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    1625 Franklin St

    Santa Monica, CA 90404
    • $2,895,000
    • STATUS: Pending
    • ON SITE: 35 days
    • ID#: 20-653330
    Pending
    $2,895,000
    • 12
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,367
      SQFT
    • $455
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:
    Area:

    School Ratings & Info

    Description

    Attention all investors. Five unit building in great Santa Monica location. Front unit is a vacant and updated three bedroom, two and a half bathroom town home with direct access from a private garage and in unit laundry room. The rear unit is a four bedroom, two bathroom unit. There are 2 two bedroom, two bathroom units (1 delivered vacant) and 1 one bedroom one bathroom unit, all of which have been remodeled over time. Major upgrades include: completed soft story retrofitting. New roof in 2010. New sewer line, copper plumbing re-pipe and tankless water heaters in 2013. Shared laundry room and 9 onsite parking spaces.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-04T23:42:28.223. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/111498479
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    1625 Franklin St Santa Monica, CA 90404

    • Price: $2,895,000
    • Status: Pending
    • ID#: 20-653330
    12
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    6,367
    SQFT
    $455
    $/SQFT
    1972
    Built
    Neighborhood:
    Santa Monica
    County:
    Los Angeles
    Area:
    Santa Monica
    Property Description
    Attention all investors. Five unit building in great Santa Monica location. Front unit is a vacant and updated three bedroom, two and a half bathroom town home with direct access from a private garage and in unit laundry room. The rear unit is a four bedroom, two bathroom unit. There are 2 two bedroom, two bathroom units (1 delivered vacant) and 1 one bedroom one bathroom unit, all of which have been remodeled over time. Major upgrades include: completed soft story retrofitting. New roof in 2010. New sewer line, copper plumbing re-pipe and tankless water heaters in 2013. Shared laundry room and 9 onsite parking spaces.
    Exterior Features

    Lot Size Area 6462 Other Structures None Parking Garage Carport Attached Style Bungalow Total Parking 9 View Description Other View YN Yes

    Interior Features

    Baths Total 9.00 Common Walls Attached Cooling Other Equipment Other Heating Radiant Laundry Room

    Property Features

    Assessed Total Value 261064 Gross Income 177815 Gross Operating Income 177815 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 119348.00 Number Of Buildings 1 Number Of Units 5 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 58467 Type Of Units Multifamily Year Built Source Vendor Enhanced Zoning Smr2*

    Listing provided courtesy of Gavin Fleminger DRE#01240692 of Nourmand & Associates-Bw.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-04T23:42:28.223. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211