1447 Franklin Street 4, Santa Monica, California 90404, Santa Monica, 90404 - 3 bed, 2 bath
1447 Franklin Street 4
Santa Monica, California 90404
Property Price
SUMMARY
Analysis of 1447 Franklin Street 4, Santa Monica, California 90404 is currently available with a list price of $749,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property is in its original 1975 condition and has not been renovated in 50 years. The listing description explicitly identifies it as a 'clean slate' requiring a full renovation. The kitchen, bathrooms, flooring, and appliances are all original to the build date and require substantial rehabilitation to meet modern living standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Santa Monica Location
Situated on a desirable tree-lined street with exceptional walkability, this property offers a premium coastal lifestyle in a highly sought-after neighborhood.
- Significant Value-Add Potential
Offered in original condition for the first time in 50 years, this unit serves as a 'blank slate' for investors or homeowners to build immediate equity through a custom renovation.
- Excellent Natural Light
The second-floor positioning and west-facing balcony ensure the living spaces are bathed in natural light, enhancing the overall atmosphere and appeal of the home.
CONSRISKS & DEFICIENCIES
- Extensive Updating Required
The property is in its original 1975 state, requiring a substantial capital investment to modernize the kitchen, bathrooms, and overall interior finishes.
- Dated Building Infrastructure
Built in 1975, the building may lack the modern amenities, energy-efficient systems, and contemporary common areas found in newer luxury condominium developments.
About 1447 Franklin Street 4
For the first time in half a century, this 3-bedroom, 2-bath Santa Monica condo is ready for its next chapter. On a tree-lined street, it's on the second floor of a classic 1970s building with a west-facing balcony. The home is bathed in natural light and filled with potential. Its original condition provides a rare opportunity to renovate from a clean slate--design the kitchen you've always wanted, open up the living space, or craft a serene primary suite.With incredible walkability and endless possibilities, this is the opportunity to create a modern retreat exactly the way you've imagined.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1975
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $506.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,252 | 1,030 | 52% |
| Lot Size | - | 9,247 | 14% |
| Price | $749.0K | $825.0K | 38% |
| Price per sq ft | $598 | $801 | 3% |
| Built year | 1975 | 1972 | 62% |
| HOA | $506.0 | $400 | 79% |
| Days on market | 37 | 182 | 3% |
Pricing History
Listed for Sale
Feb 11, 2026
$749,000
$850,000
-12% Price Drop
Initial Listing
Price Change
Jan 28, 2026
$850,000
Initial Listing