7250 Franklin Avenue 506
Los Angeles, CA, 90046
$340,000
MLS: CV25268521
Beds
0
Baths
1
Sq Ft
492
Lot
1.23 ac
Year Built
1964
MLS #
CV25268521
Days on Market
95
Listed
Dec 6, 2025
Description
Discover a luxurious urban lifestyle in this stunning studio unit located on the 5th floor of the prestigious Franklin Towers, right in the heart of Hollywood. This corner unit offers privacy with no direct connecting neighbors and features modern upgrades that exude sophistication. Step inside to find rich wood flooring throughout the main living space, beautifully complemented by oversized windows that flood the unit with natural light. The kitchen is a chef's dream, equipped with European style cabinetry, top-of-the-line Miele appliances, an Asko dishwasher, and a built-in Sub Zero refrigerator. The stainless steel appliances add both style and functionality. The spacious walk-in closet provides ample storage with shelves and double rack hanging space, ensuring everything has its place. The spa-like bathroom is designed for relaxation, featuring a walk-in shower with a rainfall showerhead. Residents of Franklin Towers enjoy unparalleled amenities including 24-hour front desk service, valet parking, a rooftop gym, and a rooftop deck with breathtaking city views. Additional perks include a pool, club/lounge room, yoga studio, steam room, and sauna. Community laundry facilities are conveniently close to the unit. Embrace the vibrant Hollywood lifestyle with this exceptional studio unit that combines modern luxury with convenience and comfort. Don’t miss your chance to live in one of Los Angeles’s most sought-after addresses.
Location
Los Angeles, Los Angeles County, CA 90046
Open on Google Maps ↗Listed by: Jonathan Chi · BERKSHIRE HATH HM SVCS CA PROP
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
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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