NOT LISTED FOR SALE

1451 Franklin St Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood
15 Beds
15 Baths
7,556 Sq Ft
7,578 Sq Ft Lot

Last Sold March 28, 2019

Last sale price $2,900,000 $384 Per Sq Ft

50 Days on Market

About This Home

As of March 2019

7 unit apartment building in prime Santa Monica. Upside potential perfect for an investor or owner user. There are 6 - two bedroom and 1.75 baths and 1 - three bedrooms and 2.5 bath unit. Four car (tandem) garage which is currently vacant and five other covered parking spaces off the alley. Some units have been remodeled. The two vacant units need updating. Probate sale, no court confirmation required.

Last Agent to Sell the Property

Nancy Sanborn

Berkshire Hathaway HomeServices California Properties License #00771096 Listed on: 01/07/2019

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

David Schuchman

Roque & Mark Company, Inc. License #01472937

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,578 Sq Ft Lot

Home Design

  • 7,556 Sq Ft Home

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Bathrooms

Parking

  • 11 Parking Spaces
  • Assigned Parking

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 4267-015-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7556
  • Probate: Yes
  • Year Built: 1965
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 15
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 15.00
  • Den: 0
  • Price Per S Q F T: 363.95

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 11

Lot Info

  • Assessed Improvement Value: 205319
  • Assessed Land Value: 84050
  • Assessor Parcel Number: 4267-015-022
  • Geocode Override: No
  • Lot Size Area: 7578

Rental Info

  • Court Approve: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 17.08
  • Number Of Units: 7
  • Total Annual Expense: 28755.52
  • Type Of Units: 7 Units
  • Vacancy Rate: 29%

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold $2,900,000 +5.5% $384 / Sq Ft
02/26/2019 02/26/19 Pending -- -- --
02/11/2019 02/11/19 Price Changed $2,750,000 -19.0% $364 / Sq Ft
01/07/2019 01/07/19 For Sale $3,395,000 -- $449 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nancy Sanborn

    Seller's Agent in 2019

    Nancy Sanborn

    Berkshire Hathaway HomeServices California Properties

    (310) 777-7800

    1 in this area

    225 Total Sales

    Section Image
  • David Schuchman

    Buyer's Agent in 2019

    David Schuchman

    Roque & Mark Company, Inc.

    (310) 829-4757

    1 in this area

    11 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 18-413804

The MLS

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

1451 Franklin St, Santa Monica, CA

This home is located at 1451 Franklin St, Santa Monica, CA 90404 since 07 January 2019. This property was built in 1965. 1451 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.

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.
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