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1430 Franklin St
Santa Monica, CA 90404
Multifamily Property For Sale
·
5 Units
Property Facts
| No. Units | 5 | Building Size | 3,486 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1944 |
| Building Class | C | Parking Ratio | 1.15/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | SMR2 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 3,486 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1944 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | SMR2 |
About 1430 FRANKLIN ST , SANTA MONICA, CA 90404
1430 Franklin Street is a turnkey 5-unit apartment building on a tree lined street in beautiful Santa Monica. The property consists of three (3) two-bedroom/one-bathroom units, offering front & back door entrances and the feeling of living in a home, and a separate free-standing structure of two (2) one bedroom/one bathroom units above four (4) individual garages. The buildings are well maintained and 4 out of the 5 units have been recently updated, featuring hardwood flooring, new windows & treatments, and digital thermostats. The 3,486 rentable square feet sit on a large, 7,803 square foot SMR2-zoned lot. One unit to be vacated in a reasonable amount of time after closing, and 1 of the 4 garages will be vacant at the COE.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 1+1 | 2 | - | - |
Property Taxes
| Parcel Number | 4267-016-014 | Improvements Assessment | $437,456 |
| Land Assessment | $2,296,655 | Total Assessment | $2,734,111 |
Property Taxes
Parcel Number
4267-016-014
Land Assessment
$2,296,655
Improvements Assessment
$437,456
Total Assessment
$2,734,111
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