1541 Franklin Street 4, Santa Monica, California 90404, Santa Monica, 90404 - 3 bed, 3 bath

1541 Franklin Street 4, Santa Monica, California 90404 home-pic-0
ACTIVE$1,400,000
1541 Franklin Street 4, Santa Monica, California 90404
3Beds
3Baths
1,499Sqft
Lot
Year Built
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$934
HOA
-
Days on market
-
Sold On
-
MLS number
25496007
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Deck
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $1.40M(84th), sqft - 1499(74th), 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 1,499-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 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 in the kitchen, featuring white shaker cabinets, light countertops, subway tile backsplash, and new appliances. Bathrooms are equally modern with sleek vanities, contemporary tiling, and glass shower enclosures. Flooring consists of new hardwood in living areas and fresh carpeting in bedrooms. All components appear virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a newly built property.
Pros & Cons

Pros

Prime Santa Monica Location: Ideally situated near trendy shops, renowned restaurants, Whole Foods, Third Street Promenade, Santa Monica Beach, and an award-winning school district, offering exceptional walkability and lifestyle.
Newly Constructed & Modern Design: As a newly constructed townhome with stylish finishes, an open-concept main level, sleek kitchen with new stainless steel appliances, and in-unit laundry, it offers a move-in ready, low-maintenance modern living experience.
Expansive Rooftop Deck with Views: The crown jewel is an expansive rooftop deck providing breathtaking panoramic views, perfect for entertaining or enjoying the Santa Monica scenery.
Flexible Rent-to-Own Options: The availability of rent-to-own options significantly broadens the potential buyer pool, offering an alternative path to homeownership.
Secure Subterranean Parking: Convenient subterranean side-by-side parking with elevator access to street level adds a layer of security and ease for residents.

Cons

Condominium Ownership Structure: As one of five exclusive units, it operates under a condominium structure, which typically involves HOA fees (not specified) and shared walls, potentially limiting privacy compared to a single-family home.
High Price Point: The $1.4 million list price, while reflective of the Santa Monica market, positions it at a premium, potentially narrowing the pool of eligible buyers.
Limited Private Ground-Level Outdoor Space: While featuring an impressive rooftop deck, the description does not indicate any additional private outdoor areas such as a yard or balcony directly accessible from living spaces, which some buyers may prefer.

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