7250 Franklin Avenue 616
Los Angeles, CA, 90046
$799,500
MLS: 26660391
Beds
2
Baths
2
Sq Ft
1,212
Lot
1.23 ac
Year Built
1964
MLS #
26660391
Days on Market
36
Listed
Mar 5, 2026
Description
THE FINEST REMODELED VIEW UNIT AT FRANKLIN TOWERS FOR AN INCREDIBLE LOW PRICE! If you are a buyer, you need to check the sales of units with just under 150 square feet more than this unit like 817 that sold for over $1.2m and leased for $7,700 and unit 517 that sold recently for $930,000. Primary Residence or Income 1031 property! One of Franklin Towers' most coveted City Views corner units, now available for discerning buyers. This exquisite home has been meticulously remodeled to offer an unparalleled living experience, complete with an open floor plan and breathtaking 180-degree vistas of LA City to the Ocean, Hollywood, and Century City, all visible from a stunning wrap-around balcony. Step inside to find a sanctuary of elegance and modern comfort. The primary suite features a massive, spa-like rain shower that promises a rejuvenating retreat, while the living room and primary bedroom both boast elegant stack stone electric fireplaces, adding warmth and ambiance. The custom-designed GE Caf kitchen is a chef's dream, complete with state-of-the-art appliances and bespoke cabinetry. Hardwood floors grace the living, dining, and guest bedroom areas, exuding warmth and style. New Fleetwood sliding doors and windows ensure seamless indoor-outdoor living and abundant natural light. The guest bedroom doubles as a versatile office or den, equipped with a built-in Murphy bed for convenience and flexibility. Entertain with ease at the built-in wet bar, complete with an accessories closet, perfect for all your hosting needs. Franklin Towers offers an array of top-notch amenities, including two parking spaces conveniently located across from the elevator, a heated pool, spa, sundeck, and an exquisite rooftop fitness room with a sundeck. Enjoy the added luxury of valet service and 24-hour door personnel, ensuring a lifestyle of comfort and security. This is a rare opportunity to own a truly stunning residence in one of LA's most desirable locations. Experience the ultimate in luxury living schedule your private showing today!
Location
Los Angeles, Los Angeles County, CA 90046
Open on Google Maps ↗Listed by: Jeffrey Hobgood · Sotheby's International Realty
Payment estimate
$5,854
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $79,950 · Loan: $719,550
- Principal & Interest
- $4,421
- Property tax (1.25%)
- $833
- Homeowners insurance
- $300
- Mortgage insurance
- $300
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 $27,983 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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