1659 Franklin Street 6, Santa Monica, California 90404, Santa Monica, 90404 - 2 bed, 2 bath
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Santa Monica, California 90404
This 2-bedroom Condominium represents a Strong Value Opportunity, listed at $725,000—positioned well below the $749,706 Fair Market Value by 3%. This valuation gap provides $24,706 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the unit is move-in ready with potential for cosmetic updates to the kitchen. With a top-floor layout, private patios, and a City Lights view, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a prime Santa Monica location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1659 Franklin Street 6 Subject | $725,000* List Price | 2 | 2 | 1,042 | $714 | - |
A 1447 Franklin Street 5 Sold | $699,000 | 2 | 2 | 888 | $787 | 0.3 mi |
B 1447 Stanford Street C Sold | $810,000 | 2 | 2 | 1,030 | $786 | 0.3 mi |
C 1447 Franklin Street 4 Sold | $649,000 | 3 | 2 | 1,252 | $518 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the unit shows signs of a partial renovation that is now dated. While the flooring and recessed lighting appear newer, the kitchen features tumbled stone tile countertops and a backsplash style typical of the early 2000s (>20 years old). The property is well-maintained and move-in ready, but the kitchen and appliances require updates to meet modern standards.
Ideally situated near major employment hubs like the Water Garden and Colorado Center, as well as Bergamot Station, offering excellent walkability and transit access.
The south-facing, top-floor positioning combined with oversized windows and two private patios ensures maximum sunlight and a bright, airy atmosphere.
Priced at $725,000 for a 2-bedroom, 2-bathroom unit in Santa Monica, this property represents a strong entry-point or investment opportunity in a high-demand market.
The lack of in-unit laundry hookups may be a significant inconvenience for modern buyers accustomed to private laundry amenities.
With only a 1-car garage provided for a 2-bedroom residence, multi-car households will have to rely on permitted street parking.
Sunny, stylish, and perfectly positioned in Santa Monica, this top-floor 2-bedroom brings great energy and easy living. With a bright south-facing layout, the home feels cheerful, open, and quietly tucked away all at once. The spacious living and dining areas flow seamlessly, while two sun-soaked patios set the scene for morning coffee, alfresco dinners, or your dream herb garden. Both bedrooms are generously sized and drenched in natural light from oversized windows. Perks include on-site community laundry, a 1-car garage with storage, and tons of permitted street parking. Just moments from Water Garden, Colorado Center, Bergamot Station, Santa Monica Boulevard's shops and restaurants and more, this is dreamy Westside living!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,042 | 1,346 |
| Lot Size | 7,487 | 7,869 |
| Price | $725.0K | $1.33M |
| Price per sq ft | $696 | $977 |
| Built year | 1963 | 1978 |
| HOA | $406.0 | $500 |
| Days on market | 40 | 57 |
Jun 12, 2026
$725,000
Initial Listing
Sep 4, 2013
$520,005
Public Record
Mar 13, 2006
$171,000
Public Record
Apr 25, 2003
$338,000
Public Record