1541 Franklin Street 2, Santa Monica, California 90404, Santa Monica, 90404 - 3 bed, 3 bath

1541 Franklin Street 2, Santa Monica, California 90404 home-pic-0
ACTIVE$1,500,000
1541 Franklin Street 2, Santa Monica, California 90404
3Beds
3Baths
1,618Sqft
Lot
Year Built
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$927
HOA
-
Days on market
-
Sold On
-
MLS number
25495981
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Deck
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $1.50M(87th), sqft - 1618(81th), beds - 3(71th), baths - 3(55th).

[Rent-to-Own Options Available!] Experience modern living in this newly constructed townhome in a prime Santa Monica location! One of just five exclusive units, this 1,618-square-foot residence offers 3 bedrooms, plus a den, 3 baths, and stylish finishes throughout. Three bedrooms are located on the second floor. The open-concept main level boasts a sleek kitchen with brand-new stainless steel appliances, a living area, a den, and a full bath for guests. Enjoy the convenience of an in-unit full-size stackable washer and dryer.The crown jewel of this home is the expansive rooftop deck, offering breathtaking panoramic views, perfect for entertaining or simply soaking in the beauty of Santa Monica. Additional highlights include subterranean side-by-side parking with an elevator to street level for easy access.Ideally located near trendy shops, renowned restaurants, Whole Foods Market, and iconic attractions like Third Street Promenade and Santa Monica Beach, this home places you at the center of it all. It's also situated in an award-winning school district and close to top medical facilities, making it an exceptional choice for any lifestyle.Don't miss this rare opportunity to own a contemporary coastal retreat in one of LA's most sought-after neighborhoods!

Price History

Date
Event
Price
01/31/03
Sold
$2,000,000
Condition Rating
Excellent

This property is described as a 'newly constructed townhome' with 'brand-new stainless steel appliances' and 'stylish finishes throughout'. The images confirm a pristine, modern aesthetic with a sleek kitchen featuring white flat-panel cabinetry, quartz countertops, and contemporary fixtures. Bathrooms are equally modern with new vanities, tiled showers, and up-to-date lighting. The flooring, a mix of wide plank LVP/engineered wood and new carpeting, is in excellent condition. All elements indicate a property that is virtually new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' score criteria.
Pros & Cons

Pros

Prime Santa Monica Location: Situated in a highly sought-after Santa Monica neighborhood, offering unparalleled access to trendy shops, renowned restaurants, Whole Foods Market, Third Street Promenade, Santa Monica Beach, award-winning schools, and top medical facilities.
Newly Constructed & Modern Design: This newly constructed townhome features stylish finishes throughout, an open-concept main level, a sleek kitchen with brand-new stainless steel appliances, and a versatile den, providing a contemporary and move-in ready living experience.
Expansive Rooftop Deck with Panoramic Views: The property boasts a crown-jewel expansive rooftop deck, offering breathtaking panoramic views (including mountains) perfect for entertaining or enjoying the Santa Monica scenery.
Exclusive & Low-Density Community: As one of just five exclusive units, this townhome offers a sense of privacy and a more intimate community feel compared to larger developments.
Convenient Amenities & Flexible Options: Includes practical features like an in-unit full-size stackable washer and dryer, subterranean side-by-side parking with an elevator, and attractive rent-to-own options, broadening its appeal to various buyers.

Cons

HOA Fees and Restrictions: As a townhome/condominium, the property is subject to Homeowners Association (HOA) fees and potential rules or restrictions, which can add to monthly expenses and limit personal modifications.
Limited Private Ground-Level Outdoor Space: While featuring an impressive rooftop deck, the property description does not mention any private ground-level yard or patio, which some buyers may prefer for outdoor living.
Potential for Noise/Privacy Concerns: Being one of five units in a multi-unit building in a dense urban area, despite its exclusivity, may lead to shared wall noise or less privacy compared to a detached single-family home.

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