1524 Franklin Street B, Santa Monica, California 90404, Santa Monica, 90404 - 1 bed, 1 bath

1524 Franklin Street B, Santa Monica, California 90404 home-pic-0
ACTIVE$605,000
1524 Franklin Street B, Santa Monica, California 90404
1Bed
1Bath
579Sqft
8,104Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: Situated in highly desirable Santa Monica, the property offers exceptional convenience, being just minutes from the beach, shopping, dining, and entertainment.
Top Cons:
Compact Living Space: With 579 square feet, the unit offers limited living space, which may be a constraint for buyers seeking more room or long-term flexibility.

Compared to the nearby listings

Price:$605.0K vs avg $905.0K ($-300,000)26%
Size:579 sqft vs avg 1,009 sqft6%
Price/sqft:$1.0K vs avg $82997%

More Insights

Built in 1970 (55 years old).
Condition: The condo boasts an extensively remodeled interior, featuring a modern, updated kitchen with stone quartz countertops and new appliances, an updated bathroom, and new hardwood floors throughout. These recent renovations ensure all components are new or virtually new, meeting current quality standards and making the property move-in ready with no deferred maintenance.
Year Built
1970
Close
-
List price
$605K
Original List price
$635K
Price/Sqft
$1,045
HOA
$322
Days on market
-
Sold On
-
MLS number
25492539
Home ConditionExcellent
Features
Patio
ViewCourtyard

About this home

Welcome to this charming remodeled one bedroom, one bathroom condo located in Santa Monica, offering the perfect blend of comfort and convenience. Featuring an open concept living area, the unit boasts a spacious layout with lots of windows allowing for ample natural light. The updated kitchen is equipped with stone quartz countertops, appliances, ample storage, and a breakfast bar making it ideal for both cooking and entertaining. The generously sized bedroom offers a peaceful retreat, with an updated bathroom, new hardwood floors throughout. In unit laundry, and a nice outdoor patio off the entrance. One car gated parking space with a storage area and secured front & back entrance to the building. All just minutes from the beach, shopping, dining, and entertainment.

Price History

Date
Event
Price
06/23/99
Sold
$109,000
11/07/23
Sold
$604,500
04/07/17
Sold
$555,000
05/05/06
Sold
$460,000
Condition Rating
Excellent

The condo boasts an extensively remodeled interior, featuring a modern, updated kitchen with stone quartz countertops and new appliances, an updated bathroom, and new hardwood floors throughout. These recent renovations ensure all components are new or virtually new, meeting current quality standards and making the property move-in ready with no deferred maintenance.
Pros & Cons

Pros

Prime Coastal Location: Situated in highly desirable Santa Monica, the property offers exceptional convenience, being just minutes from the beach, shopping, dining, and entertainment.
Modern, Remodeled Interior: The condo boasts a charming, extensively remodeled interior, including an updated kitchen with stone quartz countertops, an updated bathroom, and new hardwood floors throughout, offering a move-in ready experience.
Convenient In-Unit Amenities: Features such as in-unit laundry and a private outdoor patio off the entrance significantly enhance daily living comfort and appeal for condo dwellers.
Secure & Dedicated Parking: The property includes a one-car gated parking space with a storage area, along with secured front and back building entrances, providing peace of mind and added convenience.
Abundant Natural Light: An open-concept living area with numerous windows ensures ample natural light, creating a bright and inviting atmosphere within the unit.

Cons

Compact Living Space: With 579 square feet, the unit offers limited living space, which may be a constraint for buyers seeking more room or long-term flexibility.
Ongoing Association Fees: The monthly association fee of $322 adds a recurring cost to homeownership, which needs to be factored into the overall budget.
Building Age: Built in 1970, the building is over 50 years old, which could potentially lead to higher maintenance costs or future special assessments for common area repairs and upgrades, despite the unit's interior renovations.

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