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For sale
  • Price cut: $36K (7/8)
    $499,000

    7300 Franklin Ave APT 554, Los Angeles, CA 90046

    1beds
    826sqft
    : 
    $3,919/mo
    Get pre-qualified
    Residential, Condominium
    Built in 1974
    -- sqft lot
    $483,500 Zestimate®
    $604/sqft
    $637/mo HOA

    What's special

    This impeccably renovated residence offers a sophisticated blend of modern luxury and timeless design. Upon entering, you are welcomed by an abundance of natural light that fills the open-concept living and dining areas, creating a bright and inviting atmosphere. The home showcases premium finishes throughout, including upgraded windows, recessed lighting, wide-plank flooring, and custom designer touches. The spacious living room is anchored by a striking stone fireplace and flows seamlessly to a private balcony, enhancing the home's indoor-outdoor appeal. The contemporary kitchen features sleek cabinetry, quartz countertops, stainless steel appliances, and a refined aesthetic ideal for both everyday living and entertaining. Adjacent to the kitchen, the elegant dining area is highlighted by a dramatic accent wall and designer lighting fixture, creating a memorable setting for gatherings. The bathroom is a true showpiece, featuring marble-inspired surfaces, a frameless glass shower, a soaking tub, and stunning cobalt-blue herringbone tile that adds both character and sophistication. Additional highlights include a spacious walk-in closet and in-unit washer and dryer. Located in the heart of Los Angeles, this exceptional home is just moments from renowned Runyon Canyon, premier dining, entertainment, and the vibrant nightlife of Hollywood and West Hollywood. A rare opportunity to own a turnkey residence in one of the area's most desirable communities.
    53 days
    |
    243
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Pearson DRE # 01914386 310-490-4716,

    Douglas Elliman 310-595-3888

    Source: CLAW,MLS#: 26842457MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Family Room, Living Room
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: In Unit, Inside, Laundry Closet
      Features
      • Built-Ins
      • Flooring: Tile, Laminate
      • Number of fireplaces: 1
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 826
      • Total interior livable area: 826 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Gated
      • Has attached garage: Yes
      • Covered spaces: 2
      Features
      • Levels: Multi/Split
      • Pool features: Community
      • Has view: Yes
      • View description: Tree Top
      Lot
      • Size: 1.98 Acres
      Details
      • Parcel number: 5550032198
      • Zoning: LAR3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Traditional
      • Property subtype: Residential, Condominium
      • Attached to another structure: Yes
      Condition
      • Year built: 1974

      Community & HOA

      Community
      • Security: Automatic Gate, Card/Code Access, Fire Sprinkler System, Gated, Smoke Detector(s)
      • Subdivision: Casa Palermo
      HOA
      • Has HOA: Yes
      • Amenities included: Controlled Access, Elevator(s), Exercise Room, Gated Parking, Pool, Fitness Center, Spa/Hot Tub
      • HOA fee: $637 monthly
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $604/sqft
      • Tax assessed value: $634,643
      • Annual tax amount: $7,816
      • Date on market: 6/5/2026

        Estimated market value

        $483,500

        $459,000 - $508,000

        $2,644/mo

        Price history

        DateEventPrice
        7/8/2026Price change$3,500-16.7%$4/sqft
        Source: CLAW #26845349 Report a problem
        7/8/2026Price change$499,000-6.7%$604/sqft
        Source: CLAW #26842457 Report a problem
        6/9/2026Listed for rent$4,200$5/sqft
        Source: CLAW #26845349 Report a problem
        6/5/2026Listed for sale$535,000-12.3%$648/sqft
        Source: CLAW #26842457 Report a problem
        8/3/2022Sold$610,000+11.1%$738/sqft
        Source: Public Record Report a problem
        6/7/2022Pending sale$549,000$665/sqft
        Source: CLAW #22-153873 Report a problem
        5/16/2022Contingent$549,000$665/sqft
        Source: CLAW #22-153873 Report a problem
        5/8/2022Listed for sale$549,000+27.7%$665/sqft
        Source: CLAW #22-153873 Report a problem
        10/6/2021Sold$430,000+7.5%$521/sqft
        Source: Public Record Report a problem
        9/17/2021Contingent$399,995$484/sqft
        Source: CLAW #21774572 Report a problem
        9/5/2021Listed for sale$399,995$484/sqft
        Source: CLAW #21774572 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,816 +1.9%$634,643 +2%
        2024$7,667 +1.9%$622,200 +2%
        2023$7,523 +7.7%$610,000 +41.9%
        2022$6,983 +180.9%$430,000 +123.1%
        2021$2,486 +1.9%$192,740 +1%
        2020$2,441 $190,765 +2%
        2019$2,441 +4.3%$187,026 +2%
        2018$2,340 $183,360 +2%
        2017$2,340 +2.1%$179,766 +2%
        2016$2,291 +4.2%$176,242 +1.5%
        2015$2,200 +0.7%$173,596 +2%
        2014$2,184 $170,197 +2.5%
        2012-- $166,108 +2%
        2011-- $162,852 +0.8%
        2010-- $161,636 -0.2%
        2009-- $162,021 +2%
        2008-- $158,845 +2%
        2007-- $155,731 +2%
        2006-- $152,679
        2005-- $152,679 +4%
        2004-- $146,752 +1.9%
        2003-- $144,063 +2%
        2002-- $141,240 +28.4%
        2000-- $110,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Hollywood

        Getting around

        89 / 100
        Very Walkable
        58 / 100
        Good Transit
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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