1430 Franklin St A, Santa Monica, CA 90404 - View 1
1430 Franklin St A, Santa Monica, CA 90404 - View 2
1430 Franklin St A, Santa Monica, CA 90404 - View 3
1430 Franklin St A, Santa Monica, CA 90404 - View 4
1430 Franklin St A, Santa Monica, CA 90404 - View 5
1430 Franklin St A, Santa Monica, CA 90404 - View 6
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1430 Franklin St A, Santa Monica, CA 90404

List Price: $2,450,000On Market FlagOn market
Nov 11, 20243,486 sqft8 beds5 baths
Listed by: Kimiyasu Murayoshi
License #: 01329437
Phone #: 866-455-4685
Andrew C. Lee
Source:
CRMLS Logo
MLS #: 24462495

Property Description

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
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$42,219

TurboHome Estimated Value

$2,632,300

$755 sqft

High Valuation
$2,763,915
$793/sqft
Normal Valuation
$2,632,300
$755/sqft
Low Valuation
$2,500,685
$717/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$755/sqft$2,632,300

Neighborhood

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Comparative Value

$1.86M

$2.10M

$2.21M

$2.45M

1606 S Bundy Dr, Los Angeles, CA 90025

Sale Price: $1,862,250

Selected Comparable

2007 21st St, Santa Monica, CA 90404

Sale Price: $2,100,000

Selected Comparable

938 15th St, Santa Monica, CA 90403

Sale Price: $2,215,000

Selected Comparable

1430 Franklin St A, Santa Monica, CA 90404

List Price: $2,450,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1430 Franklin St A, Santa Monica, CA 90404

1430 Franklin St A, Santa Monica, CA 90404

List: $2,450,000

Listed: 11/11/2024

Area:3,486 sqft
Price/sqft:$703
Beds:8
Baths:5
Year Built:
Lot Size:7,805

Comparable Properties

COMPARABLE
Choose comps
1606 S Bundy Dr, Los Angeles, CA 90025

1606 S Bundy Dr, Los Angeles, CA 90025

Sale: $1,862,250

2/13/20250.44 mi

Area:3,208 sqft
Price/sqft:$581
Beds:8
Baths:4
Year Built:
Weight:37.1%
938 15th St, Santa Monica, CA 90403

938 15th St, Santa Monica, CA 90403

Sale: $2,215,000

7/24/20251.44 mi

Area:4,062 sqft
Price/sqft:$545
Beds:7
Baths:5
Year Built:
Weight:32.4%
2007 21st St, Santa Monica, CA 90404

2007 21st St, Santa Monica, CA 90404

Sale: $2,100,000

7/31/20251.09 mi

Area:4,631 sqft
Price/sqft:$453
Beds:8
Baths:4
Year Built:
Weight:30.5%

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