RealKey
‪(213) 433-7766‬

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

1541 Franklin Street 3, Santa Monica, California 90404 home-pic-0
ACTIVE$1,500,000
1541 Franklin Street 3, Santa Monica, California 90404
3Beds
3Baths
1,602Sqft
Lot
Year Built
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$936
HOA
-
Days on market
-
Sold On
-
MLS number
25495993
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 - 1602(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 1,602 -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 is a newly constructed townhome, as explicitly stated in the description, featuring stylish, modern finishes throughout. The kitchen boasts brand-new stainless steel appliances, sleek white shaker cabinets, and contemporary lighting. Bathrooms are equally modern with new vanities, fixtures, and tiling. All flooring, including hardwood/laminate in living areas and carpet in bedrooms, appears new and in pristine condition. The property meets current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Prime Santa Monica Location: Situated in a highly desirable Santa Monica location, offering unparalleled access to trendy shops, renowned restaurants, Whole Foods, Third Street Promenade, Santa Monica Beach, award-winning schools, and top medical facilities.
Newly Constructed & Modern Design: This is a newly constructed townhome featuring stylish finishes throughout, an open-concept main level, and a sleek kitchen with brand-new stainless steel appliances, ensuring a contemporary and low-maintenance living experience.
Expansive Rooftop Deck with Panoramic Views: The property boasts an expansive rooftop deck that provides breathtaking panoramic views, including mountains, offering an exceptional space for entertaining or relaxation.
Convenient Parking & Accessibility: Includes subterranean side-by-side parking with direct elevator access to street level, a significant convenience in a dense urban environment like Santa Monica.
Flexible Financing Options: The availability of 'Rent to Own Options' significantly broadens the potential buyer pool, making this exclusive property accessible to a wider range of prospective homeowners.

Cons

High Price Point: With a list price of $1.5 million, this property represents a substantial investment, which may limit the pool of eligible buyers despite its prime location and amenities.
Condominium/Townhome Structure: As one of five exclusive units in a townhome/condominium complex, it likely entails Homeowners Association (HOA) fees and shared common areas, which may not appeal to buyers seeking a completely independent single-family home.
Lack of Private Ground-Level Outdoor Space: While featuring an expansive rooftop deck, the property lacks a traditional private yard or garden, which some buyers, particularly those with pets or young children, may prefer.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state