John E Burge

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Listing provided courtesy of Andrew C. Lee- MLS# 26648747MLS Provider

1430 Franklin St #ASanta Monica, CA 90404

Multi-Family · 8 Beds · 3,486 Sq. ft. | 0.18 Acres
$2,300,000 Active

1430 Franklin St #A Overview

Time on Site:
143 days
Visits:
0

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

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1430 Franklin St #A Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,486
  • Price/Sq.ft. $660
  • Lot 0.18 Acres

Details

General

Income/Expenses

  • Gross Income: 160020
  • Net Operating Income: 103278.00

Building Information

  • Year Built: 1944

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Santa Monica

Tax Information

  • Tax Assessed Value: 2627944

General Information

  • Disclosures: As Is
  • Property Type: Residential Income
  • Zoning: SMR2*

Interior

Beds/Baths

  • Bathrooms Total: 5.00
  • Bedrooms Total: 8

General Information

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Levels: One
  • Living Area: 3486
  • Living Area Source: Vendor Enhanced
  • Stories: 0

Unit Information

  • Unit Number: A

Exterior

Parking Information

  • Parking Total: 4

Lot Information

  • Lot Size Acres: 0.1792
  • Lot Size Area: 7805
  • Lot Size Dimensions: 48x162
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 2

General Information

  • Number Of Units Total: 5
  • Other Structures: None

1430 Franklin St #A Neighborhood

Community

90404 (Santa Monica) Demographics

38
Median Age
11,596
Population Density (per sq. mile)
61%
College Educated
$75,610
Estimated Median Income
2,215
Estimated Total Home Owners
8,144
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1430 Franklin St #A Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1430 Franklin St #A Market Data

Based on the last 30 days in this zip code

$1,295,307
Average List Price
$900
Average Price per Square Foot
20
Properties Sold
76
Average Days on Market
130
Properties for Sale
Calculations provided by Reliance Network

1430 Franklin St #A History

Date Event Value Agent
6/17/2026Source: TheMLS (CLAW) Price Reduction
$2,300,000 -6.1%
2/6/2026Source: TheMLS (CLAW) Added to Database
February 06, 2026
10/6/2022Source: CRMLS Added to Database
October 06, 2022
6/24/2022Source: TheMLS (CLAW) Added to Database
June 24, 2022
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