1430 Franklin Street Santa Monica, CA $ 2,450,000
1430 Franklin Street
$ 2,450,000
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1430 Franklin Street

Santa Monica, CA, 90404
$ 2,450,000
Baths0.0 Sq 3,486

Monthly Estimate*

$ 15,285

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Studio

Multi-Family Home for sale in Santa Monica, CA

for $2,450,000. This 3,486 square foot home was built in 1944 on a lot size of 0.18.

The property located in a heart of Santa Monica, close to many shops, restaurants and entertainment establishments, and Santa Monica Beach. Stable occupancy and income stream with substantial up side potential (approximately 32% below the market rent). 1) High Demand Rental Area with Quiet Neighborhood, 2) On-Site Laundry Room for additional income, and 3) Two units have updated with new kitchen and bathrooms

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Multi-Family Active

Price

$ 2,450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.18

Year Built

1944

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0024462495

Features
General
Heating Wall Furnace
Zoning SMR2*
Year Built 1944
Levels One
County Los Angeles
Net Operating Income 103278.0
New Construction No
Property Type C
HOA No
Status Active
City Santa Monica
Senior Community Y/N No
MLS Area C14 - Santa Monica
Lot Size Units Square Feet
Lot Size Square Feet 7805.0
Standard Status Active
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Interior
Kitchen Appliances Disposal Dishwasher Refrigerator Microwave
Heating Y/N Yes
Total Baths 0
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Exterior
Parking Features Gated
Lot Size Area 7805.0
Building Area Total 3486.0
Lot Dimensions 48x162
Lot Size Acres 0.18
Land Lease Type Fee
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* Excluded Features
List By
Kimiyasu Murayoshi

Listing Agent

Andrew C. Lee

Broker

Affordability Calculator

$15,285
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,285
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/12/2024$2,450,000 Listed Price

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1430 Franklin Street, Santa Monica, CA, 90404 is a Multi-Family Home for sale at $2,450,000 with 3,486 sqft and a lot size of 0.18. 1430 Franklin Street is a studio with 0.0 baths and was built in 1944. The property's zip code is 90404 which is in Santa Monica, CA