Los Angeles County  »  90028  »  Franklin Ave  »  7070 Franklin Ave

7070 Franklin Avenue, Los Angeles, CA 90028 - Property report

Also known as: 7070 Franklin Ave

Property image for 7070 Franklin Avenue, Los Angeles, CA 90028
static Mapbox map

Property type

Five or More Apartments or Units - 4 Stories or Less with Pool (0501)

Year built

1958

Acreage

0.595

Sale price

$16,700,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
7070 Franklin Ave
Los Angeles, CA 90028
Zip code
90028
Neighborhood
Hollywood
County
Los Angeles
Municipality
Los Angeles

Owner

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Building
Property type
Five or More Apartments or Units - 4 Stories or Less with Pool
Building sq. ft.
35,378
Buildings on lot
1
Stories
4 or less
Year built
1958
Last altered
1971
Sales
Sale date
03/30/2021
Sale price
$16,700,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$223,498
Zoning & use
Zoning
Qualified opportunity zone
Units
62
Lot
Acreage
0.595

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
62 /100.  Good Transit
Bike score
38 /100.  Somewhat Bikeable
School district
Los Angeles Unified School District
Weed hazard
No

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership information for 7070 Franklin Avenue, Los Angeles, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 7070 Franklin Avenue, Los Angeles, CA 90028

Sale date Sale price Buyer name Seller name
03/30/2021 $16,700,000 XXXXXXXXX XXXXXXXX XXXXXXXX XXX XXXXXXXX XXXXX X

*Most recent sale on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
08/20/2024 Reconveyance XXXX XXXX XXXXXXXXXXX XXX XXXXXXXXX XXXXXXXX XXX
07/22/2024 Assignment of Rents XXXXXXXXX XXXXXXXX XXXXXXXX XXX XXXX XXXX XXXX
07/22/2024 Assignment of Rents
Financing Statement
Trust Deed
XXXXXXXXX XXXXXXXX XXXXXXXX XXX XXXX XXXX XXXX
07/22/2024 Assignment of Rents XXXXXXXXX XXXXXXXX XXXXXXXX XXX XXXX XXXX XXXX
07/22/2024 Assignment of Rents
Financing Statement
Trust Deed
XXXXXXXXX XXXXXXXX XXXXXXXX XXX XXXX XXXX XXXX
03/30/2021 Deed
(Sale for consideration - full DTT - Single parcel sale)
XXXXXXXX XXXXX X XXXXXXXXX XXXXXXXX XXXXXXXX XXX
08/25/2014 Court Action
(File correction - Single parcel sale)
XXXX XX XXX XXXXXXXX XXXXX X
02/04/2013 Quitclaim Deed XXXX XX XXX XXXXXXX XXXX XXXXXXXX XXXXXX XXX XXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 7070 Franklin Avenue, Los Angeles, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$223,498
Current property tax
$229,177
Recent tax assessments
Market value
$18,822,507
Land value
$15,045,527
Building value
$3,761,380

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $18,453,745 1.1874 $219,120 +0.95%
2024-2025 $18,092,214 1.1997 $217,052 +2.02%
2023-2024 $17,737,772 1.1994 $212,747 +4.96%
2022-2023 $17,390,280 1.1655 $202,684 +695.77%
2021-2022 $2,167,277 1.1752 $25,470 -1.07%
2020-2021 $2,145,215 1.200129 $25,745 +6.30%
2019-2020 $2,062,521 1.174279 $24,220 +0.13%
2018-2019 $2,022,386 1.196 $24,189 +2.24%
2017-2018 $1,983,038 1.193 $23,658 +2.08%
2016-2017 $1,944,462 1.1918 $23,175 +1.50%

Special assessments & penalties for 7070 Franklin Avenue, Los Angeles, CA

Code Description Tax levied
00194 Health License Fees
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1
18869 Los Angeles-Stormwater Pollution Abatement
06853 Mountains Recreation & Conservation Auth Cfd #1
00177 Safe Clean Water Program Funding Measure W
06111 West Vector Mosquito

Permit information for 7070 Franklin Avenue, Los Angeles, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
08/24/2023
08/23/2023
07/15/2023
04/25/2023
12/16/2022

*Most recent permits on record for this property.

More about Los Angeles County property records

Los Angeles residential market stats

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles.

Median sale price

$995,000

-3.7% Y-o-Y

Median price/sq. ft.

$650

-3.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Los Angeles and see how their prices compare.

Demographics by ZIP code

Total population
32,883
Median age
35.6
Average household income
$84,157
Family households
25.2%
People per household (average)
1.65
Occupied housing units
18,807
Owner-occupied units
3.4%
Median year structure built
1967
Median value mortgaged units
$1,179,200
Median value unmortgaged units
$647,900

Risk

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FEMA flood zones

FEMA flood zones
0.2, X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Seismic gas shut-off valve installed
Crime incidents map

Transportation

Daily traffic map

Access the detailed traffic volume map for 7070 Franklin Avenue, Los Angeles, CA 90028 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 7070 Franklin Avenue, Los Angeles, CA 90028?

The development at 7070 Franklin Avenue, Los Angeles, CA 90028 was built in 1958.

What is the total square footage of 7070 Franklin Avenue, Los Angeles, CA 90028?

7070 Franklin Avenue, Los Angeles, CA 90028 has a total of 35,378 square feet.

When was 7070 Franklin Avenue, Los Angeles, CA 90028 last sold and what was the sale price?

7070 Franklin Avenue, Los Angeles, CA 90028 was last sold on 03/30/2021 for $16,700,000.

What is the assessed value of 7070 Franklin Avenue, Los Angeles, CA 90028?

7070 Franklin Avenue, Los Angeles, CA 90028 is currently assessed at $18,822,507.

What are the property taxes for 7070 Franklin Avenue, Los Angeles, CA 90028?

The property taxes for 7070 Franklin Avenue, Los Angeles, CA 90028 total $223,498.

How many residential units does this building have?

This building has 62 residential unit(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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