7250 Franklin Avenue 1204
Los Angeles, CA, 90046
$999,999
Original list price: $1,050,000
MLS: 26844561
Beds
2
Baths
2
Sq Ft
1,507
Lot
1.23 ac
Year Built
1964
MLS #
26844561
Days on Market
9
Listed
Jun 8, 2026
Description
Location, Location, Location! Discover this newly renovated, sleek, modern and sophisticated penthouse situated in the heart of Hollywood. This fully updated residence welcomes you with grand double-door entry, an expansive open floor plan, designer finishes, and brand-new upgrades throughout all framed by captivating city views. The gourmet kitchen features premium Samsung appliances, elegant Caesarstone countertops, and a stylish wet bar perfect for entertaining. High-end details continue with square Duravit toilets, a soaking tub in the secondary bathroom, and rainfall shower heads in both bathrooms. The spacious primary suite includes a custom-organized walk-in closet, built-in pendant lighting, a versatile nook, and a stunning spa-like bathroom showcasing imported Japanese black tile and an open-concept double shower with dual rainfall heads. Additional highlights include a new HVAC system, Nest thermostat, smart smoke detectors, in-unit washer and dryer, and two tandem parking spaces equipped with EV charging. Franklin Towers an iconic Hollywood high-rise offers premier white-glove amenities such as 24/7 concierge and valet service, a heated lap pool and spa, steam room, sauna, rooftop gym, clubhouse, dog run, and a sprawling rooftop deck with panoramic 360 degree city and ocean views. Located just minutes from Runyon Canyon, Grauman's Chinese Theatre, and world-class dining and nightlife.
Location
Los Angeles, Los Angeles County, CA 90046
Open on Google Maps ↗Listed by: Nik Kafetzopoulos · Keller Williams Beverly Hills
Payment estimate
$8,471
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $100,000 · Loan: $899,999
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,700
- Property tax (1.25%)
- $1,042
- Homeowners insurance
- $300
- Mortgage insurance
- $375
- HOA dues
- $1,054
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $35,000 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
See Los Angeles, CA 90046 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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