7250 Franklin Avenue 506

Los Angeles, CA 90046

$275,000

1 baths
492 sq ft
1.23 acres
Built 1964

Listed by BERKSHIRE HATH HM SVCS CA PROP · MLS #CV26121555

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7250 Franklin Avenue 506, Los Angeles, CA 90046 · MLS #CV26121555

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Franklin Towers is renowned for its resort-style amenities, including 24-hour front desk service, valet parking, rooftop fitness center, panoramic rooftop deck, pool, lounge, yoga studio, steam room, and sauna.

Year built

Built in 1964.

Garage parking

1 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

This beautifully upgraded corner studio at the iconic Franklin Towers presents a rare opportunity to own in one of Hollywood’s most recognizable full-service luxury buildings. Positioned on the 5th floor with no direct connecting neighbors, Unit 506 offers a peaceful retreat above the energy of the city, blending privacy, sophistication, and convenience in an unbeatable location.

Inside, rich wood flooring, oversized windows, and abundant natural light create a warm and inviting atmosphere. The thoughtfully designed kitchen features European-style cabinetry, premium Miele appliances, an Asko dishwasher, and a built-in Sub-Zero refrigerator, delivering both elegance and functionality. A spacious walk-in closet provides exceptional storage, while the spa-inspired bathroom with a rainfall shower offers a relaxing escape at the end of the day.

Franklin Towers is renowned for its resort-style amenities, including 24-hour front desk service, valet parking, rooftop fitness center, panoramic rooftop deck, pool, lounge, yoga studio, steam room, and sauna. Whether you're seeking a stylish primary residence, a Hollywood pied-à-terre, or a low-maintenance lifestyle in the heart of Los Angeles, this residence delivers.

Just moments from world-class dining, entertainment, nightlife, and major studios, this home places you at the center of everything that makes Hollywood exciting. This is an exceptional opportunity to secure a luxury address at an attractive value. Don't miss your chance to experience the best of Hollywood living at Franklin Towers.

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THE NEIGHBORHOOD

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7250 Franklin Avenue 506, Los Angeles, CA 90046

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 1964
Full baths: 1
Garage spaces: 1
Cooling: CentralAir,Electric
Heating: Central,Electric
Appliances: Dishwasher,ElectricCooktop,ElectricOven,Disposal,Refrigerator
Flooring: Wood
Pool: No
Pool features: Community,Association
Spa: Yes
Zoning: LAR3
Parcel: 5548025066
HOA: Franklin Towers
HOA amenities: Clubhouse,DogPark,FitnessCenter,MaintenanceGrounds,Pool,RecreationRoom,Sauna,SpaHotTub,Security,Trash,Water
HOA fee frequency: Monthly
HOA fee: $993.96

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—

Estimated monthly rent$1,145.83

Cap rate—

Annual operating income: —

HOA: Includes $993.96 per month in HOA dues, converted from the $993.96 monthly fee reported by the listing source.

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Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

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Listing information

MLS #CV26121555 · California Regional MLS

Listing brokerage: BERKSHIRE HATH HM SVCS CA PROP
Listing agent: Jonathan Chi

Listing status: Active. Record updated September 11, 2026. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.