NOT LISTED FOR SALE

1336 Franklin St Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood

Estimated Value: $2,982,000 - $3,015,878

10 Beds
6 Baths
5,132 Sq Ft
$584/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $2,106,000 $410 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $18,534/month

19 Days on Market

About This Home

As of August 2019

Residential Neighborhood, Excellent Location, Close to Amenities and Public Transportation. Unit #4, which has been renovated and updated will be vacant on July 1. Two well-maintained structures on the property. Front Building has 4 units, each 2 bedrooms and 1 bath. Units on first floor have a patio and 2nd floor units have balconies. Spacious courtyard between buildings with lush landscaping. Back Building has 2 units, each 1 bedroom and 1 bath with a semi-private balcony. Both units are on 2nd floor. Below these units are a laundry room, that generates income, and 3 one-car garages. Landlord pays SM Water and Trash; So Cal Electric and So. Gas for building exterior & the 2 rear units (shown as other expense of $6,279 under Expense Detail.

Last Agent to Sell the Property

Marion Napier

Coldwell Banker Realty License #00413050 Listed on: 05/31/2019

Coldwell Banker Realty

Co-Listed By

Carolyn Taff

Coldwell Banker Realty License #01074069

Coldwell Banker Realty

Last Buyer's Agent

Carolyn Taff

Coldwell Banker Realty License #01074069

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,842

Year Built

  • 1939

Lot Details

  • 7,841

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas

Community Details

Overview

Building Details

  • 4 Separate Electric Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,842

Year Built

1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1939
  • Alley: Yes
  • Price Per Sq Ft: 350.74
  • Unit Type: 1, 2, 3, 4, 5, 6
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment: Range/Oven, Refrigerator
  • Number Range: 6
  • Number Refrigerator: 6
  • Fireplace Rooms: Free Standing
  • Bedrooms: 10
  • Total Bathrooms: 6.00
  • Laundry: Community
  • Laundry Equipment: Own
  • Living Area: 5132

Exterior Features

  • Stories: 2
  • Construction: Frame and Stucco
  • Number Patio: 4
  • Paved: Yes

Garage/Parking

  • Garage Details: Carport Attached
  • Carport Spaces: 4
  • Garage Spaces: 3
  • Total Parking: 7
  • Covered Parking: 7
  • Garage Structures: 1

Utilities

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Water Heater: Central Water Heater
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Sewer: In Street

Condo/Co-op/Association

  • Amenities: Extra Storage

Fee Information

  • Insurance Expense: 5189.00
  • Maintenance Expense: 800.00
  • Other Expense: 6279.00

Lot Info

  • Zoning: SMR2*
  • Assessor Parcel Number: 4267-013-011
  • Lot Size Area: 7889

Rental Info

  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Rent Multiplier: 19.15
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 24191
  • Type Of Units: Apartments

Tax Info

  • Tax Expense: 10073.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2019
Closed on
Jul 2, 2019
Sold by
Lum Dianne L
Bought by
21 Franklin Llc and Hygge Mig Llc
Seller's Agent
Marion Napier
Coldwell Banker Realty
Buyer's Agent
Carolyn Taff
Coldwell Banker Realty
List Price
$1,800,000
Sold Price
$2,106,000
Premium/Discount to List
$306,000
17%
Current Estimated Value
$2,998,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$892,939
Avg. Annual Appreciation
5.94%
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
21 Franklin Llc $2,106,000 Equity Title Los Angeles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 21 Franklin Llc $1,050,000
Previous Owner Lum Dianne L $500,000
Previous Owner Lum Md Dianne L $258,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2019 08/05/19 Sold $2,106,000 +17.0% $410 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $1,800,000 -- $351 / Sq Ft
Source: California Desert Association of REALTORS®

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 $27,842 $2,303,216 $1,640,468 $662,748
2024 $27,842 $2,258,055 $1,608,302 $649,753
2023 $27,405 $2,213,780 $1,576,767 $637,013
2022 $27,068 $2,170,373 $1,545,850 $624,523
2021 $26,396 $2,127,818 $1,515,540 $612,278
2019 $10,737 $772,338 $487,310 $285,028
2018 $10,073 $757,199 $477,755 $279,444
2016 $9,617 $727,605 $459,204 $268,401
2015 $9,495 $716,677 $452,307 $264,370
2014 $9,414 $702,639 $443,447 $259,192
Source: Public Records

Agents Affiliated with this Home

  • Marion Napier

    Seller's Agent in 2019

    Marion Napier

    Coldwell Banker Realty

    (310) 586-0322

    6 Total Sales

    Marion Napier
    Section Image
  • Carolyn Taff

    Seller Co-Listing Agent in 2019

    Carolyn Taff

    Coldwell Banker Realty

    (310) 871-5051

    7 Total Sales

    Carolyn Taff
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 19-467366

California Desert Association of REALTORS®

APN: 4267-013-011

California Los Angeles County Santa Monica 90404 Mid-City Santa Monica

1336 Franklin St, Santa Monica, CA

This home is located at 1336 Franklin St, Santa Monica, CA 90404 since 31 May 2019 and is currently estimated at $2,998,939, approximately $584 per square foot. This property was built in 1939. 1336 Franklin St is a home located in Los Angeles County with nearby schools including McKinley 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.

California Desert Association of REALTORS® 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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