities, including 24-hour front desk service, valet parking, rooftop fitness center, panoramic rooftop deck, pool, lounge, yoga studio, steam room, and sauna. Whether you're seeking a stylish primary residence, a Hollywood pied-à-terre, or a low-maintenance lifestyle in the heart of Los Angeles, this residence delivers. Just moments from world-class dining, entertainment, nightlife, and major studios, this home places you at the center of everything that makes Hollywood exciting. This is an exceptional opportunity to secure a luxury address at an attractive value. Don't miss your chance to experience the best of Hollywood living at Franklin Towers.

Virtual Tour
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

7250 Franklin Avenue #506 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 492
  • Price/Sq.ft. $671
  • Lot 1.23 Acres

Details

General

Association/HOA

  • Association Amenities: Clubhouse,Dog Park,Fitness Center,Maintenance Grounds,Pool,Recreation Room,Sauna,Spa/Hot Tub,Security,Trash,Water
  • Association Fee: 993.96
  • Association Fee 2 Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Franklin Towers
  • Association: Yes
  • Common Interest: Condominium

School Information

  • School District: Los Angeles Unified

Listing Information

  • Contingency: None

Building Information

  • New Construction: No
  • Year Built: 1964

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C20 - Hollywood
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Sidewalks,Pool
  • Number Of Units In Community: 190

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: Yes

General Information

  • Disclosures: Covenants/Restrictions Disclosure
  • Listing Terms: Conventional
  • Parcel Number: 5548025066
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: LAR3

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Total: 1
  • Bedrooms Total: 0

General Information

  • Appliances: Dishwasher,Electric Cooktop,Electric Oven,Disposal,Refrigerator
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood
  • Interior Features: Stone Counters,Walk-In Closet(s)
  • Laundry Features: Common Area
  • Levels: One
  • Living Area: 492.0
  • Living Area Source: Estimated
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 0
  • Security Features: Fire Detection System,24 Hour Security,Smoke Detector(s)
  • Spa Features: Community
  • Spa: Yes
  • Stories: 1
  • Stories Total: 13

Unit Information

  • Unit Number: 506

Exterior

Parking Information

  • Parking Features: Assigned,Electric Vehicle Charging Station(s),Garage,Valet
  • Parking Total: 1.0

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 1.2289
  • Lot Size Area: 53531.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 53531.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Other

Waterfront/View

    Building Exterior/Construction

    • Attached Garage: No
    • Property Attached: Yes
    • Structure Type: House

    General Information

    • Number Of Units Total: 190
    • Pool Features: Community,Association
    • Pool Private: No
    • Sewer: Unknown

    7250 Franklin Avenue #506 Neighborhood

    Community

    90046 (LOS ANGELES) Demographics

    38
    Median Age
    8,613
    Population Density (per sq. mile)
    69%
    College Educated
    $72,457
    Estimated Median Income
    6,400
    Estimated Total Home Owners
    22,144
    Estimated Total Renters
    22% / 78%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    7250 Franklin Avenue #506 Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    7250 Franklin Avenue #506 Market Data

    Based on the last 30 days in this zip code

    $2,775,948
    Average List Price
    $1,035
    Average Price per Square Foot
    30
    Properties Sold
    89
    Average Days on Market
    882
    Properties for Sale
    Calculations provided by Reliance Network

    7250 Franklin Avenue #506 History

    Date Event Value Agent
    6/4/2026Source: CRMLS Added to Database
    June 04, 2026
    11/15/2024Source: bridgeMLS Status Change
    Rented-Leased
    11/15/2024Source: CRMLS Status Change
    Closed
    11/11/2024Source: bridgeMLS Status Change
    Pending
    11/11/2024Source: CRMLS Status Change
    Pending
    10/14/2024Source: bridgeMLS Price Reduction
    $2,400 -4.0%
    10/14/2024Source: CRMLS Price Reduction
    $2,400 -4.0%
    10/3/2024Source: CRMLS Price Reduction
    $2,500 -7.4%
    10/3/2024Source: bridgeMLS Price Reduction
    $2,500 -7.4%
    8/28/2024Source: bridgeMLS Price Reduction
    $2,700 -1.8%
    8/28/2024Source: CRMLS Price Reduction
    $2,700 -1.8%
    8/8/2024Source: bridgeMLS Added to Database
    August 08, 2024
    8/8/2024Source: CRMLS Added to Database
    August 08, 2024
    Listing provided courtesy of BERKSHIRE HATH HM SVCS CA PROPJonathan Chi- MLS# CV26121555MLS ProviderContact Information: [email protected] - 909-980-3100