Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

7250 Franklin 1106

Los Angeles, CA, 90046

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$340,000

MLS: SR26035351

Beds

0

Baths

1

Sq Ft

449

Lot

1.23 ac

Year Built

1964

MLS #

SR26035351

Days on Market

28

Listed

Feb 17, 2026

Description

Imagine waking up every morning in a sleek, modern condo nestled in the heart of prime Hollywood. Just a short stroll from the breathtaking vistas of Runyon Canyon and the iconic pulse of Hollywood Boulevard, this 449-square-foot space is a perfect sanctuary. With every detail crafted for comfort and style, $350,000 buys not just a home, but a daily escape in one of the most dynamic corners of Los Angeles. Picture yourself on the 11th floor of this stunning Hollywood condo, where every evening unveils a breathtaking panorama of the city lights. This Hollywood gem offers not just elegance, but an entire lifestyle—complete with a sparkling pool, a state-of-the-art gym, jacuzzi, sauna, serene yoga room, a relaxing vibrant club space, and 24/7 valet parking ensure your every need is met. A wide, beautiful window invites you to gaze out over Hollywood, where every night transforms into a dazzling display—an enchanting, luxurious escape.

Location

Los Angeles, Los Angeles County, CA 90046

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Listed by: Mauricio Panozo · Century 21 Masters

Payment estimate

$2,662

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $34,000 · Loan: $306,000

%
Principal & Interest
$1,880
Property tax (1.25%)
$354
Homeowners insurance
$300
Mortgage insurance
$128
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $11,900 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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