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1514 Franklin St
Santa Monica, CA 90404
Multifamily Property For Sale
·
7 Units
Investment Highlights
- Prime Santa Monica location
- Brand new roof and partial copper-repipe
- 2 private garages for parking, storage, or Owner’s use
- 5 of 7 units fully remodeled
- Abundant parking for tenants (11 possible spots)
- On-site laundry with owned machines for added income
Property Facts
| No. Units | 7 | Building Size | 7,384 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 0.95/1,000 SF |
| Lot Size | 0.19 AC | ||
| Zoning | SMR2 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 7,384 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 0.95/1,000 SF |
| Zoning | SMR2 |
Amenities
Unit Amenities
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Yard
- Breakfast Nook
- Built-In Bookshelves
- Deck
- Dining Room
- Framed Mirrors
- Garden
- Handrails
- Lawn
- Pantry
- Patio
- Vinyl Flooring
Site Amenities
- Laundry Facilities
- Picnic Area
- Gated
- Pet Play Area
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 6 | $2,409 | 1,000 |
| 3+3 | 1 | $5,150 | 1,384 |
Property Taxes
| Parcel Number | 4267-027-007 | Improvements Assessment | $1,207,005 |
| Land Assessment | $2,844,013 | Total Assessment | $4,051,018 |
Property Taxes
Parcel Number
4267-027-007
Land Assessment
$2,844,013
Improvements Assessment
$1,207,005
Total Assessment
$4,051,018
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