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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
$200
Days on market
-
Sold On
-
MLS number
25536961
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Deck
Patio
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 1,618-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 with modern design and finishes throughout. The kitchen features brand-new stainless steel appliances, sleek grey shaker cabinets, and white countertops. Bathrooms appear new with contemporary fixtures. All visible components, including flooring (hardwood-style laminate) and lighting (recessed), are in pristine condition, indicating no deferred maintenance and meeting current quality standards.
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 unparalleled convenience and lifestyle.
New Construction & Modern Design: As a newly constructed townhome, it features stylish finishes throughout, an open-concept main level, and a sleek kitchen with brand-new stainless steel appliances, ensuring a move-in ready and contemporary living experience.
Expansive Rooftop Deck with Panoramic Views: The property boasts a crown-jewel expansive rooftop deck offering breathtaking panoramic views, perfect for entertaining and enjoying the Santa Monica scenery.
Convenient & Secure Parking: Includes subterranean side-by-side parking with an elevator to street level, providing highly sought-after convenience and security in a dense urban environment.
Flexible Ownership & Exclusivity: The availability of Rent-to-Own options broadens the buyer pool, while being one of only five exclusive units enhances its unique appeal and potential for appreciation.

Cons

Association Fees: The property is subject to ongoing monthly association fees ($200.0), which adds to the overall cost of ownership and reduces affordability.
Townhome/Condo Structure: As a townhome/condominium, it likely involves shared walls and adherence to HOA rules and regulations, potentially offering less privacy and autonomy compared to a single-family home.
Lack of Private Ground-Level Yard: While featuring an expansive rooftop deck, the property does not appear to offer a traditional private ground-level yard or garden, which some buyers may prefer for pets or outdoor activities.

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