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.
For sale
Listed by: BERKSHIRE HATH HM SVCS CA PROP • Jonathan Chi • Contact: 909-980-3100
$330,000
7250 Franklin Ave Unit 506, Los Angeles, CA 90046
0beds
492sqft
Condominium
Built in 1964
-- sqft lot
$320,700 Zestimate®
$671/sqft
$994/mo HOA
What's special
Oversized windowsAbundant natural lightPremium miele appliancesEuropean-style cabinetrySpacious walk-in closetRich wood flooringThoughtfully designed kitchen
- 254 days |
- 319 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Jonathan Chi DRE #01852773 909-980-3100,
BERKSHIRE HATH HM SVCS CA PROP
Source: CRMLS,MLS#: CV26121555
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Other
Bathroom
- Features: Bathroom Exhaust Fan, Stone Counters, Separate Shower, Upgraded
Kitchen
- Features: Built-in Trash/Recycling, Kitchen/Family Room Combo, Stone Counters, Remodeled, Updated Kitchen
Other
- Features: Walk-In Closet(s)
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Refrigerator
- Laundry: Common Area
Features
- Stone Counters, Walk-In Closet(s)
- Flooring: Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 492 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Electric Vehicle Charging Station(s), Garage, Valet
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: Community, Association
- Has spa: Yes
- Spa features: Community
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 1.23 Acres
Details
- Parcel number: 5548025066
- Zoning: LAR3
- 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: Unknown
- Water: Other
Community & HOA
Community
- Features: Sidewalks, Pool
- Security: Fire Detection System, 24 Hour Security, Smoke Detector(s)
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Dog Park, Fitness Center, Maintenance Grounds, Pool, Recreation Room, Sauna, Spa/Hot Tub, Security, Trash, Water
- HOA fee: $994 monthly
- HOA name: Franklin Towers
- HOA phone: 818-907-6622
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $671/sqft
- Tax assessed value: $529,085
- Date on market: 6/4/2026
- Cumulative days on market: 254 days
- Listing terms: Conventional
Estimated market value
$320,700
$305,000 - $337,000
$2,149/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2026 | Listed for rent | $2,200-8.3%$4/sqft |
Source: CRMLS #CV26162984 Report a problem | ||
| 5/21/2026 | Price change | $330,000-2.9%$671/sqft |
Source:  Berkshire Hathaway HomeServices CA Properties #CV25268521 Report a problem | ||
| 3/12/2026 | Price change | $340,000-10.5%$691/sqft |
Source: BHHS broker feed #CV25268521 Report a problem | ||
| 12/7/2025 | Listed for sale | $380,000-5%$772/sqft |
Source: Berkshire Hathaway HomeServices CA Properties #CV25268521 Report a problem | ||
| 12/3/2024 | Listing removed | $400,000$813/sqft |
Source: Berkshire Hathaway HomeServices CA Properties #CV24145593 Report a problem | ||
| 12/1/2024 | Listed for sale | $400,000$813/sqft |
Source: Berkshire Hathaway HomeServices CA Properties #CV24145593 Report a problem | ||
| 11/12/2024 | Listing removed | $400,000$813/sqft |
Source: BHHS broker feed #CV24145593 Report a problem | ||
| 11/7/2024 | Listing removed | $2,400$5/sqft |
Source: CRMLS #CV24161826 Report a problem | ||
| 10/14/2024 | Price change | $2,400-4%$5/sqft |
Source: CRMLS #CV24161826 Report a problem | ||
