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Sold for $1,302,000
  • Listed by: The Agency • Ray Akbari • Contact: 818-400-4344
    Bought with: Luxury Collective
    $1,302,000

    7250 Franklin Ave Unit 1203, Los Angeles, CA 90046

    2beds
    1,986sqft
    Condominium
    Built in 1964
    -- sqft lot
    $1,295,700 Zestimate®
    $656/sqft
    $6,440 Estimated rent

    Home value

    $1,295,700

    $1.18M - $1.43M

    $6,440/mo

    Zestimate® history
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    What's special

    Experience penthouse living at its finest in the prestigious Franklin Towers. This rare offering features sweeping, unobstructed views that span from Century City and the Hollywood Hills to the Pacific Ocean, all framed through two expansive balconies with dramatic floor-to-ceiling glass panels. A double-door formal entry welcomes you into a light-filled open floor plan designed for both grand entertaining and everyday elegance. The living and dining areas feature integrated surround sound, a ceiling-mounted projector with retractable screen, and seamless indoor-outdoor flow; perfect for hosting in true Hollywood style. Featured in HBO’s Entourage, this residence embodies cinematic glamour. The chef’s kitchen is a statement in modern design, outfitted with sleek custom cabinetry and premium built-in appliances. Two luxurious ensuite bedrooms, each with private balcony access and panoramic views, and spa-inspired bathrooms and generous size walk-in closets. Additional highlights include a powder room, in-unit laundry, hardwood flooring throughout, and 3 assigned parking spaces. Franklin Towers is a Hollywood landmark, offers white-glove amenities including 24/7 concierge and onsite valet service, heated lap pool and spa, steam room, sauna, rooftop fitness center, clubhouse, dog run, and an expansive rooftop deck showcasing 360-degree views from cityscape to ocean. Perfectly positioned near the iconic Sunset Strip, Hollywood Bowl, Walk of Fame, and Runyon Canyon trails, this penthouse embodies the ultimate blend of luxury, lifestyle, and location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ray Akbari DRE #01447600 818-400-4344,

    The Agency,

    Cyrus Ahmadi DRE #01098856 818-996-7766,

    Standard Realty

    Bought with:

    Kamron Roth, DRE #02122908

    Luxury Collective

    Source: CRMLS,MLS#: SR25228250MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 2
    Rooms
    • Room types: Entry/Foyer, Family Room, Kitchen
    Bathroom
    • Features: Bathtub, Separate Shower, Walk-In Shower
    Kitchen
    • Features: Galley Kitchen
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Range Hood, Dryer
    • Laundry: Laundry Closet
    Features
    • Breakfast Bar, Balcony, Recessed Lighting, Galley Kitchen
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: Item2CommonWalls
    Interior area
    • Total interior livable area: 1,986 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Electric Vehicle Charging Station(s), Garage, Gated, Community Structure, See Remarks
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front Door
    • Pool features: Community, Association
    • Has spa: Yes
    • Spa features: Association
    • Has view: Yes
    • View description: City Lights, Canyon, Mountain(s), Panoramic
    Lot
    • Features: Irregular Lot
    Details
    • Parcel number: 5548025175
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks, Pool
    • Security: Gated with Guard, Item24HourSecurity, Resident Manager
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Controlled Access, Fitness Center, Hot Water, Meeting Room, Management, Pool, Pet Restrictions, Pets Allowed, Spa/Hot Tub, Security, Trash, Water
    • Services included: Sewer
    • HOA fee: $1,624 monthly
    • HOA name: Franklin Towers
    • HOA phone: 818-907-6622
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $656/sqft
    • Tax assessed value: $1,388,587
    • Date on market: 9/29/2025
    • Cumulative days on market: 123 days
    • Listing terms: Cash to New Loan,Conventional

