11 days on rocket

1240 Franklin St Unit 3, Santa Monica, CA, 90404

$1,099,900

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,264 SqFt
$870/SqFt
Condo

Location

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1240 Franklin St Unit 3, Santa Monica$1,099,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage1 space
Year Built1965
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceFamily Room
MLS #FR24226879
Lot Size0.19 Acres
StatusActive

About 1240 Franklin St Unit 3

Welcome to this beautifully remodeled home, ideally situated on a quiet tree-lined street in the heart of Santa Monica. This charming residence offers a warm, inviting living room with a cozy fireplace, an elegant formal dining area, and a versatile alcove perfect for a home office or relaxation. Designed for modern living, the home features ample storage, in-unit W/D, and smart home-enabled features, all within a thoughtfully crafted layout. Enjoy hardwood floors, Plantation shutters, and French doors that open to a private, enclosed balcony—perfect for morning coffee or evening relaxation. The kitchen and bathrooms have been recently renovated with top-of-the-line finishes. Located in a small, intimate complex with low HOA fees, this home includes a secure one-car garage with gated access. Just a short walk to Wilshire Blvd, with easy access to local markets, dining, and shops, this property offers both convenience and peaceful living.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 1
  • Living Area: 1,264 SqFt

Listing Office:

  • Office Name: Dombroski Realty
  • Office Phone: (559) 477-4332
  • Listing Agent: Brian Dombroski

Interior Features

Interior Information:

  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: 1/2 block South of Wilshire Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,900
  • Price Per SqFt: $870/SqFt

HOA Fees:

  • Amount: $260
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Santa Monica, CA.

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Santa Monica, CA

City

Med. Sold Price

$1.8M

Med. Price/SqFt

$1,106

Avg. Days On Market

41

# of Sold Homes

62

1240 Franklin St Unit 3 vs Santa Monica

11 DAYS ON ROCKET

-30 Days

$1,099,900

-$740.1K Less

$870/SqFt

-$236 Less

KEY TAKEAWAY

This property is $740.1K less than the Median Sold Price and $236/SqFt less than other homes in Santa Monica, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #FR24226879

Listing Office:

  • Office Name: Dombroski Realty
  • Office Phone: (559) 477-4332
  • Listing Agent: Brian Dombroski

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,817

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-465803
6
/10

  • Brockton Avenue Elementary

  • 1309 Armacost Ave

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-465804
7
/10

  • McKinley Elementary School

  • 2401 Santa Monica Blvd

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-465805
6
/10

  • Brentwood Science Magnet

  • 740 S Gretna Green Way

  • 0.80 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,542. Most Santa Monica, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 Franklin St Unit 3

What is the listing price of this property?

The listing price of 1240 Franklin St Unit 3 property is $1,099,900.

What type of property is this?

The property 1240 Franklin St Unit 3 is a condo located in Santa Monica, California, 90404.

Is this property for sale now?

Active Listing: 1240 Franklin St Unit 3 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1240 Franklin St Unit 3 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1240 Franklin St Unit 3 is 1,264 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1240 Franklin St Unit 3 is 1965.

Rocket Homes›California›Los Angeles County›Santa Monica›90404›1240 Franklin St Unit 3

This home is located at 1240 Franklin St Unit 3 in Santa Monica, CA and zip code 90404 in the Mid-City neighborhood. This 1,264 square foot home, which was built in 1965, sits on a 0.19 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 04, 2024 and is currently priced at $1,099,900.

In October 2024 more than 22 listings in Santa Monica, CA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 33 were sold below. The number of listings in Santa Monica, CA increased by 14% between September 2024 and October 2024. In October 2024 median list price was $1,840,000 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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