1419 Franklin Street

Santa Monica, CA 90404

$1,460,000
Last Sold Price
4
Beds
3
Baths
2,052 Sq. Ft.
$712 / Sq. Ft.
2,052
Sq. Ft.
$712
per Sq. Ft.

Description

Spanish 2 bedroom - 1 bath home with small yard, plus 2 - 1 bedroom units above 4 car garage. Gated yard for additional parking in the yard. Front unit is approx 1068 sq ft and has small formal dining area,laundry room & hardwood floors. The 2- 1 bedrm units total approx 984 sq ft.. Tenants park in yard. The 4 car garages are rented separately. Tenants pay for gas and electric. Located on a quiet, tree-lined street close to new Expo Line and Bicycle lanes.Spanish 2 bedroom - 1 bath home with small yard, plus 2 - 1 bedroom units above 4 car garage. Gated yard for additional parking in the yard. Front unit is approx 1068 sq ft and has small formal dining area,laundry room & hardwood floors. The 2- 1 bedrm units total approx 984 sq ft.. Tenants park in yard. The 4 car garages are rented separately. Tenants pay for gas and electric. Located on a quiet, tree-lined street close to new Expo Line and Bicycle lanes.
  1. Listed by Irma Vargas • DRE #00467438 • Brokerage DRE #00467438 • Tierra Properties
  2. Listed by Rodrigo Vargas • DRE #01792503 • Brokerage DRE #00467438 • Tierra Properties

Property Details for 1419 Franklin Street

Zoning
SMR2*
Parcel Number
4267015008
Total Units
3.0
Living Area
2052
Source Living Area
Title Company
Area
Santa Monica (C14)
Vacancy Rate
1
Lot Size Area
7562

Location

Listing Courtesy of Tierra Properties, Irma Vargas, DRE #00467438; Tierra Properties, Rodrigo Vargas, DRE #01792503

Sold By Tierra Properties, Irma Vargas, DRE #00467438

Add your commute
LISTING UPDATED: 09/02/2016 03:36 PM

Property Details for 1419 Franklin Street

StatusSold
MLS #16-140478
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1933
Lot Size0.17 AC / 7,562 SF
CountyLos Angeles County

Location

Listing Courtesy of Tierra Properties, Irma Vargas, DRE #00467438; Tierra Properties, Rodrigo Vargas, DRE #01792503

Sold By Tierra Properties, Irma Vargas, DRE #00467438

Add your commute

Building Information for 1419 Franklin Street

Stories2Residences-Year Built1933Building Size-Lot Size0.17 AC / 7,562 SF

Payment Calculator

$10,087 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,968

Property Taxes

$2,119

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1419 Franklin Street

Community / Development
Community / Development
  • Number Of Units: 3
Structure Info
Structure Info
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: triplex
  • View: No
Contract Info
Contract Info
  • Disclosures: Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $73,369
  • Net Operating Income: $46,465.00
  • Gross Income: $73,369
  • Gross Rent Multiplier: $19.76
  • Total Annual Expense: 26904
  • Water Expense: $1,205.00
  • Trash Expense: $594.00
  • Other Expense: $200.00
  • Expense Pest: $800.00
  • Tax Expense: $18,125
  • Gardener Expense: $2,160
  • Expense Licenses: $525.00
  • Insurance Expense: $1,500
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 7562
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car, Gated, Parking Space
  • Total Parking: 8
  • Parking Features: Parking Space
Interior Features
Interior Features
  • Fireplace Features: Decorative
  • Fireplace Rooms: Decorative
Exterior Features
Exterior Features
  • Pool: No
  • Tennis: No
Lease Terms
Lease Terms
  • Entry Date: 07-06-2016
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,809.03
  • Unit Actual Rent: $2,809.03
  • Unit Projected Rent: $2,835.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,633.03
  • Unit Actual Rent: $1,633.03
  • Unit Projected Rent: $1,655.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,022.03
  • Unit Actual Rent: $1,022.03
  • Unit Projected Rent: $1,036.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $132,853.00
  • Assessed Land Value: $233,827.00

Property History for 1419 Franklin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1419 Franklin Street

Taxable ValueLand$1,471,649Additions$630,706Total$2,102,355
Tax Record2023$25,433 ($2,119 / month)
Home Facts
Total Finished SqFt2,052 SqFtAbove Grade Finished SqFt2,052 SqFtLot Size7,562 SqFtStyleTriplexYear Built1933ZoningSMR2*CountyLOS ANGELESAPN4267-015-008

Schools near 1419 Franklin Street

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tierra Properties, Irma Vargas, DRE #00467438; Tierra Properties, Rodrigo Vargas, DRE #01792503

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.