1731 Franklin Street

Santa Monica, CA 90404

$2,850,000
Price
2
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Property Details for 1731 Franklin Street

StatusActive
MLS #19502186
Year Built1945
DOM87
Compass TypeTownhouse
MLS TypeResidential Income
Lot Size0.14 AC / 6,021 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Margalit Amkie

Nourmand & Associates-BH

margalitamkie@yahoo.com

P: 310.274.4000

M: 310.925.9193

DRE #01896163

Contact Agent(s)

Description

This one-of-a-kind newly renovated designer complex is comprised of 5 living units, 2 creative workspaces and 3 rentable parking spaces. The interior and exterior of this stylish remodel boasts clean lines, a contemporary design, fresh white walls, hardwood floors, and‚ geometric tiles in the kitchen and bathrooms. Living spaces come equipped with remote-controlled heating and air‚ conditioning as well as built-in closets. The 2 workspaces offer high ceilings, private bathrooms, and high speed internet... access. Step outside into an exceptional outdoor living space made for California-style dining and relaxation. Outdoor communal areas include an elevated‚ hardwood deck, turf, and gravel with stone inlay‚ surrounding the buildings. Laundry, secured bicycle‚ parking, and multiple building upgrades completes this package. Upgrades include earthquake retrofit, new electrical, plumbing, sewer, gas lines, water lines, roofing, insulation, windows, light fixtures, new appliances, landscaping and more.

Amenities

DeckWasher / Dryer in UnitHardwood FloorsHigh CeilingsContemporary

Location

Listing Courtesy of Nourmand & Associates-BH, Margalit Amkie, DRE #01896163; Keller Williams Hollywood Hills, Yohann Bensimon, DRE #01966630

Building Information for 1731 Franklin Street

Stories2Residences-Year Built1945Building Size-Lot Size0.14 AC / 6,021 SF

Payment Calculator

$10,251 per month

30 year fixed, 3.51% Interest

Principal and Interest

$10,251

Property Taxes

HOA Dues

$0

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Property Information for 1731 Franklin Street

Property Features
    Interior Features
  • Appliances: Refrigerator, Freezer, Dishwasher
  • Laundry: Yes
  • Laundry Features: Washer Included, Dryer Included
    Parking Info
  • Parking: Yes
  • Parking Features: Other
Property / Structure Info
    Property / Structure Info
  • Parcel Number: 4268007023
  • Property Type: Residential Income
  • Stories Total: 2
  • Year Built: 1945
    Measurements / Dimensions
  • Building Area Total: 2355
Community/Development / Location Info
    School/Location Info
  • County Or Parish: Los Angeles
  • Directions: North of Olympic, South of Santa Monica, West of Bundy, East of Cloverfield
  • MLS Area Major: Santa Monica (C14)
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Zoning: SMR2*
    Income Details
  • Garage Income: $3,600
  • Gross Income: $15,550
  • Gross Multiplier: 15.27
  • Gross Operating Income: $186,600
  • Gross Scheduled Income: $186,600
  • Gross Spendable Income: $177,270
  • Laundry Income: $0
  • Net Operating Income: $132,211
    Expense Details
  • Insurance Expense: $1,600
  • Maintenance Expense: $3,750
  • Pest Control Expense: $350
  • Total Expenses: $54,389
  • Water Sewer Expense: $3,000
Unit Information
    Multi-Unit Info
  • Number Of Buildings: 3
Land/Lot Info
    Land/Lot Info
  • Land Value: $140,236.00
  • Lot Size Acres: .14
  • Lot Size Square Feet: 6021
  • Lot Size Units: Square Feet
    Potential/Present Land Use
  • Improvements Amount: $169,017.00

Property History for 1731 Franklin Street

DateEvent & SourcePriceAppreciation
Aug 22, 2019Listed (Active)

CRMLS #19502186

$2,850,000
Aug 22, 2019Listed (Active)

SDMLS #19502186

$2,850,000
Oct 26, 2018Sold (Public Records)

Public Record #633184492

$1,405,000
DateEvent & SourcePrice
08/22/2019
Listed (Active)

CRMLS #19502186

$2,850,000
08/22/2019
Listed (Active)

SDMLS #19502186

$2,850,000
10/26/2018
Sold (Public Records)

Public Record #633184492

$1,405,000

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

Public Records for 1731 Franklin Street

Taxable ValueLand$143,040Additions$172,397Total$315,437
Tax Record2018$4,820
Home Facts
Beds3Finished Sq.Ft.2,355 SqFtLot Size6,021 SqFtStyleMulti-Family Res (5+ Units)Year Built1945ZoningSMR2*CountyLOS ANGELESAPN4268007023

Schools near 1731 Franklin Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
New Roads SchoolPrivateK-120.2 mi
NR
Southern California Montessori SchoolPrivate0.4 mi
NR
Lighthouse Christian AcademyPrivate9-120.5 mi
NR
Westview SchoolPrivate6-120.7 mi
NR

New Roads School

K-12, 0.2 mi, Private

NR

Southern California Montessori School

0.4 mi, Private

NR

Lighthouse Christian Academy

9-12, 0.5 mi, Private

NR

Westview School

6-12, 0.7 mi, Private

NR

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.

Santa Monica
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1731 Franklin Street is a townhouse for sale in Santa Monica, CA 90404. This property was listed for sale on August 22, 2019 by Nourmand & Associates-BH at $2,850,000. It has been on the market for a total of 88 days and was last sold on October 26, 2018. Nearby schools include St. Anne Elementary School, Lighthouse Christian Academy and Southern California Montessori School. 1731 Franklin Street is a 2-bed, 5-bath, townhouse built in 1945.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Nourmand & Associates-BH, Margalit Amkie, DRE #01896163; Keller Williams Hollywood Hills, Yohann Bensimon, DRE #01966630
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