1731 Franklin Street

Santa Monica, CA 90404

$1,405,000
Last Sold Price
3
Beds
5
Baths
2,355 Sq. Ft.
$597 / Sq. Ft.
2,355
Sq. Ft.
$597
per Sq. Ft.

Description

First time on the market since 1977! Situated on a charming, tree lined block, the property consists of five units. Three of the units will be delivered vacant. Excellent opportunity to develop or rehab the existing units. All information has been taken from public records and city of Santa Monica's website. There are no representations made by the seller as the seller has never lived at the property. Buyer/Agent/Broker is responsible to verify Square Footage, Permits,Bedroom,Bath, Rent Control and...First time on the market since 1977! Situated on a charming, tree lined block, the property consists of five units. Three of the units will be delivered vacant. Excellent opportunity to develop or rehab the existing units. All information has been taken from public records and city of Santa Monica's website. There are no representations made by the seller as the seller has never lived at the property. Buyer/Agent/Broker is responsible to verify Square Footage, Permits,Bedroom,Bath, Rent Control and Zoning. Property is being Sold AS-IS no warranties expressed or implied. Buyer to perform their own investigations and due diligence regarding Santa Monica Development.
  1. Listed by Oliver Mossi • DRE #01735335 • Brokerage DRE #01883938 • Douglas Elliman
  2. Listed by Ernie Carswell • DRE #01111566 • Brokerage DRE #01883938 • Douglas Elliman

Property Details for 1731 Franklin Street

Zoning
SMR2*
Parcel Number
4268007023
Total Units
5.0
Living Area
2355
Source Living Area
Assessor
Area
Santa Monica (C14)
Vacancy Rate
3
Lot Size Area
6021

Location

Listing Courtesy of Douglas Elliman, Oliver Mossi, DRE #01735335; Douglas Elliman, Ernie Carswell, DRE #01111566

Sold By Nourmand & Associates-BH, Margalit Amkie, DRE #01896163

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LISTING UPDATED: 10/26/2018 04:16 PM

Property Details for 1731 Franklin Street

StatusSold
MLS #18-366046
Days on Market80
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1945
Lot Size0.14 AC / 6,021 SF
CountyLos Angeles County

Location

Listing Courtesy of Douglas Elliman, Oliver Mossi, DRE #01735335; Douglas Elliman, Ernie Carswell, DRE #01111566

Sold By Nourmand & Associates-BH, Margalit Amkie, DRE #01896163

Add your commute

Building Information for 1731 Franklin Street

Stories1Residences-Year Built1945Building Size-Lot Size0.14 AC / 6,021 SF

Payment Calculator

$9,245 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,668

Property Taxes

$1,577

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1731 Franklin Street

Community / Development
Community / Development
  • Number Of Units: 5
Structure Info
Structure Info
  • Number Of Stories: 1
  • Number Of Buildings: 3
  • Type Of Units: Rental
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Size Square Feet: 6021
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 2
  • Parking Features: Garage
Interior Features
Interior Features
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Other
  • Equipment: Other
  • Laundry: See Remarks
Exterior Features
Exterior Features
  • Pool: No
  • Tennis: No
Lease Terms
Lease Terms
  • Entry Date: 07-17-2018
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,350.00
  • Unit Actual Rent: $1,350.00
  • Unit Projected Rent: $.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $880.00
  • Unit Actual Rent: $880.00
  • Unit Projected Rent: $.00
  • Like Units: 5
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $169,017.00
  • Assessed Land Value: $140,236.00

Property History for 1731 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 1731 Franklin Street

Taxable ValueLand$1,286,641Additions$220,340Total$1,506,981
Tax Record2023$18,921 ($1,577 / month)
Home Facts
Total Finished SqFt2,355 SqFtAbove Grade Finished SqFt2,355 SqFtLot Size6,021 SqFtStyleMulti-Family Res (5+ Units)Year Built1945ZoningSMR2*CountyLOS ANGELESAPN4268-007-023

Schools near 1731 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

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Similar Sold Homes

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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 Douglas Elliman, Oliver Mossi, DRE #01735335; Douglas Elliman, Ernie Carswell, DRE #01111566

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.