$4,976 Closing Credit¹
#SR25000319, Lynn Fitzpatrick, Listing office: Century 21 Masters
#SR25123426·
Listing office: Keller Williams Realty Calabasas·
Listing agent: Luisa Ramos·
Listing office phone: 818-324-5941
$389,999 List price
7250 Franklin Ave Unit 406 Los Angeles, CA 90046
$4,631
Closing credit¹
0 beds
1 full
449 sqft
1.2 acres
$869 / sqft
Condo
Property details
About 7250 Franklin Ave Unit 406
Welcome to Franklin Towers – Hollywood Living at Its Finest! Nestled in one of Hollywood’s most sought-after neighborhoods, this beautifully updated unit offers the perfect blend of modern design and everyday convenience. Ideal for investors or first-time buyers, the home features a brand-new kitchen with high-end appliances, sleek new flooring, air conditioning, and thoughtful updates throughout that enhance both style and function. Franklin Towers delivers resort-style living with amenities that go above and beyond. Enjoy valet parking, a state-of-the-art gym, a yoga studio, a sparkling pool, a sauna, and a residents’ sky deck with stunning views of the Hollywood Sign – perfect for relaxing or entertaining. EV owners will love the free on-site charging stations, and the 24-hour security provides peace of mind. Located near Hollywood’s most iconic destinations, including The Magic Castle, The Roosevelt Hotel, The Chinese Theater, and Runyon Canyon, this property places you at the center of it all. Don't miss your opportunity to own a piece of Hollywood luxury – schedule a showing today!
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size449 sqft
Lot size1.2289 Acres
Year built1964
ParkingAssigned, Gated, Community Structure
MLS #SR25123426
Garage1 space
Virtual tour
Summary
- Full Bathrooms: 1
- Fireplace: None
- Garage Space: 1 space
- Attached Garage: No
- Private Pool: No
- Parking: Assigned, Gated, Community Structure
- Heating: Central
- Cooling: Central Air
- List Price: $389,999
- Price/SqFt: $868
- HOA Amount: $993 Monthly
- Annual Tax Amount: $4,848
- Tax Year: 2024
- Directions: Use Google maps or Waze
- Year Built: 1964
- Stories: 14
- Living Area: 449 SqFt
- Lot Size: 1.2289 Acres
- MLS Number: SR25123426
- MLS Name: CRMLS
- Office Name: Keller Williams Realty Calabasas
- Office Phone: (818) 324-5941
- Listing Agent: Luisa Ramos
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 10:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$389,999
7250 Franklin Ave Unit 406
$4,631
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 10, 2021 | Home Sold | $375,000 |
| Nov 04, 2020 | Home Sold | $290,000 |
| Nov 30, 1990 | Home Sold | $50,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $390,150 | $4,848 |
| 2023 | $382,500 | $4,759 |
| 2022 | $375,000 | $4,566 |
| 2021 | $290,000 | $3,597 |
| 2020 | $415,344 | $4,000 |
| 2019 | $72,735 | $888 |
| 2018 | $71,309 | $870 |
| 2017 | $69,912 | $870 |
History based on county public records data.
Nearby schools
4
Gardner Street Elementary
Public District PK-5
0.4 mi
•7450 Hawthorn Ave
9
Melrose Avenue Elementary School
Public District KG-5
1.3 mi
•731 N Detroit St
5
Cheremoya Avenue School
Public District PK-6
1.5 mi
•6017 Franklin Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,188. The majority of Los Angeles, CA residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
27%
<35k
53%
35k-100k
15%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
85%
Single, No Kids
1%
Single, with Kids
11%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
2%
<11 yrs old
1%
12-17 yrs old
49%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Hiking/backpacking
Where do the neighbors shop?
H&M
Banana Republic
Bloomingdales
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
Audi
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7250 Franklin Ave Unit 406
The listing price of 7250 Franklin Ave Unit 406 property is $389,999.
The property 7250 Franklin Ave Unit 406 is a condo located in Los Angeles, California, 90046.
Active Listing: 7250 Franklin Ave Unit 406 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7250 Franklin Ave Unit 406 are: Gardner Street Elementary (GreatSchools Rating 4/10), Melrose Avenue Elementary School (GreatSchools Rating 9/10), Cheremoya Avenue School (GreatSchools Rating 5/10), Bancroft Middle School (GreatSchools Rating 4/10), Laurel School (GreatSchools Rating 6/10), Joseph Le Conte Middle School (GreatSchools Rating 4/10), Hollywood High School (GreatSchools Rating 6/10), Larchmont Charter (GreatSchools Rating 8/10), Fairfax High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $4,848 (source: MLS/based on county public records data).
The last sale was on December 10, 2021 for $375,000 (source: MLS/tax record).
The property at 7250 Franklin Ave Unit 406 has 0 bedroom and 1 bathroom.
The property 7250 Franklin Ave Unit 406 is 449 SqFt (source: MLS/tax record).
The year of construction for 7250 Franklin Ave Unit 406 is 1964.
This home is located at 7250 Franklin Ave Unit 406 in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 449 square foot home, which was built in 1964, sits on a 1.23 acre lot. Features: 0 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $389,999.
While more than 325 listings in Los Angeles, CA in May 2025 were sold above asking price, there were more than 134 listings sold at asking price, and more than 319 were sold below. The inventory of homes for sale in Los Angeles, CA between April and May 2025 increased by 8.7%. While the average time on the market in May 2025 was 34 days, the median list price was $871,794.
From Rocket Homes Real Estate and based on county public records data.