Condo / High-rise home in 7300 Franklin #355 Los Angeles, CA
This Condo condo in Los Angeles, CA offers 2 bedrooms and 2 bathrooms across 1,203 square feet. Its Condo character defines the property's look.
| Price | $645,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 1203 |
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| Architectural style | Condo / High-rise (45% match) |
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| Address | 7300 Franklin #355 Los Angeles, CA 90046 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced below comparable homes.
- At $645K, this home is 32% below the $950K median for 4267 similar Condo / High-rise homes in Los Angeles, CA.
- That works out to $536 per square foot, 20% below the $670 comparable rate.
- New to market (5 days), so expect competition.
| This home | $645,000 |
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| Condo / High-rise median in Los Angeles, CA | $950,000 (4267 homes) |
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| Price per sq ft | $536 vs. $670 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $4,417/month with 20% down at a 7.28% 30-year fixed rate. You would need about $189,318 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,531/mo |
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| Property tax (new-buyer reassessed rate) | $645/mo |
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| Homeowners insurance | $242/mo |
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| Total monthly | $4,417/mo |
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| Down payment (20%) | $129,000 |
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| Income needed | $189,318/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (61 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (61/100) |
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| Beats renting in | 10% of modeled paths |
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| Modeled 5-yr equity (median) | $301,536 |
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| Range (10th to 90th pct) | $177,723 to $450,453 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Los Angeles, CA where local data is thin.
Local home values
Typical home values in Los Angeles, CA have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
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