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
$200
Days on market
-
Sold On
-
MLS number
25535737
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 openconcept 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 fullsize 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 is a newly constructed townhome, as explicitly stated in the description. The images confirm a modern, sleek design throughout, including a kitchen with brand-new stainless steel appliances, contemporary grey cabinetry, and white countertops. The bathrooms feature new vanities, fixtures, and stylish tiling. All flooring appears new, and recessed lighting is prevalent. There are no signs of wear, tear, or outdated components, aligning perfectly with the 'Excellent' condition criteria for a recently built property.
Pros & Cons

Pros

Prime Santa Monica Location: Ideally situated near trendy shops, renowned restaurants, Whole Foods Market, Third Street Promenade, Santa Monica Beach, an award-winning school district, and top medical facilities, offering an exceptional lifestyle.
Newly Constructed & Modern Design: A newly constructed townhome featuring stylish finishes throughout, an open-concept main level, and a sleek kitchen with brand-new stainless steel appliances, appealing to buyers seeking contemporary, move-in ready living.
Expansive Rooftop Deck with Views: The crown jewel is an expansive rooftop deck offering breathtaking panoramic views, perfect for entertaining and enjoying the Santa Monica scenery.
Exclusive & Convenient Parking: One of just five exclusive units, the property includes subterranean side-by-side parking with an elevator to street level, providing premium convenience and security.
Flexible Financing Options: The availability of Rent-to-Own options significantly broadens the potential buyer pool, making the property accessible to a wider range of prospective homeowners.

Cons

Condominium Structure & Shared Walls: As a townhome within a condominium complex, it may offer less privacy than a detached single-family home and carries the potential for noise transfer from adjacent units.
Ongoing Association Fees: The property incurs a monthly association fee of $200.0, which adds to the overall cost of homeownership and must be factored into a buyer's budget.
Lack of Private Ground-Level Yard: While featuring an expansive rooftop deck, the property lacks a traditional private ground-level yard or green space, which some buyers may prefer for pets or outdoor activities.

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