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1301 Franklin St #5, Santa Monica, CA 90404
$489,000
1301 Franklin St #5, Santa Monica, CA 90404View this property at 1301 Franklin St #5, Santa Monica, CA 90404
1301 Franklin St #5Santa MonicaCA90404
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Property Description
Charming building with curb appeal. 2 bedroom 1.5 Bath town home located in a courtyard setting with mature landscaping creating a peaceful living environment. Excellent opportunity for investors and 1031 exchange buyers to purchase a property for approximately $175,000 to $250,000 below market value. Two most recent sales in the building sold for over 900 a foot. We are price at 567 a foot. The town home is being sold with a tenant paying $1,753 per month. The tenant cannot be evicted unless they voluntarily agree to a relocation fee. (see attached seller disclosure statement regarding Tenant Ownership Rights Charter Amendment). Buyer to do their own due diligence regarding Rent Control Law-city of Santa Monica. Fantastic upside potential is waiting for the savvy investor!
Full Property Details
Full Property Details for 1301 Franklin St #5
General
- Sold For: $489,000
- HOA FEE: $436/month
- Status: Closed
- Type: Condo /Townhouse
- MLS ID: 18-333676
- Added to Site: 2, 201 day(s) ago
Interior
- Interior Features: Other
- Fireplace: Yes
- Fireplace(s): Decorative
- Appliances: Refrigerator, Range
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Community, Other - See Rem
Additional Information
- Shared Amenities: Association Maintains the Landscaping, Controlled Access, Hot Water,
- Pool Description: No Pool
Exterior
- Deck/Patio: Covered Porch
Location
- County: Los Angeles
- Driving Directions: South of Wilshire - West of Centinela - corner of Arizona & Franklin.
Community
- Assoc. Fees Include: Earthquake Insurance, Insurance Paid, Maintenance Paid
Heating & Cooling
- Heating Type: Wall Electric
Structural Information
- Architectural Style: Mid-Century
- Square Feet: 914
- Year Built: 1956
Lot Features
- Property View: Other View
- Lot Size (Sq. Ft.): 29,047
- Zoning: SMR2*
Financial Considerations
- Association Fee: $436
- Assoc Fee Freq.: Monthly
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Schools
Schools serving 1301 Franklin St #5
School District:Santa Monica-Malibu Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2401 Santa Monica Blvd, Santa Monica, CA 90404 | K-5 | 0.6 mi | |
1501 California Ave, Santa Monica, CA 90403 | 6-8 | 1.3 mi | |
601 Pico Blvd, Santa Monica, CA 90405 | 9-12 | 2.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1301 Franklin St #5
Date
Details
Price
Change
Source
8/28/2018
Sold
$489,000
-5.78%
MLS
4/16/2018
Listed
$519,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1301 Franklin St #5, Santa Monica, CA 90404 (MLS# 18-333676) is a Condo / Townhouse property that was sold at $489,000 on August 28, 2018. Want to learn more about 1301 Franklin St #5? Do you have questions about finding other Condo / Townhouse real estate for sale in Santa Monica? You can browse all Santa Monica real estate or contact a Coldwell Banker agent to request more information.