1659 Franklin Street 6, Santa Monica, California 90404, Santa Monica, 90404 - 2 bed, 2 bath
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Santa Monica, California 90404
This Stylish Top-Floor Condominium is a High-Potential Investment Opportunity, listed at $799,000—positioned well below the $831,862 Fair Market Value by 3%. This valuation gap provides $32,862 in Instant Equity. Boasting a Condition Rating of 3, the home features modern wide-plank flooring, updated bathroom finishes, and two private sun-soaked patios. Located moments from the Water Garden and Colorado Center, it offers high rental demand and lifestyle convenience. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset in a prime Santa Monica pocket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1659 Franklin Street 6 Subject | $799,000* List Price | 2 | 2 | 1,042 | $798 | - |
A 1447 Stanford Street C Sold | $810,000 | 2 | 2 | 1,030 | $786 | 0.3 mi |
B 2624 Kansas Avenue 11 Sold | $731,000 | 2 | 2 | 949 | $770 | 0.7 mi |
C 1315 Stanford Street 7 Sold | $905,000 | 2 | 2 | 971 | $932 | 0.5 mi |
D 2241 Virginia Avenue 11 Sold | $825,000 | 2 | 2 | 1,006 | $820 | 0.8 mi |
E 1440 23rd Street 313 Active | $835,000 List Price | 2 | 2 | 970 | $861 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been tastefully refreshed with modern wide-plank flooring, recessed lighting, and updated bathroom finishes including marble-look tile and vanities. While the 1963 building age is reflected in the kitchen's tile countertops and the presence of some vintage floor tiling in the secondary bathroom, the unit features functional updates like stainless steel appliances and a wall-mounted mini-split climate control system. It is well-maintained with no visible deferred maintenance.
Situated in a highly desirable Santa Monica pocket, the property offers exceptional proximity to major employment hubs like the Water Garden and Colorado Center, as well as Bergamot Station for easy commuting.
Rare for a condominium, this unit features two private, sun-soaked patios that provide significant additional living space for alfresco dining and gardening, enhancing the indoor-outdoor lifestyle.
As a top-floor, south-facing unit with a private entrance, the home maximizes natural light and privacy, creating a bright and airy atmosphere that is highly sought after in multi-unit buildings.
The property relies on shared on-site laundry facilities rather than in-unit hookups, which may be a convenience drawback for modern buyers in this price segment.
Built in 1963, the property may lack modern energy-efficient upgrades or central climate control systems, potentially leading to higher utility considerations compared to newer developments.
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 | 1,036 | 50% |
| Lot Size | 7,487 | 8,104 | 24% |
| Price | $799.0K | $831.8K | 44% |
| Price per sq ft | $767 | $802 | 35% |
| Built year | 1963 | 1971 | 32% |
| HOA | $406.0 | $400 | 53% |
| Days on market | 34 | 175 | 3% |
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