1447 Franklin Street 5, Santa Monica, California 90404, Santa Monica, 90404 - 2 bed, 2 bath
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Santa Monica, California 90404
This Sophisticated Top-Floor Santa Monica Residence is listed at $745,000, representing a stable and fair entry point into a premier coastal market near its $732,326 Fair Market Value. Boasting a Condition Rating of 3, the move-in-ready interior features dark wood floors, a modern kitchen, and a private balcony to enjoy ocean breezes. Situated in the prestigious Santa Monica-Malibu Unified School District near Erewhon and Montana Avenue, the property includes rare two covered parking spaces and free laundry. This is an ideal sanctuary for young professionals or first-time buyers seeking a turnkey Westside lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1447 Franklin Street 5 Subject | $699,000* List Price | 2 | 2 | 888 | $809 | - |
A 1447 Stanford Street C Sold | $810,000 | 2 | 2 | 1,030 | $786 | 0.2 mi |
B 2624 Kansas Avenue 11 Sold | $731,000 | 2 | 2 | 949 | $770 | 0.9 mi |
C 1327 Stanford Street 3 Sold | $765,000 | 2 | 1 | 988 | $774 | 0.2 mi |
D 1337 Berkeley Street 7 Active | $899,000 List Price | 2 | 2 | 1,036 | $868 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The unit is well-maintained and move-in ready with significant cosmetic updates. It features updated dark wood flooring throughout and a refreshed kitchen with painted cabinetry and modern open shelving. While the tile countertops and white appliances suggest the renovation is not brand new (likely 5-15 years old), the overall condition is functional and clean, far exceeding the 'Fair' category for a 1975 build.
The property is ideally situated near high-end amenities like Erewhon and Montana Avenue, offering residents a premier Westside lifestyle with world-class dining and shopping just minutes away.
Being a top-floor unit ensures a quieter environment with no overhead neighbors, while the open-concept design and private balcony maximize the natural light and ocean breezes.
The unit includes two dedicated parking spaces in a secure garage and free laundry facilities, providing rare and highly sought-after convenience in the Santa Monica market.
At 888 square feet for a two-bedroom, two-bathroom unit, the living space may feel tight for buyers accustomed to more generous proportions or extensive storage needs.
The property does not offer any significant views, which may be a disadvantage for buyers looking to capitalize on the scenic potential of a Santa Monica coastal location.
Charming and impeccable 2-bedroom, 2-bath top-floor condo in a prime Santa Monica location. This inviting unit features an open-concept living area with rich dark wood floors, a cozy fireplace, and sliding glass doors that lead to a private balcony perfect for the plant enthusiast, your hummingbird feeders or just enjoying some fresh air and ocean breezes. A dedicated dining area is ideal for everyday meals or intimate gatherings. The sunny kitchen is modern and functional, featuring ample cabinetry, tile countertops, stylish open shelving, and plenty of storage. Both bedrooms are generously sized, including a spacious primary suite with abundant natural light, a walk-in closet, and an ensuite bath. The second bedroom offers flexibility for guests, family, or a home office and includes generous closet space. A second full bathroom provides convenience for guests and the secondary bedroom. Additional highlights include a well-designed layout, modern finishes, and a calm, airy ambiance throughout. Ideally situated near neighborhood favorites like Erewhon, Dogtown Coffee, Philz Coffee, and Milo & Olive, with easy access to the shops and dining along Montana Avenue. The unit also includes two covered parking spaces in a secure garage, plus free laundry. Enjoy being just minutes from the beach, Palisades Park, and all the best of Westside living. Seller states HOA will allow the installation of HVAC and washer/dryer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 888 | 1,187 | 34% |
| Lot Size | 7,579 | 7,997 | 41% |
| Price | $699.0K | $838.5K | 17% |
| Price per sq ft | $787 | $774 | 59% |
| Built year | 1975 | 1973 | 55% |
| HOA | $432.0 | $425 | 52% |
| Days on market | 37 | 151 | 3% |
May 17, 2026
$699,000
$745,000
-6% Price Drop
Initial Listing
Apr 30, 2026
$745,000
Initial Listing
Mar 18, 2021
$740,000
Public Record
May 27, 1994
$160,000
Public Record