NOT LISTED FOR SALE

1423 Franklin St Unit 3 Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood

Estimated Value: $1,512,000 - $6,311,000

2 Beds
2 Baths
800 Sq Ft
7,575 Sq Ft Lot

Highlights

  • Marble Flooring
  • Mediterranean Architecture
  • Central Heating and Cooling System
  • McKinley Elementary School Rated A
  • Subterranean Parking

About This Home

As of May 2023

2 bed , 2 bath in unit laundry in small 4 unit complex. Close to all types of transportation

Last Agent to Rent the Property

Chad Railey

Keller Williams Hollywood Hills License #01413359 Listed on: 05/04/2023

Keller Williams Hollywood Hills

Last Renter's Agent

Marek Swiderski

Sotheby's International Realty License #01910999

Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,171

Year Built

  • Built in 2019

Lot Details

  • 7,575

Parking

  • Subterranean Parking

Home Design

  • Mediterranean Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • Pets Allowed

Listing and Financial Details

  • Security Deposit $3,495
  • Tenant pays for gas, electricity, cable TV
  • Rent includes trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 4267-015-010

Condo Details

Home Type

Condominium

Est. Annual Taxes

$25,171

Year Built

Built in 2019

Lot Details

0

Rental Info

  • Lease Option: 1
  • Rent Includes: Trash Collection
  • Security Deposit: 3495
  • Tenant Pays: Gas, Electricity, Cable TV

Listing Details

  • Property Type: Residential Lease
  • Style: Mediterranean
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Entry Floor: 2
  • Lease Terms: 1+Year
  • Living Area: 800
  • Lot Acreage: 0.1739
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 2019
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Marble, Laminate
  • Bedrooms: 2
  • Full Bathroom: 2
  • 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: 2.00
  • Den: 0
  • Equipment: Dryer, Washer
  • Price Per S Q F T: 4.12

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Subterranean
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

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
$3,792,803

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
$1,101,750
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$2,691,053

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
$1,101,750
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$2,691,053

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 California In
Hekmatjah David -- Stewart Title Of California In
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 List to Sale Price per Sq Ft
05/19/2023 05/19/23 Rented $3,295 0.0% --
05/18/2023 05/18/23 Price Changed $3,295 -5.7% $4 / Sq Ft
05/04/2023 05/04/23 For Rent $3,495 +7.5% --
11/15/2022 11/15/22 Rented $3,250 -1.4% --
10/21/2022 10/21/22 Price Changed $3,295 -5.7% $4 / Sq Ft
10/14/2022 10/14/22 For Rent $3,495 -- --
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 2023

    Chad Railey

    Keller Williams Hollywood Hills

    (310) 623-1300

    10 Total Sales

    Chad Railey
    Section Image
  • Marek Swiderski

    Tenant's Agent in 2023

    Marek Swiderski

    Sotheby's International Realty

    (424) 256-9480

    18 Total Sales

    Marek Swiderski
    Section Image
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Map

Source: The MLS

MLS Number: 23-267119

The MLS

APN: 4267-015-010

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

1423 Franklin St Unit 3, Santa Monica, CA

This home is located at 1423 Franklin St Unit 3, Santa Monica, CA 90404 since 04 May 2023 and is currently priced at $3,792,803. This property was built in 2019. 1423 Franklin St Unit 3 is a home located in Los Angeles County with nearby schools including McKinley Elementary School, Lincoln Middle School, and Santa Monica High School.

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