    Price history

    DateEventPrice
    2/20/2026Sold$1,302,000-3.2%$656/sqft
    Source: CRMLS #SR25228250 Report a problem
    2/13/2026Pending sale$1,345,000$677/sqft
    Source: CRMLS #SR25228250 Report a problem
    12/1/2025Price change$1,345,000-3.6%$677/sqft
    Source: CRMLS #SR25228250 Report a problem
    10/15/2025Listed for sale$1,395,000+15400%$702/sqft
    Source: CRMLS #SR25228250 Report a problem
    8/15/2025Listing removed$7,995$4/sqft
    Source: CLAW #25561373 Report a problem
    7/16/2025Listed for rent$7,995-5.9%$4/sqft
    Source: CLAW #25561373 Report a problem
    7/7/2025Listing removed$8,495$4/sqft
    Source: CLAW #25549253 Report a problem
    6/6/2025Price change$8,495-5.6%$4/sqft
    Source: CLAW #25549253 Report a problem
    4/5/2025Price change$8,995+12.5%$5/sqft
    Source: CLAW #25521439 Report a problem
    12/2/2024Listed for rent$7,995+14.3%$4/sqft
    Source: CLAW #24-468317 Report a problem
    12/2/2024Listing removed$6,995$4/sqft
    Source: CLAW #24-406807 Report a problem
    8/14/2024Price change$6,995-6.7%$4/sqft
    Source: CLAW #24-406807 Report a problem
    7/29/2024Price change$7,495-6.3%$4/sqft
    Source: CLAW #24-406807 Report a problem
    7/26/2024Price change$7,995+6.7%$4/sqft
    Source: CLAW #24-406807 Report a problem
    7/24/2024Price change$7,495-6.3%$4/sqft
    Source: CLAW #24-406807 Report a problem
    5/1/2024Listed for rent$7,995$4/sqft
    Source: CLAW #24-386505 Report a problem
    2/17/2024Listing removed--
    Source: CLAW #23-332803 Report a problem
    11/16/2023Listed for rent$7,995-11.1%$4/sqft
    Source: CLAW #23-332803 Report a problem
    11/16/2023Listing removed--
    Source: CLAW #23-297973 Report a problem
    8/5/2023Listed for rent$8,995$5/sqft
    Source: CLAW #23-297973 Report a problem
    3/1/2023Listing removed--
    Source: Zillow Rentals #22-223817 Report a problem
    2/24/2023Sold$9,000-99.2%$5/sqft
    Source: Agent Provided Report a problem
    12/11/2022Listed for rent$8,995$5/sqft
    Source: Zillow Rentals #22-223817 Report a problem
    9/23/2015Sold$1,150,000-3.8%$579/sqft
    Source: CLAW #15916519 Report a problem
    7/18/2015Pending sale$1,195,000$602/sqft
    Source: Gold Realtors #15916519 Report a problem
    6/21/2015Listed for sale$1,195,000-6.6%$602/sqft
    Source: Gold Realtors #15916519 Report a problem
    7/27/2007Sold$1,280,000+68.4%$645/sqft
    Source: Public Record Report a problem
    2/20/2004Sold$760,000$383/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,388,587 +2%
    2025$16,448 +1.5%$1,361,361 +2%
    2024$16,201 +2%$1,334,669 +2%
    2023$15,887 +4.7%$1,308,500 +2%
    2022$15,169 +1.3%$1,282,844 +2%
    2021$14,979 -0.6%$1,257,691 +1%
    2020$15,065 $1,244,796 +2%
    2019$15,065 +4.4%$1,220,389 +0.1%
    2018$14,434 -1.8%$1,218,828 +3.9%
    2017$14,702 +3.5%$1,173,000 +2%
    2016$14,202 +2.5%$1,150,000 +28.3%
    2015$13,849 +26%$896,000
    2014$10,987 $896,000 +28%
    2012-- $700,000 -29.9%
    2011-- $998,900
    2010-- $998,900
    2009-- $998,900 -22%
    2008-- $1,280,000 +58.7%
    2007-- $806,518 +2%
    2006-- $790,704
    2005-- $790,704 +81.6%
    2004-- $435,310 +1.9%
    2003-- $427,333 +2%
    2002-- $418,955 +15.4%
    2000-- $363,000
    Find assessor info on the county website

    Neighborhood: Hollywood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,295,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,295,700