NOT LISTED FOR SALE

1015 Franklin St Santa Monica, CA 90403

Northeast Neighborhood

Estimated Value: $4,996,000 - $9,395,352

3 Beds
3 Baths
2,103 Sq Ft
$3,279/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $3,500,000 $1,664 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $42,605/month

Highlights

  • Ocean View
  • Detached Guest House
  • Breakfast Room
  • Franklin Elementary School Rated A+
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of September 2016

Live on top of Franklin Hill in a 2 story, 3 bed + 3 bath plus guest house. Hardwood floors, crown moldings, spectacular vistas and huge backyard.

Last Agent to Rent the Property

Linda Lackey

Coldwell Banker Realty License #00621676 Listed on: 07/28/2016

Coldwell Banker Realty

Last Renter's Agent

Linda Lackey

Coldwell Banker Realty License #00621676 Listed on: 07/28/2016

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,441

Year Built

  • Built in 1937

Lot Details

  • 0.27 Acre Lot
  • Property is zoned SMR1*

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • City Lights
  • Mountain

Home Design

  • Villa

Interior Spaces

  • 2,103 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Room
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating
  • Sewer in Street

Additional Features

  • Open Patio
  • Detached Guest House

Listing and Financial Details

  • Security Deposit $10,000
  • Tenant pays for electricity, gas, water
  • Negotiable Lease Term
  • Assessor Parcel Number 4266-002-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,441

Year Built

Built in 1937

Lot Details

0

Rental Info

  • Security Deposit: 10000
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Villa
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: Negotiable
  • Living Area: 2103
  • Stories: 2
  • Year Built: 1937
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 3.57

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • View: City Lights, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage
  • Total Parking: 2

Utilities

  • Heating: Central
  • Sewer: In Street

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4266-002-047
  • Geocode Override: No
  • Lot Size Area: 11805

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2020
Sold by
Tar Yousuf A and Tar Hanifa Y
Bought by
1015 Franklin Street Llc
Current Estimated Value
$6,894,838

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jun 23, 2016
Sold by
Nabati Hossein
Bought by
Tar Yousuf Amod and Tar Hanifa Yousuf
Seller's Agent
Todd Mitchell
Coldwell Banker Realty
Buyer's Agent
Linda Lackey
Coldwell Banker Realty
List Price
$3,350,000
Sold Price
$3,500,000
Premium/Discount to List
$150,000
4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%

Purchase Details

Closed on
Dec 12, 2005
Sold by
Nabati Hossein A
Bought by
Nabati Hossein and Soltani Kobra N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2005
Sold by
Silhouette Inc
Bought by
Nabati Hossein A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2004
Sold by
Trop Daniel
Bought by
Silhoutte Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2002
Sold by
Soltani Kobra
Bought by
Trop Daniel

Purchase Details

Closed on
Nov 18, 1998
Sold by
Yi Haeryong
Bought by
Trop Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,750
Interest Rate
7.25%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1015 Franklin Street Llc -- None Available
Tar Yousuf A -- None Available
Tar Yousuf Amod $3,500,000 Equity Title
Nabati Hossein -- Accommodation
Nabati Hossein -- Old Republic Title
Nabati Hossein A $1,000 Old Republic Title Co O C
Silhoutte Inc -- --
Trop Daniel -- North American Title
Trop Daniel -- Commonwealth Land Title
Soltani Kobra -- --
Soltani Kobra -- --
Trop Daniel $1,160,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soltani Kobra $55,000
Previous Owner Soltani Kobra $65,000
Previous Owner Nabati Hossein A $1,470,000
Previous Owner Trop Daniel $840,000
Previous Owner Silhouette Inc $350,000
Previous Owner Trop Daniel $815,000
Previous Owner Trop Daniel $0
Previous Owner Trop Daniel $843,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Rented $6,000 -20.0% --
09/02/2016 09/02/16 Under Contract -- -- --
07/28/2016 07/28/16 For Rent $7,500 0.0% --
07/21/2016 07/21/16 Sold $3,500,000 +4.5% $1,664 / Sq Ft
06/22/2016 06/22/16 For Sale $3,350,000 0.0% $1,593 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $3,350,000 -- $1,593 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $70,441 $6,159,586 $4,062,050 $2,097,536
2024 $70,441 $6,038,810 $3,982,402 $2,056,408
2023 $69,317 $5,920,403 $3,904,316 $2,016,087
2022 $68,502 $5,804,317 $3,827,761 $1,976,556
2021 $44,390 $3,752,705 $3,002,165 $750,540
2020 $44,093 $3,714,227 $2,971,382 $742,845
2019 $43,784 $3,641,400 $2,913,120 $728,280
2018 $41,123 $3,570,000 $2,856,000 $714,000
2016 $26,260 $2,251,089 $1,991,352 $259,737
2015 $25,922 $2,217,277 $1,961,441 $255,836
2014 $25,542 $2,173,845 $1,923,020 $250,825
Source: Public Records

Agents Affiliated with this Home

  • Linda Lackey

    Landlord's Agent in 2016

    Linda Lackey

    Coldwell Banker Realty

    (310) 899-3408

    3 Total Sales

    Linda Lackey
    Section Image
  • Todd Mitchell

    Seller's Agent in 2016

    Todd Mitchell

    Coldwell Banker Realty

    (310) 720-7222

    4 in this area

    20 Total Sales

    Todd Mitchell
    Section Image
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Map

Source: The MLS

MLS Number: 16-148644

The MLS

APN: 4266-002-047

California Los Angeles County Santa Monica 90403 Northeast

1015 Franklin St, Santa Monica, CA

This home is located at 1015 Franklin St, Santa Monica, CA 90403 since 28 July 2016 and is currently priced at $6,894,838. This property was built in 1937. 1015 Franklin St is a home located in Los Angeles County with nearby schools including Franklin Elementary School, Lincoln Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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