NOT LISTED FOR SALE

1618 Franklin St Santa Monica, CA 90404

Pico Neighborhood

Estimated Value: $2,409,000 - $2,808,324

6 Beds
4 Baths
3,190 Sq Ft
$810/Sq Ft Est. Value

Last Sold May 21, 2012

Last sale price $1,050,000 $329 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $15,871/month

14 Days on Market

Highlights

  • Traditional Architecture
  • 5 Car Attached Garage
  • Floor Furnace
  • McKinley Elementary School Rated A

About This Home

As of May 2012

Santa Monica 4 plex includes front house and 3 rental units. The front house (which will be delivered vacant) is a 2bed, 1 bath with private front and rear fenced yard that would work well for the new owner. It has a surprisingly large kitchen with great cabinet space and offers access to the back yard via a beautiful side door. 3 units are currently rented, the tenants of the 1bed/1ba (downstairs unit w/ big patio) will provide letter stating they will move upon recordation. The homes are mostly original and pretty cozy but it's a Santa Monica 4 plex and it will go fast. Two private yards for the front house, a big patio for the bottom 1bed/1 bath, a 2bed 1 bath upstairs unit w/ an enclosed patio and a studio plus garages and parking!!!! OMG-Stop reading get in your car and snatch it up before someone else does and then YOU are renting from THEM! It's SANTA MONICA and you can own 4 homes in it!

Last Agent to Sell the Property

Judy Sheller

Compass License #00580086 Listed on: 03/01/2012

Compass

Co-Listed By

Jeffrey Pantanella

Jeffrey Pantanella License #01346057

Last Buyer's Agent

Missy Improta

eXp Realty of Greater Los Angeles License #01265975

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,049

Year Built

  • Built in 1940

Lot Details

  • 5,602 Sq Ft Lot
  • Lot Dimensions are 45x125

Parking

  • 5 Car Attached Garage

Home Design

  • 3,190 Sq Ft Home
  • Traditional Architecture

Kitchen

  • Oven or Range

Utilities

  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4268-005-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,049

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 3190
  • Lot Dimensions: 45X125
  • Year Built: 1940
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 329.15

Exterior Features

  • Pool: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Attached, Garage
  • Total Parking: 5

Utilities

  • Heating: Floor Furnace, Wall
  • Sewer: In Street

Lot Info

  • Assessed Improvement Percent: 35.05
  • Assessed Improvement Value: 236259
  • Assessed Land Percent: 64.95
  • Assessed Land Value: 437858
  • Total Assessed Value: 674117
  • Assessor Parcel Number: 4268-005-007
  • Lot Size Area: 5602

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.50
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: residential
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Slekys Arunas George and Slekys Ruta Sofija
Bought by
Slekys Arunas George and Slekys Ruta Sofija
Current Estimated Value
$2,631,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Outstanding Balance
$722,332
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$1,862,249

Purchase Details

Closed on
Sep 18, 2017
Sold by
Slekys Arunas George and Slekys Arunas G
Bought by
Slekys Arunas George and Slekys Ruta Sofija

Purchase Details

Closed on
Dec 19, 2012
Sold by
Slekys Ruta S
Bought by
Slekys Arunas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$842,553
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2012
Sold by
Slekys Ruta S
Bought by
Slekys Arunas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2012
Sold by
Williams Karen
Bought by
Slekys Arunas G and Slekys Brigita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2012
Sold by
Williams Gale T and Williams Family Trust
Bought by
Williams Glen and Williams Karen

Purchase Details

Closed on
Jan 12, 2012
Sold by
Williams Glen
Bought by
Williams Karen

Purchase Details

Closed on
Aug 19, 2003
Sold by
Williams Glen and Williams Karen
Bought by
Williams Gale T and Williams Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1998
Sold by
Nash Gary B Co Tr Nash Shelton Trust
Bought by
Williams Gale T and Williams Dorothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7%
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
Slekys Arunas George -- Chicago Title
Slekys Arunas George -- None Available
Slekys Arunas G -- Equity Title Company
Slekys Arunas G -- Fidelity National Title Co
Slekys Arunas G $1,050,000 Fidelity National Title Co
Williams Glen -- None Available
Williams Karen -- None Available
Williams Gale T -- --
Williams Glen -- First Southwestern Title Co
Williams Gale T $375,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slekys Arunas George $785,000
Closed Slekys Arunas G $842,553
Previous Owner Slekys Arunas G $840,000
Previous Owner Williams Glen $480,000
Previous Owner Williams Gale T $441,000
Previous Owner Williams Gale T $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2012 05/21/12 Sold $1,050,000 0.0% $329 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $1,050,000 -- $329 / Sq Ft
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 $16,049 $1,318,848 $942,037 $376,811
2024 $16,049 $1,292,989 $923,566 $369,423
2023 $15,793 $1,267,637 $905,457 $362,180
2022 $15,588 $1,242,782 $887,703 $355,079
2021 $15,184 $1,218,415 $870,298 $348,117
2019 $14,924 $1,182,279 $844,486 $337,793
2018 $14,011 $1,159,098 $827,928 $331,170
2016 $13,479 $1,114,091 $795,780 $318,311
2015 $13,303 $1,097,357 $783,827 $313,530
2014 $13,139 $1,075,862 $768,473 $307,389
Source: Public Records

Agents Affiliated with this Home

  • Judy Sheller

    Seller's Agent in 2012

    Judy Sheller

    Compass

    (310) 699-9401

    1 in this area

    17 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2012

    Jeffrey Pantanella

    Jeffrey Pantanella

  • Missy Improta

    Buyer's Agent in 2012

    Missy Improta

    eXp Realty of Greater Los Angeles

    (310) 597-1914

    81 Total Sales

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Map

Source: The MLS

MLS Number: 12-585621

The MLS

APN: 4268-005-007

California Los Angeles County Santa Monica 90404 Pico

1618 Franklin St, Santa Monica, CA

This home is located at 1618 Franklin St, Santa Monica, CA 90404 since 01 March 2012 and is currently estimated at $2,584,581, approximately $810 per square foot. This property was built in 1940. 1618 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.
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