$8,491

closing credit¹

7250 Franklin Ave Unit 701 Los Angeles, CA 90046

$715,000
1 bed
2 full
966 sqft
1.2 acres
$740 / sqft
Condo

Property details

About 7250 Franklin Ave Unit 701

*This property is available furnished.* Welcome home to Franklin Towers, where luxury living meets convenience at this full-service high-rise at the base of Runyon Canyon. This redesigned, corner unit combines modern upgrades with a timeless aesthetic. Two private balconies offer striking views of Runyon Canyon and Downtown LA. Details have been carefully considered, from new double-paned windows and sliding glass doors to soundproof drywall, recessed lighting, widened hallways, raised ceilings, custom window shades and a built-in closet system. The kitchen, outfitted with Bosch appliances and quartz countertops, seamlessly connects to the dining and living areas, fostering an open, functional layout. The expansive primary suite includes a walk-in closet, while the renovated bathrooms feature a refined, minimalist design. Franklin Towers elevates your living experience with premier amenities including valet guest parking, a resort-style pool and spa, a clubhouse with saunas and fully equipped kitchen, a dedicated yoga room, a dog run, a rooftop sundeck, a fitness center, and electric car charging stations. Enjoy 24-hour concierge and security services for peace of mind and a truly refined lifestyle.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size966 sqft
Lot size1.2289 Acres
Year built1964
ParkingAssigned, Controlled Entrance, Underground, Valet
MLS #25493201
ViewCity Lights, Mountain(s)

Summary

  • MLS Number: 25493201
  • MLS Name: CRMLS
  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 777-6200
  • Listing Agent: Ashley Schweikert

IDX 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: 2/6/2025, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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living room with dark hardwood / wood-style floors

$715,000

7250 Franklin Ave Unit 701

$8,491

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 26, 2018
Home Sold
$620,000
Oct 10, 1995
Home Sold
$82,000
Aug 16, 1991
Home Sold
$163,000

Tax history

YearAssessmentProperty Tax
2024$678,057$8,337
2023$664,763$8,180
2022$651,729$7,826
2021$638,951$7,729
2020$632,400$7,431
2019$620,000$1,580
2018$119,700$1,549
2017$117,354$1,549

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,188. Typical income of Los Angeles, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

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 ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7250 Franklin Ave Unit 701

This home is located at 7250 Franklin Ave Unit 701 in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 966 square foot home, which was built in 1964, sits on a 1.23 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since February 3, 2025 and is currently priced at $715,000.

Over 294 listings were sold over their listed price in January 2025 in Los Angeles, CA. In the same period over 545 listings were sold below the listed price and 161 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between December and January 2025 increased by 20.1%. In January 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $1,035,435.

From Rocket Homes Real Estate and based on county public records data.

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