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Listing 8 out of 206
Sold for $1,600,000 Sold

1712 Franklin Street
Santa Monica, CA 90404

8 beds | Residential Income
4,340 sq ft - MLS# 19441754
Property Photo

Sold

Sold for $1,600,000 on Apr 19, 2019

Description

Great opportunity to own a multi-unit complex in prime Santa Monica, walking distance to restaurants, shops and lots of tech companies! This complex consists of four units in a large 4,340 square foot structure with laundry room and 4 parking spaces. Rare for this area, are three Townhouse Units 2BR/1.25BA in the front of the building with one single story 2BR/1BA unit over the garage. The building has been well taken care of and the front owners unit has been remodeled and will be delivered vacant. Front owners unit can be shown with appointment. Property is located on a quiet tree lined street with lots of new developments close by. Don't miss out on this amazing opportunity!

Features

  • Property Type: Residential Income
  • Sub Type: Fourplex
  • Listing Status: Closed
  • Listing Price: $1,899,000
  • County/Area: Los Angeles County
  • Zip Code: 90404
  • Year Built: 1963
  • Subdivision/Neighborhood: Santa Monica (C14)
  • Sq.Ft.: 4,340 sq ft
  • Stories: 2-Story
  • Bedrooms: 8
  • # of Parking Spaces: 4
  • Zoning: SMR2*
  • Adjusted Gross Income: 31692.00
  • Agent License Number: 01875162
  • Appliances: Dishwasher, Freezer, Refrigerator
  • City Code: 10000054288
  • Cooking Appliances: Range
  • Expense Total Annual: 8405.00
  • Gross Operating Income: 31692.00
  • Heating Fuel: Wall Gas
  • Heating Type: Wall Gas
  • Lot Size SQ FT: 4528
  • Lot Size Source: Vendor Enhanced
  • Net Operating Income: 23287.00
  • Number Of Buildings: 1
  • Parking Type: Carport Attached
  • Selling Agent: Nonmember Agentdefault
  • Selling Office: Nonmember Officedefault
  • Sold Price Per Sqft: 368.66
  • Square Footage Source: Vendor Enhanced
  • Total Floors: 2
  • Unit Furnished01: Unfurnished
  • Unit Furnished02: Unfurnished
  • Unit Furnished03: Unfurnished
  • Unit Furnished04: Unfurnished
  • Unit Furnished05: Partially
  • Unit Furnished06: Partially
  • Unit Furnished07: Partially
  • Unit Furnished08: Partially
  • Unit Furnished09: Partially
  • Unit Furnished10: Partially
  • Unit Furnished11: Partially
  • Unit Furnished12: Partially
  • Unit Furnished13: Partially
  • Unit Monthly Rent02: 946.00
  • Unit Monthly Rent03: 875.00
  • Unit Monthly Rent04: 818.00
  • Unit Number Of Bath01: 1.25
  • Unit Number Of Bath02: 1.25
  • Unit Number Of Bath03: 1.25
  • Unit Number Of Bed01: 2
  • Unit Number Of Bed02: 2
  • Unit Number Of Bed03: 2
  • Unit Number Of Bed04: 2
  • Units In Complex: 4
  • h: 1.0
  • Sold Date: 2019-04-19 00:00:00
Courtesy of Keller Williams-Santa Monica, Raymond A. Lyon (CalBRE: 01875162)

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Tom Swanson
Exclusive Realty, Inc.
2945 Westwood Blvd
Los Angeles, CA 90064
Phone: 310-702-8559
Email: Tom@WestsideTom.com

Testimonials

Tom Swanson represented me in a very successful real estate purchase last year. Tom paid close attention to my property selection criteria and saved me a great deal of time by only sharing listings that met my criteria. Once we found the desired property, Tom moved quickly to submit my offer, facilitate removal of contingencies, negotiate terms and concessions, and ultimately close the deal for under asking price. I have referred Tom to several family and friends and have engaged him to assist me with the pursuit of my next real estate purchase mitchnahass
Tom is not only a leader to his agents and an amazing professional. He is the kind of person who changes the face of Real Estate by his kindness, his courtesy and his entrepreneurial spirit. He always finds time to make himself available when you need him. Anaik Levy
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