1659 Franklin Street 6, Santa Monica, California 90404, Santa Monica, 90404 - 2 bed, 2 bath
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Santa Monica, California 90404
This Top-Floor Santa Monica Condominium represents a Prime Investment Opportunity, listed at $764,000—positioned well below the $799,000 Fair Market Value by 4%. This strategic valuation provides $35,000 in Instant Equity for the incoming buyer. Maintaining a Condition Rating of 3, the residence features two private patios, south-facing light, and a city lights view. Located moments from major Westside employment hubs like the Water Garden and Colorado Center, it balances lifestyle perks with financial upside. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a value-driven entry into Santa Monica.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1659 Franklin Street 6 Subject | $764,000* List Price | 2 | 2 | 1,042 | $733 | - |
A 1447 Stanford Street C Sold | $810,000 | 2 | 2 | 1,030 | $786 | 0.3 mi |
B 1337 Berkeley Street 6 Sold | $950,000 | 2 | 2 | 1,335 | $712 | 0.4 mi |
C 2624 Kansas Avenue 11 Sold | $731,000 | 2 | 2 | 949 | $770 | 0.7 mi |
D 1327 Stanford Street 3 Sold | $765,000 | 2 | 1 | 988 | $774 | 0.5 mi |
E 1222 Princeton Street 10 Sold | $580,000 | 2 | 1 | 757 | $766 | 0.7 mi |
F 1440 23rd Street 313 Active | $799,000 List Price | 2 | 2 | 970 | $824 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1963, the unit is well-maintained and move-in ready. It features updated light wood-look flooring, recessed lighting, and modern fixtures. The kitchen and baths appear to have been renovated approximately 15-20 years ago with stone tile countertops and white cabinetry; though slightly dated in style, they are functional and clean.
Ideally situated near major employment hubs like the Water Garden and Colorado Center, offering excellent walkability to Bergamot Station and local Westside amenities.
The unit features two private, sun-soaked patios, providing rare and versatile outdoor living areas for dining, gardening, and relaxation.
As a top-floor, south-facing unit with a private entrance and oversized windows, the home maximizes natural light while maintaining a quiet, secluded feel.
The property relies on community laundry facilities, which may be a significant inconvenience for buyers seeking modern, in-home amenities.
With 48 days on market and a recent price reduction from $799,000, the property has faced initial challenges in securing a buyer at its original valuation.
Sunny, stylish, and perfectly positioned in Santa Monica, this top-floor 2-bedroom brings great energy and easy living. With a private entrance and 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, weekend grilling, or your dream herb garden. Both bedrooms are generously sized and drenched in natural light from oversized windows. Perks include on-sitecommunitylaundry, a covered garage parking space with storage, andpermitted 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,042 | 1,187 | 48% |
| Lot Size | 7,487 | 7,997 | 19% |
| Price | $764.0K | $838.5K | 39% |
| Price per sq ft | $733 | $772 | 32% |
| Built year | 1963 | 1973 | 26% |
| HOA | $406.0 | $425 | 48% |
| Days on market | 87 | 152 | 19% |
May 6, 2026
$764,000
$799,000
-4% Price Drop
Initial Listing
Mar 19, 2026
$799,000
Initial Listing
Sep 4, 2013
$520,005
Public Record
Mar 13, 2006
$171,000
Public Record
Apr 25, 2003
$338,000
Public Record