$1,375,000 - $4,908,000
RENTED AUG 19, 2024

1423 Franklin St Unit 1 Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood
4 Beds
3 Baths
1,400 Sq Ft
7,575 Sq Ft Lot

Highlights

  • New Construction
  • Automatic Gate
  • Den
  • McKinley Elementary School Rated A
  • Mediterranean Architecture
  • Subterranean Parking

About This Home

As of August 2024

4 Bed + 3 bath + Den (5th bed) with washer dryer on a tree lined street in Santa Monica. New Construction. 2 car parking, Side by side, Gated. (Photos for this listings are from another unit, very similar finished)

Last Agent to Rent the Property

Chad Railey

Keller Williams Hollywood Hills License #01413359 Listed on: 06/17/2024

Keller Williams Hollywood Hills

Last Renter's Agent

Chad Railey

Keller Williams Hollywood Hills License #01413359 Listed on: 06/17/2024

Keller Williams Hollywood Hills

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,171

Year Built

  • Built in 2019 | New Construction

Lot Details

  • North Facing Home
  • Gated Home

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Den
  • Tile Flooring
  • Security Lights
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Automatic Gate

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $5,995
  • Tenant pays for gas, electricity
  • Rent includes gardener, water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 4267-015-010

Community Details

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$25,171

Year Built

Built in 2019 | New Construction

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Control: No
  • Rent Includes: Gardener, Water, Trash Collection
  • Security Deposit: 5995
  • Tenant Pays: Gas, Electricity

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Mediterranean
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Entry Floor: 1
  • Lease Terms: 1+Year
  • Living Area: 1400
  • Lot Acreage: 0.1739
  • Monthto Month: No
  • Probate: No
  • Property Condition: New Construction
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 2019
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Tile
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Cable, Dishwasher, Dryer, Hood Fan, Washer
  • Price Per S Q F T: 3.93

Exterior Features

  • Direction Faces: North
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterr Side by Side, Gated
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Security: Smoke Detector, Exterior Security Lights, Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • Unit Location: 1

Lot Info

  • Assessor Parcel Number: 4267-015-010
  • Lot Size Area: 7577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Hekmatjah David
Bought by
Franklin Orchid Llc
Current Estimated Value
$3,360,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,106,354
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$2,254,550

Purchase Details

Closed on
Oct 21, 2021
Sold by
Hekmatjah David
Bought by
Franklin Orchid Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,106,354
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$2,254,550

Purchase Details

Closed on
Mar 1, 2019
Sold by
Hekma
Bought by
South

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.35%

Purchase Details

Closed on
Jun 28, 2005
Sold by
Braum Michael
Bought by
Hekmatjah David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,250
Interest Rate
4.68%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 17, 2005
Sold by
Yermian Changiz
Bought by
Braum Michael and The Braum Family Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,250
Interest Rate
4.68%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 9, 2002
Sold by
Yermian Manoucheher
Bought by
Yermian Manoucher and Yermian Jaleh

Purchase Details

Closed on
Oct 18, 1999
Sold by
Naimi Kayvan
Bought by
Yermian Changiz and Yermian Manoucheher
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
Franklin Orchid Llc -- Stewart Title Of Ca Inc
Hekmatjah David -- Stewart Title Of Ca Inc
Franklin Orchid Llc -- Accommodation/Courtesy Recordi
South -- --
Hekmatjah David -- Fidelity National Title Co
Hekmatjah David -- Fidelity National Title Co
Braum Michael $995,000 Lawyers Title Ins
Naimis Llc -- Lawyers Title Ins
Naimi Kayvan -- Lawyers Title Ins
Yermian Manoucher -- --
Yermian Changiz -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hekmatjah David $1,200,000
Previous Owner South --
Previous Owner Hekmatjah David $746,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Rented $5,495 0.0% --
08/05/2024 08/05/24 Price Changed $5,495 -4.4% $4 / Sq Ft
07/13/2024 07/13/24 Price Changed $5,750 -4.1% $4 / Sq Ft
06/17/2024 06/17/24 For Rent $5,995 +33.4% --
05/26/2021 05/26/21 Rented $4,495 0.0% --
05/12/2021 05/12/21 Price Changed $4,495 -5.4% $3 / Sq Ft
05/02/2021 05/02/21 For Rent $4,750 0.0% --
04/24/2021 04/24/21 Off Market $4,750 -- --
02/19/2021 02/19/21 Price Changed $4,750 -3.0% $3 / Sq Ft
02/11/2021 02/11/21 Price Changed $4,895 -2.0% $3 / Sq Ft
12/15/2020 12/15/20 Price Changed $4,995 -9.1% $4 / Sq Ft
11/03/2020 11/03/20 Price Changed $5,495 -3.5% $4 / Sq Ft
10/16/2020 10/16/20 For Rent $5,695 -- --
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 $25,171 $2,129,836 $949,770 $1,180,066
2024 $25,171 $2,088,076 $931,148 $1,156,928
2023 $24,772 $2,047,135 $912,891 $1,134,244
2022 $24,466 $2,006,996 $894,992 $1,112,004
2021 $23,852 $1,967,644 $877,444 $1,090,200
2020 $23,689 $1,947,469 $868,447 $1,079,022
2019 $2,844 $1,440,274 $851,419 $588,855
2018 $14,181 $1,195,034 $834,725 $360,309
2016 $13,670 $1,148,631 $802,312 $346,319
2015 $12,120 $1,011,000 $706,000 $305,000
2014 $10,293 $846,000 $591,000 $255,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2024

    Chad Railey

    Keller Williams Hollywood Hills

    (310) 623-1300

    10 Total Sales

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Map

Source: The MLS

MLS Number: 24-404983

The MLS

APN: 4267-015-010

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

1423 Franklin St Unit 1, Santa Monica, CA

This home is located at 1423 Franklin St Unit 1, Santa Monica, CA 90404 since 17 June 2024 and is currently priced at $3,360,904. This property was built in 2019. 1423 Franklin St Unit 1 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.

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