1240 Franklin Street 3, Santa Monica, California 90404, Santa Monica, 90404 - 2 bed, 2 bath

1240 Franklin Street 3, Santa Monica, California 90404 home-pic-0
ACTIVE$995,000
1240 Franklin Street 3, Santa Monica, California 90404
2Beds
2Baths
1,264Sqft
8,132Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Santa Monica Location: Situated on a serene, tree-lined street in the heart of Santa Monica, offering unparalleled access to upscale dining, shopping, and amenities like Erewhon and Brentwood Country Mart.
Top Cons:
Lack of Views: The property description explicitly states 'view: None,' which may be a disadvantage for buyers seeking ocean or city views common in Santa Monica.

Compared to the nearby listings

Price:$995.0K vs avg $949.0K (+$46,000)55%
Size:1,264 sqft vs avg 1,264 sqft50%
Price/sqft:$787 vs avg $82042%

More Insights

Built in 1965 (60 years old).
Condition: Despite being built in 1965, the property has been 'beautifully remodeled' and 'recently renovated with premium finishes,' specifically highlighting the kitchen and bathrooms. The description mentions hardwood floors, smart home features, and in-unit laundry, indicating a comprehensive and high-quality update. This aligns with the 'excellent' criteria for properties extensively renovated within the last 5 years, where components are new or virtually new and meet current quality standards. The images (assumed to corroborate the description) would show modern, high-end finishes throughout.
Year Built
1965
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$787
HOA
$260
Days on market
-
Sold On
-
MLS number
25517617
Home ConditionExcellent
Features
View-

About this home

Welcome to a beautifully remodeled home tucked away on a serene, tree-lined street in the heart of Santa Monica. This residence exudes charm and functionality, making it a perfect oasis in one of L.A.'s most desirable neighborhoods. Step into the inviting living room, where a cozy fireplace sets the tone for warmth and comfort. Adjacent, the formal dining area offers an elegant space for hosting, while a versatile alcove provides the perfect spot for a home office or reading nook. The layout is thoughtfully crafted, seamlessly blending modern conveniences with classic details. Designed for contemporary living, this home boasts ample storage, an in-unit washer and dryer, and smart home-enabled features for ultimate convenience. Hardwood floors, Plantation shutters, and French doors lead to a private, enclosed balcony, perfect retreat for morning coffee or unwinding after a long day. The kitchen and bathrooms have been recently renovated with premium finishes, showcasing a balance of style and functionality. The home is part of a small, intimate complex with low HOA fees, ensuring a sense of community without added expense. Additional highlights include a secure one-car garage with gated access, providing peace of mind and convenience. Located just a short walk from Wilshire Blvd, this property offers easy access to local markets, trendy dining, and boutique shopping. This home is a rare combination of convenience, style, and tranquility, a true gem in Santa Monica! This impeccably updated condo is set in one of the best neighborhoods in Santa Monica, with Erewhon, Bristol Farms, Tartine, and the Brentwood Country Mart all less than ten minutes away.

Price History

Date
Event
Price
09/15/04
Sold
$509,000
Condition Rating
Excellent

Despite being built in 1965, the property has been 'beautifully remodeled' and 'recently renovated with premium finishes,' specifically highlighting the kitchen and bathrooms. The description mentions hardwood floors, smart home features, and in-unit laundry, indicating a comprehensive and high-quality update. This aligns with the 'excellent' criteria for properties extensively renovated within the last 5 years, where components are new or virtually new and meet current quality standards. The images (assumed to corroborate the description) would show modern, high-end finishes throughout.
Pros & Cons

Pros

Prime Santa Monica Location: Situated on a serene, tree-lined street in the heart of Santa Monica, offering unparalleled access to upscale dining, shopping, and amenities like Erewhon and Brentwood Country Mart.
Extensively Remodeled Interior: The home boasts recent, premium renovations in the kitchen and bathrooms, along with hardwood floors, plantation shutters, and smart home features, ensuring modern comfort and style.
Low HOA Fees & Intimate Community: Part of a small, intimate complex with exceptionally low HOA fees ($260/month), providing cost-effective living in a desirable area.
Private Outdoor Space & Parking: Features a private, enclosed balcony for relaxation and a secure one-car garage with gated access, adding convenience and value.
Functional & Charming Layout: Thoughtfully designed with a cozy fireplace, formal dining, a versatile alcove for a home office, and ample storage, blending classic charm with contemporary functionality.

Cons

Lack of Views: The property description explicitly states 'view: None,' which may be a disadvantage for buyers seeking ocean or city views common in Santa Monica.
Building Age: Constructed in 1965, the building's age, despite unit renovations, could imply older infrastructure or potential for future building-wide maintenance concerns.
Limited Parking: Offers only a secure one-car garage, which might be insufficient for households with multiple vehicles or frequent guests in a dense urban environment.

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