1430 Franklin Street, Unit A
$2,450,000
8
5
3,486
3,486
$703
Description
The property located in a heart of Santa Monica, close to many shops, restaurants and entertainment establishments, and Santa Monica Beach. Stable occupancy and income stream with substantial up side potential (approximately 32% below the market rent). 1) High Demand Rental Area with Quiet Neighborhood, 2) On-Site Laundry Room for additional income, and 3) Two units have updated with new kitchen and bathroomsThe property located in a heart of Santa Monica, close to many shops, restaurants and entertainment establishments, and Santa Monica Beach. Stable occupancy and income stream with substantial up side potential (approximately 32% below the market rent). 1) High Demand Rental Area with Quiet Neighborhood, 2) On-Site Laundry Room for additional income, and 3) Two units have updated with new kitchen and bathrooms
- Listed by Kimiyasu Murayoshi • DRE #01329437 • Brokerage DRE #01046440 • Andrew C. Lee
Property Details for 1430 Franklin Street, Unit A
Zoning
SMR2*
Parcel Number4267016014
Total Units5.0
Living Area3486
Source Living AreaVendor Enhanced
AreaSanta Monica (C14)
Vacancy Rate3
Lot Size Area7805
LISTING UPDATED: 11/11/2024 02:47 PM
Property Details for 1430 Franklin Street, Unit A
Status | Active |
---|---|
MLS # | 24-462495 |
Days on Market | 3 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1944 |
Lot Size | 0.18 AC / 7,805 SF |
County | Los Angeles County |
Building Information for 1430 Franklin Street, Unit A
Stories-Residences-Year Built1944Building Size-Lot Size0.18 AC / 7,805 SF
Property Information for 1430 Franklin Street, Unit A
Property History for 1430 Franklin Street, Unit A
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1430 Franklin Street, Unit A
Taxable ValueLand$2,251,623Additions$429,399Total$2,681,022
Tax Record2024$32,604 ($2,717 / month)
Home Facts
Total Finished SqFt3,486 SqFtAbove Grade Finished SqFt3,486 SqFtLot Size7,803 SqFtStyleMulti-Family Res (5+ Units)Year Built1944ZoningSMR2*CountyLOS ANGELESAPN4267-016-014
Schools near 1430 Franklin Street, Unit A
This home is within Santa Monica-Malibu Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
McKinley Elementary School PublicK to 5 | ||
Lincoln Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Olympic High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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