0.jpg
1 / 28

7250 Franklin Avenue, 506, Los Angeles, CA 90046

$275K0bd · 1ba · 492 sqft
Lot 53,531 sqft•HOA $993.96/mo•Condominium•
Active
•130d on market•MLS# CV-26121555

Property Description

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.

Features & Amenities

FeeBuilt 1964

Property Details

Land Type
Fee
Year Built
1964
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air, Electric
Flooring
Wood
City
Los Angeles
Zip Code
90046
County
Los Angeles
Listed byUnknown Office, Jonathan Chi

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,390.55
Principal & Interest
Loan Amount
$220,000
Total Interest
$280,598
Total Payment Over 30 Years
$500,598
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

7250 Franklin Avenue, 506, Los Angeles, CA 90046

Los Angeles · Condominium

$275K
Affordable Tier
Beds
0
Baths
1
Sqft
492
Lot
1.23 ac
Year
1964
$/Sqft
$559
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 1-car✓

Listed 15.4% below the median closed sale of $325,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $275K· $559/sqft
Total list price
Closed comps
vs closed median $325K
−$50K (−15.4%)
Active comps
vs active median $400K
−$125K (−31.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $840
−$281 (−33.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
800 1st StreetLos Angeles196801481106,193$665$320,00035886
400 BroadwayLos Angeles20191147036,154$1,043$490,00035381
3640 Cardiff AvenueLos Angeles19731156031,117$712$399,00026880
2939 Leeward AvenueLos Angeles20181159037,166$678$399,99916679
400 BroadwayLos Angeles20211151236,291$1,104$565,00037678
Total: 5 · Average0.81.0522.649,384.2$840.4$434,799.8304.2
Median512$399,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
7250 FranklinLos Angeles196409/30/20260153653,531$300,000$275,000$5130.926894
1930 Vermont AvenueLos Angeles196409/15/2026116890$549,000$554,000$8041.017083
1745 Camino Palmero StreetLos Angeles197309/15/20260162366,604$329,000$320,000$5140.9723681
1522 S Centinela AveLos Angeles196609/25/20261162313,544$449,000$440,000$7060.9813981
904 New Hampshire AvenueLos Angeles202410/02/2026115730$299,999$325,000$5671.086081
Total: 5 · Average0.61.0608.844,559.667$382,800$382,800$620.8—114.6
Median623$325,000$325,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.