1756 Franklin St
Santa Monica, CA 90404

Bd   Ba   3,180 Sqft   148 Days
SELLER IS VERY MOTIVATED, ALL SERIOUS OFFERS WILL BE CONSIDERED. ONE UNIT DELIVERED VACANT!!! Vault Brokerage is pleased to present for sale this VALUE-ADD INVESTMENT OPPORTUNITY in prime Santa Monica!!!. The subject property features four units, one 2 Bed/ 2 Bth and three 1 Bed/ 1 Bth. Parking: 3 carport spaces & 1 driveway space. Each unit includes its own storage area by the shared laundry room & carport. Utilities: Water - Master metered, Gas and Electric - separately metered. The overall condition is far from turn-key. This property is nearly all original from 1957, displaying years of deferred maintenance and hands-off management...An update would be necessary to earn market rents for this area. With that said, there is plenty of potential here for any investor or owner-occupier ready and willing to get their hands dirty. For additional information, or to request a marketing package contact the listing agent. Showings with an accepted offer, subject to interior inspection.
  • $0 HOA
  • $500/Sqft
  • MLS#17226534 provided by Vault Brokerage
  • Movoto last checked CRMLS for new data 5 hours ago
  • CRMLS last updated this listing 15 hours ago

Home Features for 1756 Franklin Street, Santa Monica

Year Built: 1957
Property Condition: Fixer
Lot Size Acres: 0.1
Lot Size Square Feet: 4527
Lot Size Units: Square Feet
Lot Size Area: 4527
Lot Size Dimensions: 50X138
Price Per Square Foot: 499.69
Parcel Number: 4268008014
Special Listing Conditions: Standard
Standard Status: Active
Exterior
Entry Location: Ground Level With Steps
Number Of Buildings: 1
Building Area Total: 3180
Parking Features: Assigned
Carport Spaces: 3
Parking Total: 3
Number Of Units Total: 4
Amenities / Utilities
Appliances: Refrigerator
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Property History for 1756 Franklin Street, Santa Monica

Status
Date
Price
Active
(Under Contract)
Sep 6, 2017
Price Change
Jul 14, 2017
$1,589,000
Price Change
May 23, 2017
$1,675,000
Listed
May 1, 2017
$1,725,000
#17226534

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Real Estate Market Statistics for 1756 Franklin Street, Santa Monica

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1756 Franklin Street

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Pico
Santa Monica
90404
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$1.59M

1756 Franklin Street

$1.7M

Pico

21% y/y

Pico

$1.32M

90404

-6% y/y

90404

$2.4M

Santa Monica

-6% y/y

Santa Monica

See all trends for Santa Monica
As of today, there are 15 properties listed for sale in ZIP code 90404 and 108 properties listed for sale in the city of Santa Monica, CA. This property at 1756 Franklin St in 90404 is currently listed for $1,589,000. This is 34% below the $2,397,500 median price for Santa Monica and 20% above the 90404 median of $1,325,000. Of the 108 properties for sale in Santa Monica, 48 are single family homes and 60 are condos. 1756 Franklin St is a multi family home that is approximately 3,180 Sqft, 74% above the Santa Monica median of 1,830 and 93% above the 90404 ZIP code median of 1,650. The price per square foot is $500, which is 31% below the median price in 90404 of $726 and 54% below the Santa Monica median of $1,083 per square foot.
Built in 1957, this multi family house at 1756 Franklin St is approximately 3,180 square feet and comes with 3 parking spots. It is listed on 05/01/2017 with a cost per Sqft of $500. 1756 Franklin St is located in the Pico neighborhood in the Santa Monica-Malibu Unified School District. The closest school is McKinley Elementary School.

1756 Franklin St has been on the market for 148 days. The median days on the market for properties in this area is 32 with a median list price of $2,397,500 and median cost per square foot of $1,083. It's currently listed as active under the MLS #17226534.

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