NOT LISTED FOR SALE

1423 Franklin St Unit Front Hous Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood

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

4 Beds
3 Baths
1,350 Sq Ft
$2,809/Sq Ft Est. Value

Highlights

  • Dining Room with Fireplace
  • Views
  • Central Heating and Cooling System
  • McKinley Elementary School Rated A

About This Home

As of July 2019

BRAND NEW CONSTRUCTION. Front house for lease. Everything is brand new. In unit washer dryer, Fire place. Gated parking, Recess lighting, All Appliances included.

Last Agent to Rent the Property

Benhur Youkehpaz

Rosh Property Managment Inc. License #01774380 Listed on: 07/01/2019

Last Renter's Agent

James Owens

Coldwell Banker Realty License #01907959

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,171

Year Built

  • Built in 2019

Lot Details

  • 7,577 Sq Ft Lot
  • Property is zoned SMR2*

Parking

  • 2 Car Garage

Interior Spaces

  • 1,350 Sq Ft Home
  • Dining Room with Fireplace
  • Laminate Flooring
  • Laundry in unit
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $5,995
  • 12 Month Lease Term
  • Assessor Parcel Number 4267-015-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,171

Year Built

Built in 2019

Lot Details

0

Rental Info

  • Security Deposit: 5995

Listing Details

  • Property Type: Residential Lease
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Advertising Remarks: BRAND NEW CONSTRUCTION. From house for lease. Everything is brand new.In unit washer dryer, Fire place. Gated parking, Recess lighting, All Appliances included.
  • Lease Terms: 1+Year
  • Living Area: 1350
  • Year Built: 2019
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Rooms: Dining
  • Flooring: Laminate
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 4.07

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Any
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4267-015-010
  • Geocode Override: No
  • 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
07/18/2019 07/18/19 Rented $5,495 0.0% --
07/01/2019 07/01/19 Price Changed $5,495 -8.3% $4 / Sq Ft
07/01/2019 07/01/19 For Rent $5,995 -- --
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

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Map

Source: The MLS

MLS Number: 19-483792

The MLS

APN: 4267-015-010