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7250 Franklin Ave, Los Angeles, CA, 90046

1beds
2baths
1,047sqft
$525,000
$501price/sqft
$3,435/moest. monthly cost
$137,400/yrincome needed

About This Home

Welcome to 7250 Franklin Ave #504 — a beautifully positioned top-floor condo in the heart of Hollywood, offering the perfect blend of lifestyle, convenience, and investment potential. This light-filled unit features an open and functional layout, ideal for both comfortable living and entertaining. Large windows invite natural light throughout, creating a bright and inviting atmosphere. The kitchen flows seamlessly into the living and dining areas, maximizing space and usability. Spacious bedroom(s) and well-appointed bathroom(s) provide comfort and privacy, while ample storage adds everyday practicality. Located in a secure, well-maintained building, residents enjoy amenities such as controlled access, parking, and [add: pool, gym, rooftop, etc. if applicable]. Just steps away from iconic destinations including the Hollywood Walk of Fame, Runyon Canyon, restaurants, cafes, and nightlife—this is true city living at its best. Perfect for a primary residence, second home, or investment opportunity in one of Los Angeles’ most desirable and high-demand rental markets. This unit has a un finished master bathroom shower with permits from LADBS. Don’t miss your chance to own in a prime Hollywood location.

Getting Around

94
WalkingWalker's Paradise
60
TransitGood Transit
39
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1964

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,047 sqft

Property

Details

  • Parcel number: 5548025064
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Multi/Split
  • Entry location: -
  • Pool features: Association
  • Has view: Yes
  • View description: City Lights

Lot

  • Lot size: 1.23 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance *$90$1,080
Property Taxes $293$3,516
Electricity $398$4,786
Total$3,435$41,220
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$117,771/yr
40% on housing$103,050/yr
45% on housing$91,600/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$501This listing

vs Other Active Listings

Avg $/sqft

ZIP 90046$791
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90046$949
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Listed for sale$575,000
2025-02-15Listing removed$4,595
2025-02-14Price change$4,595
2025-02-12Price change$4,495
2025-02-05Price change$4,795
2025-01-28Price change$4,995
2025-01-21Listed for rent$5,000
2024-10-01Listing removed$3,995
2024-09-13Listed for rent$3,995
2021-11-23Sold$795,000
2021-05-12Listing removed--
2021-05-03Listed for rent$4,000
2019-09-04Listing removed$4,995
2019-08-07Price change$4,995
2019-07-11Listed for rent$5,500
2019-05-02Listing removed$2,350
2019-04-01Listed for rent$2,350
2019-01-26Listing removed$4,495
2018-12-15Price change$4,495
2018-12-02Listed for rent$3,500
2018-11-01Listing removed$3,500
2018-10-01Listed for rent$3,500
2018-06-28Listing removed$5,500
2018-06-15Price change$3,250
2018-05-29Price change$3,450
2018-04-27Listed for rent$2,200
2017-09-11Sold$1,550,000
2005-08-15Sold$325,000

For Sale by Agent

AgentIxbalanque Garcia
BrokerageWon Suk Kim Real Estate, Inc.

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