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 UNDER CONTRACT$559,000
1524 Franklin Street B, Santa Monica, California 90404
1Bed
1Bath
579Sqft
8,104Lot
Year Built
1970
Close
-
List price
$559K
Original List price
$599K
Price/Sqft
$965
HOA
$322
Days on market
-
Sold On
-
MLS number
25541541
Home ConditionExcellent
Features
Patio
ViewCourtyard

About this home

We found 3 Cons,5 Pros. Rank: price - $559.0K(16th), sqft - 579(6th), beds - 1(32th), baths - 1(39th).

Perfectly positioned near UCLA and Santa Monica College, this beautifully remodeled one-bedroom, one-bathroom condo offers the ultimate in Westside living blending comfort, style, and exceptional convenience. Nestled in a prime Santa Monica location, you'll enjoy easy access to world-class education, the beach, and vibrant shopping, dining, and entertainment destinations.Welcome to this sun-drenched, open-concept living space featuring an airy layout with expansive windows that flood the home with natural light. The modern kitchen is designed for both functionality and flair, showcasing sleek countertops, generous cabinetry, and a breakfast bar ideal for casual meals or hosting friends.The spacious bedroom provides a serene retreat, while the updated bathroom adds a touch of luxury. Additional highlights include in-unit laundry, an outdoor entry area, perfect for morning coffee or evening relaxation, a gated garage parking space with extra storage, and secure front and rear building access.Whether you're a student, professional, or simply seeking an ideal Santa Monica lifestyle, this turnkey residence offers it all minutes from the beach, Brentwood, UCLA, SMC, and the best of the Westside.

Price History

Date
Event
Price
08/16/25
Price Change
$559,000
05/22/25
Listing
$599,000
11/07/23
Sold
$604,500
04/07/17
Sold
$555,000
05/05/06
Sold
$460,000
06/23/99
Sold
$109,000
Condition Rating
Excellent

Despite being built in 1970, the property has been beautifully and extensively remodeled, likely within the last 5 years given its 2023 sale date. The kitchen features modern white shaker cabinetry, sleek light gray countertops, a subway tile backsplash, and clean white appliances (microwave, gas range, refrigerator). The bathroom is also updated with a modern vanity, mirror, and light fixture. New LVP flooring runs throughout the living areas, and the overall aesthetic is fresh, clean, and move-in ready, meeting current quality standards with virtually new components.
Pros & Cons

Pros

Exceptional Location: Prime Santa Monica positioning offering unparalleled access to UCLA, SMC, beaches, and vibrant urban amenities, appealing to a diverse demographic.
Turnkey & Modern Interior: Beautifully remodeled with an open-concept layout, modern kitchen, and updated bathroom, providing a move-in ready and stylish living experience.
Valuable Condo Amenities: Includes highly desirable features such as in-unit laundry, a private outdoor entry area, gated garage parking with extra storage, and secure building access.
Broad Buyer Appeal: The property's location and features cater effectively to students, professionals, and those seeking the Santa Monica lifestyle, indicating strong market demand.
Competitive Pricing: A recent price reduction from $599,000 to $559,000 enhances its market attractiveness and value proposition, especially compared to its 2023 sale price.

Cons

Compact Living Space: At 579 square feet, the unit offers limited living area, which may not appeal to buyers seeking more expansive accommodations.
Ongoing HOA Dues: The $322.0 monthly association fee adds a recurring cost to homeownership, which must be factored into a buyer's budget.
Building Age: Constructed in 1970, the building is over five decades old, potentially raising concerns about long-term maintenance or future capital expenditures for common areas.

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