Video tour
#25476973, Peter Lorimer, Listing Office: PLG Estates
7420 Franklin Ave Los Angeles, CA 90046
$8,800,000 List price
5 beds
5 full, 1 partial
7,200 sqft
0.2 acres
$1,222 / sqft
House
Property details
About 7420 Franklin Ave
A Hollywood legacy reimagined and steeped in history yet infused with modern luxury, this iconic gated estate, once the residence of legendary filmmaker Preston Sturges, is a masterpiece of design and refinement. Nestled at the base of Runyon Canyon, this private sanctuary spans approximately 7,000 square feet, surrounded by lush hedges and a serene front garden with a reflecting fountain. Step inside and be transported an extraordinary 1,800-square-foot grand room anchors the home, featuring an original antique copper-topped bar, a stately fireplace, and soaring ceilings that evoke the glamour of Hollywood's golden age. The formal dining room sets the stage for unforgettable gatherings, while the chef's kitchen, outfitted with a La Cornue range, invites culinary artistry. A distinguished gentleman's roomwhispered to be the site of Charlie Chaplin's first wedding adds to the home's storied past. Upstairs, the primary suite is a retreat of elegance, complete with a fireplace, spa-like ensuite, and French doors leading to a private rooftop terrace with breathtaking city views. Three additional en-suite guest bedrooms offer private patios, blending comfort with sophistication. An approximately 1,200-square-foot guesthouse with a full kitchen, dining area, laundry, private patio, indoor sauna, and cold plunge completes this rare offering an estate that embodies timeless elegance, rich heritage, and the ultimate in Hollywood living.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size7,200 sqft
Lot size0.2443 Acres
Year built1926
ParkingDoor-Multi, Garage
MLS #25493819
FireplaceFamily Room, Library
ViewCity Lights
Summary
- MLS Number: 25493819
- MLS Name: CRMLS
- Office Name: Compass
- Office Phone: (310) 230-5478
- Listing Agent: Tracy Tutor
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: 2/12/2025, 3:21:07 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
$8,800,000
7420 Franklin Ave
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 10, 2015 | Home Sold | $4,300,000 |
| Jun 05, 2009 | Home Sold | $1,350,000 |
| Oct 13, 1998 | Home Sold | $710,000 |
| Nov 08, 1993 | Home Sold | $575,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $5,066,617 | $61,561 |
| 2023 | $4,967,273 | $60,359 |
| 2022 | $4,869,877 | $57,561 |
| 2021 | $4,774,390 | $56,862 |
| 2020 | $4,725,435 | $55,080 |
| 2019 | $4,632,780 | $54,899 |
| 2018 | $4,541,943 | $53,699 |
| 2017 | $4,452,886 | $53,699 |
History based on county public records data.
Nearby schools
4
Gardner Street Elementary
Public District PK-5
0.3 mi
•7450 Hawthorn Ave
9
Melrose Avenue Elementary School
Public District KG-5
1.4 mi
•731 N Detroit St
10
Valley View Elementary
Public District KG-5
1.6 mi
•6921 Woodrow Wilson Dr
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 $71,341. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
22%
<35k
37%
35k-100k
18%
100k-200k
23%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
79%
Single, No Kids
4%
Single, with Kids
13%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
4%
12-17 yrs old
29%
18-34 yrs old
51%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Art Museums
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
News
All data provided by Home Junction and Claritas
Similar homes for sale
Video tour
#25486721, Peter Lorimer, Listing Office: PLG Estates
#24467165, Joshua Altman, Listing Office: Douglas Elliman of California, Inc.
#25488485, Carl Gambino, Listing Office: Compass
#25483771, Jeff Brandolino, Listing Office: Brandolino Group, Inc.
#24433375, Catherine Agro, Listing Office: The Oppenheim Group, Inc.
#24411319, Dovber Levin, Listing Office: Christie's International Real Estate SoCal
#25484939, Rochelle Maize, Listing Office: Nourmand & Associates-BH
Video tour
#25486759, Clemens Mandell, Listing Office: Coldwell Banker Realty
#24402753, Mick Partridge, Listing Office: The Beverly Hills Estates
Frequently asked questions
About 7420 Franklin Ave
This home is located at 7420 Franklin Ave in Los Angeles, CA and zip code 90046 in the Central LA neighborhood. This 7,200 square foot home, which was built in 1926, sits on a 0.24 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $8,800,000.
While more than 294 listings in Los Angeles, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. In January 2025 in Los Angeles, CA there were 20.1% more homes for sale than in December. 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.