Address
1423 Franklin Street Santa Monica, CA
Price
$ 3,950,000
Property Attributes
  • MLS#PW21158396
  • TypeIncome
  • CountyLOS ANGELES
  • CitySanta Monica
  • AreaSanta Monica
  • Zip90404
  • Style
  • Price$ 3,950,000
  • Bedrooms12
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage4658
  • Lot Size7,577 SqFt
Listing Provided Courtesy Of:
Steven Bogoyevac with Steven M. Bogoyevac, Broker - 562-257-1231
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

This 4 unit property is compromised of a completely remodeled and rent-ready four-bed/three-bath front house and a 2019 construction triplex with 2, two-bed/two-bath units and 1, four-bed/three-bath + den unit. The triplex units are not subject to rent control. Well-located on a tree-lined street within blocks of major employers such as Amazon Studios, St. John’s Medical Center, Red Bull’s North America HQ, Lion’s Gate, and others. The property’s location proximate to retail has earned it an impressive WalkScore of 88, and the location also offers convenient access to the 10 Freeway, Pacific Coast Highway, and the Metro Expo Line. The units are separately metered for gas and electricity and boast upgraded interiors, in-unit laundry, central HVAC, and patios/balconies. Additionally, $800,000 has been spent to provide the property with a very rare amenity for the area: subterranean parking. Six subterranean and two surface parking spaces are available.

Price History
7/20/2021 Listed $3,950,000

General Features

Co-Listing Agent State License # 01928739
Co-listing Agent David O'Keefe - BRE#01928739
Community Features Urban
Cooling Central Air
Garage Spaces 6
Garage Y/N Yes
Listing Agent Steven Bogoyevac - BRE#01332755
Listing Agent State License 01332755
Lot Size Square Feet 7577
MLS Area C14 - Santa Monica
Open Parking Spaces 2
Pool Features None
Property Type Residential Income
PropertyCondition Turnkey
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Terms Cash, Cash to New Loan
Total Units 4
Zoning SMR2*

Interior Features

Air Conditioning Y/N Yes
Common Walls No Common Walls
Laundry Features Inside

Exterior Features

Lot Features Rectangular Lot
Lot Size Acres 0.17
Lot Size Area 7577
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Total Parking 8
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90404

Price
AVG $3.22M
$3.95M
Visits
AVG 83
63
Year Built
AVG 1951
2018
Walkscore
AVG 86
95
Data Provided by Walkscore ® not using MLS data

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