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1430 Franklin St Unit A, Santa Monica, CA, 90404

$2,450,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
5 Baths
3,486 SqFt
$703/SqFt
House

Location

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1430 Franklin St Unit A, Santa Monica$2,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Attached GarageYes
Year Built1944
HeatingWall Furnace
MLS #24462495
Lot Size0.18 Acres
StatusActive

About 1430 Franklin St Unit A

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

Property Details

Property Features

Property Information:

  • Year Built: 1944
  • Stories: 0
  • Living Area: 3,486 SqFt

Listing Office:

  • Office Name: Andrew C. Lee
  • Office Phone: (213) 625-1629
  • Listing Agent: Kimiyasu Murayoshi

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: Located along Franklin Street between Santa Monica Blvd and Broadway

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,450,000
  • Price Per SqFt: $703/SqFt
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Housing Market Comparison

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

Med. Sold Price

$1.8M

Med. Price/SqFt

$1,106

Avg. Days On Market

41

# of Sold Homes

62

1430 Franklin St Unit A vs Santa Monica

3 DAYS ON ROCKET

-38 Days

$2,450,000

+$610K More

$703/SqFt

-$403 Less

KEY TAKEAWAY

This property is $610K more than the Median Sold Price and $403/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: #24462495

Listing Office:

  • Office Name: Andrew C. Lee
  • Office Phone: (213) 625-1629
  • Listing Agent: Kimiyasu Murayoshi

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

$12.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,412

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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-380804
6
/10
  • Brockton Avenue Elementary

  • 1309 Armacost Ave

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-380805
7
/10
  • McKinley Elementary School

  • 2401 Santa Monica Blvd

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-380806
8
/10
  • Edison Language Academy

  • 2402 Virginia Ave

  • 0.90 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,472. The most common annual income of people living in Santa Monica, CA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1430 Franklin St Unit A

What is the listing price of this property?

The listing price of 1430 Franklin St Unit A property is $2,450,000.

What type of property is this?

The property 1430 Franklin St Unit A is a house located in Santa Monica, California, 90404.

Is this property for sale now?

Active Listing: 1430 Franklin St Unit A is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1430 Franklin St Unit A has 8 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1430 Franklin St Unit A is 3,486 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1430 Franklin St Unit A is 1944.

Rocket HomesCaliforniaLos Angeles CountySanta Monica904041430 Franklin St Unit A

This home is located at 1430 Franklin St Unit A in Santa Monica, CA and zip code 90404 in the Sierra Vista neighborhood. This 3,486 square foot home, which was built in 1944, sits on a 0.18 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $2,450,000.

Over 22 listings were sold over their listed price in October 2024 in Santa Monica, CA. In the same period over 33 listings were sold below the listed price and 7 listings were sold for the listed price. In October 2024 in Santa Monica, CA there were 14% more homes for sale than in September 2024. Listings spent 41 days on the market in October 2024, and had a median list price of $1,840,000 during the same period.

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

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