Properties
Santa Monica, CA 90404 1430 Franklin Street A
$2,450,000
4 more
Presented By: Kimiyasu Murayoshi with Andrew C. Lee;
Beds • 8
Baths • 1
SQFT • 3,486
Home Details
The property located in a heart of Santa Monica, close to many shops, restaurants and entertainment establishments, and Santa Monica Beach. Stable occupancy and income stream with substantial up side potential (approximately 32% below the market rent). 1) High Demand Rental Area with Quiet Neighborhood, 2) On-Site Laundry Room for additional income, and 3) Two units have updated with new kitchen and bathrooms
Presented By: Kimiyasu Murayoshi with Andrew C. Lee;
Interior Features for 1430 Franklin Street A
Bedrooms
Total Bedrooms8
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths5
Other Interior Features
Heating Y/NYes
Total Stories
General for 1430 Franklin Street A
AppliancesDishwasher, Disposal, Microwave, Refrigerator
Attached Garage Yes
Cap Rate4.22
CitySanta Monica
CountyLos Angeles
DirectionsLocated along Franklin Street between Santa Monica Blvd and Broadway
Full Baths
Gross Income160020
HOANo
HeatingWall Furnace
LevelsOne
Living Area3486
Lot Size Square Feet7805
Lot Size UnitsSquare Feet
MLS AreaC14 - Santa Monica
Net Operating Income103278
New ConstructionNo
Number Of Units Total5
PostalCitySANTA MONICA
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Unit NumberA
Year Built1944
ZoningSMR2*
Exterior for 1430 Franklin Street A
Building Area Total3486
Lot Dimensions48x162
Lot Size Acres0.1792
Lot Size Area7805
Number of Buildings2
Total Parking4
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
