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$650,000

Beds
1
Baths
1.0
sq ft
981

7250 Franklin Ave Unit 101, Los Angeles, CA 90046

7250 Franklin Ave Unit 101

Los Angeles, CA 90046

  • 65 days on market
*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 meticulously remodeled, single-level condo is the epitome of timeless design, featuring wide white-oak flooring, new stainless steel appliances, marble tile and quartz kitchen countertops. Renovation highlights include: new double paned windows and sliding glass doors, soundproofing drywall, new ceiling lighting, widened hallways and raised ceilings, custom window shades, custom closet system and designer wallpaper. The thoughtfully designed kitchen flows effortlessly into the dining area and spacious living room, creating an inviting space for both relaxation and entertaining. The over-size primary bedroom has ample closet space. And the renovated bathroom offers a sophisticated, sleek design, including a stackable washer and dryer. One assigned parking space is included. 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.

Details

Property type

Condominium

Est. home value

$686,681

Lot size

1.2289 acres

Price per sq ft

$663

Year built

1964

Monthly HOA fee

$964.52

Price History

01/27/2025
CLAW

CLAW #25489645

Listed
$650,000
+16.07%
09/13/2021
CRMLS

CRMLS #CV21109627

Sold
$560,000

Schools & Community

Neighborhood: 

Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$185,501
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$412,499
Cash to seller
$185,501

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2021

Original loan amount

$448,000

Est. remaining balance

$412,499

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Alan D Johns and Christopher M Wilmore

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 7:20 PM

Listing updated: 03/15/2025 at 11:45 PM

Listed by: Ashley Schweikert, Coldwell Banker Realty Phone #: (310) 777-6200

MLS: CLAW #25489645

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