new - 1 day on rocket

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

$1,095,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,264 SqFt
$866/SqFt
Condo

Location

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1240 Franklin St Unit 3, Santa Monica$1,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Carport, Controlled Entrance
Attached GarageYes
Year Built1965
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceGas, Living Room
ViewNone
MLS #24472767
Lot Size0.19 Acres
StatusActive

About 1240 Franklin St Unit 3

Welcome to a beautifully remodeled home tucked away on a serene, tree-lined street in the heart of Santa Monica. This residence exudes charm and functionality, making it a perfect oasis in one of L.A.'s most desirable neighborhoods. Step into the inviting living room, where a cozy fireplace sets the tone for warmth and comfort. Adjacent, the formal dining area offers an elegant space for hosting, while a versatile alcove provides the perfect spot for a home office or reading nook. The layout is thoughtfully crafted, seamlessly blending modern conveniences with classic details. Designed for contemporary living, this home boasts ample storage, an in-unit washer and dryer, and smart home-enabled features for ultimate convenience. Hardwood floors, Plantation shutters, and French doors lead to a private, enclosed balcony, perfect retreat for morning coffee or unwinding after a long day. The kitchen and bathrooms have been recently renovated with premium finishes, showcasing a balance of style and functionality. The home is part of a small, intimate complex with low HOA fees, ensuring a sense of community without added expense. Additional highlights include a secure one-car garage with gated access, providing peace of mind and convenience. Located just a short walk from Wilshire Blvd, this property offers easy access to local markets, trendy dining, and boutique shopping. This home is a rare combination of convenience, style, and tranquility, a true gem in Santa Monica! This impeccably updated condo is set in one of the best neighborhoods in Santa Monica, with Erewhon, Bristol Farms, Tartine, and the Brentwood Country Mart all less than ten minutes away.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (310) 829-0629
  • Listing Agent: William Hays Westbrook

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Wood
  • Interior: Crown Molding, Dry Bar, Separate/Formal Dining Room, Recessed Lighting
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached Carport, Controlled Entrance

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: $1,095,000
  • Price Per SqFt: $866/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

33

# of Sold Homes

39

1240 Franklin St Unit 3 vs Santa Monica

1 DAY ON ROCKET

-32 Days

$1,095,000

-$803.1K Less

$866/SqFt

-$240 Less

KEY TAKEAWAY

This property is $803.1K less than the Median Sold Price and $240/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: #24472767

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (310) 829-0629
  • Listing Agent: William Hays Westbrook

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: 12/19/2024, 6:20:59 AM 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

$5,793

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,349

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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-199164
6
/10

  • Brockton Avenue Elementary

  • 1309 Armacost Ave

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-199165
7
/10

  • McKinley Elementary School

  • 2401 Santa Monica Blvd

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-199166
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. Residents of Santa Monica, CA typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

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 $1,095,000.

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 December 18, 2024 and is currently priced at $1,095,000.

In November 2024 more than 12 listings in Santa Monica, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 24 were sold below. The inventory of homes for sale in Santa Monica, CA between October 2024 and November 2024 decreased by 4.4%. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $1,898,147.

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

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