| 10/3/2024 | Price change | $2,500-7.4%$5/sqft |
Source: CRMLS #CV24161826 Report a problem | ||
| 9/19/2024 | Price change | $400,000-12.1%$813/sqft |
Source: Berkshire Hathaway HomeServices CA Properties #CV24145593 Report a problem | ||
| 9/5/2024 | Price change | $455,000-5.2%$925/sqft |
Source: Berkshire Hathaway HomeServices CA Properties #CV24145593 Report a problem | ||
| 8/28/2024 | Price change | $2,700-1.8%$5/sqft |
Source: CRMLS #CV24161826 Report a problem | ||
| 8/8/2024 | Listed for rent | $2,750$6/sqft |
Source: CRMLS #CV24161826 Report a problem | ||
| 7/18/2024 | Listed for sale | $480,000+3.2%$976/sqft |
Source: BHHS broker feed #CV24145593 Report a problem | ||
| 11/26/2018 | Sold | $465,000-1.4%$945/sqft |
Source:  CRMLS #OC17095513 Report a problem | ||
| 10/23/2018 | Pending sale | $471,750$959/sqft |
Source: Laguna Premier Realty Inc. #OC17095513 Report a problem | ||
| 4/28/2018 | Price change | $471,750+6%$959/sqft |
Source: Laguna Premier Realty Inc. #OC17095513 Report a problem | ||
| 12/29/2017 | Price change | $445,000-1.1%$904/sqft |
Source: Laguna Premier Realty Inc. #OC17095513 Report a problem | ||
| 11/16/2017 | Price change | $450,000+4.7%$915/sqft |
Source: Laguna Premier Realty Inc. #OC17095513 Report a problem | ||
| 5/3/2017 | Price change | $430,000+3.6%$874/sqft |
Source: Laguna Premier Realty Inc. #OC17095513 Report a problem | ||
| 11/18/2016 | Price change | $415,000-3.3%$843/sqft |
Source: Laguna Premier Realty Inc. #OC16731004 Report a problem | ||
| 10/28/2016 | Listed for sale | $429,000+32%$872/sqft |
Source: Laguna Premier Realty Inc. #OC16731004 Report a problem | ||
| 7/3/2015 | Sold | $325,000-1.2%$661/sqft |
Source:  CLAW #15891589 Report a problem | ||
| 6/6/2015 | Pending sale | $329,000+11.5%$669/sqft |
Source: Gold Realtors #15891589 Report a problem | ||
| 6/30/2006 | Sold | $295,000+264.2%$600/sqft |
Source: Public Record Report a problem | ||
| 8/4/2000 | Sold | $81,000+35%$165/sqft |
Source: Public Record Report a problem | ||
| 8/4/1997 | Sold | $60,000$122/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $529,085 +2% |
| 2025 | $6,399 +2.1% | $518,711 +2% |
| 2024 | $6,269 +1.9% | $508,542 +2% |
| 2023 | $6,152 +4.4% | $498,571 +2% |
| 2022 | $5,893 +1.2% | $488,796 +2% |
| 2021 | $5,821 +0.2% | $479,213 +1% |
| 2020 | $5,813 | $474,300 +2% |
| 2019 | $5,813 +39.6% | $465,000 +37.5% |
| 2018 | $4,164 | $338,129 +2% |
| 2017 | $4,164 +2.2% | $331,500 +2% |
| 2016 | $4,075 +3.1% | $325,000 +5.2% |
| 2015 | $3,951 +31.1% | $309,000 +28.7% |
| 2014 | $3,013 | $240,000 +57.9% |
| 2012 | -- | $152,000 -42.2% |
| 2011 | -- | $263,000 |
| 2010 | -- | $263,000 -16% |
| 2009 | -- | $313,054 +2% |
| 2008 | -- | $306,917 +2% |
| 2007 | -- | $300,900 +236.9% |
| 2006 | -- | $89,310 |
| 2005 | -- | $89,310 +4% |
| 2004 | -- | $85,844 +1.9% |
| 2003 | -- | $84,271 +2% |
| 2002 | -- | $82,620 +32.5% |
| 2000 | -- | $62,333 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Hollywood
Nearby schools
GreatSchools rating
- 8/10Gardner Street Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Hubert Howe Bancroft Middle SchoolGrades: 6-8Distance: 1.2 mi
- 8/10Hollywood Senior High SchoolGrades: 9-12Distance: 0.5 mi
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