1541 Franklin Street 5, Santa Monica, California 90404, Santa Monica, 90404 - 3 bed, 3 bath

1541 Franklin Street 5, Santa Monica, California 90404 home-pic-0
ACTIVE$1,250,000
1541 Franklin Street 5, Santa Monica, California 90404
3Beds
3Baths
1,321Sqft
Lot
Year Built
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$946
HOA
-
Days on market
-
Sold On
-
MLS number
25496013
Home ConditionExcellent
Features
Excellent View: Mountain(s)
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $1.25M(80th), sqft - 1321(57th), beds - 3(73th), baths - 3(57th).

[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 1,321-square-foot residence offers 3 bedrooms, 2.5 baths, and stylish finishes throughout. The open-concept main level boasts a sleek kitchen with brand-new stainless steel appliances, a living area, and a powder room for guests. Enjoy the convenience of an in-unit full-size stackable washer and dryer upstairs off the three bedrooms, including a primary suite. 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, explicitly stated in the description and confirmed by the pristine condition visible in all images. The kitchen features sleek, brand-new stainless steel appliances, modern white flat-panel cabinetry, and subway tile backsplash. Bathrooms are equally modern with new vanities, fixtures, and tiled showers. Hardwood flooring, recessed lighting, and contemporary finishes are consistent throughout, indicating all components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Santa Monica Location: The property boasts an exceptional location in Santa Monica, offering proximity to trendy shops, renowned restaurants, Whole Foods Market, Third Street Promenade, Santa Monica Beach, an award-winning school district, and top medical facilities.
Newly Constructed & Modern Design: As a newly constructed townhome, it features stylish finishes throughout, an open-concept main level, and a sleek kitchen equipped with brand-new stainless steel appliances, appealing to buyers seeking contemporary, move-in ready living.
Expansive Rooftop Deck with Panoramic Views: A significant luxury amenity is the expansive rooftop deck, providing breathtaking panoramic views perfect for entertaining or enjoying the Santa Monica scenery.
Exclusive, Low-Density Community: Being one of just five exclusive units, the property offers a sense of privacy and exclusivity, differentiating it from larger, more densely populated condominium complexes.
Convenient Amenities & Parking: The residence includes practical conveniences such as an in-unit full-size stackable washer and dryer, and subterranean side-by-side parking with elevator access to street level.

Cons

Condominium/Townhome Structure: As a townhome/condominium, the property likely involves HOA fees (not specified in description), shared walls, and potential community restrictions, which may not appeal to all buyers seeking complete autonomy.
Limited Private Ground-Level Outdoor Space: While featuring an impressive rooftop deck, the description does not mention any private ground-level yard or patio, which some buyers may desire for direct outdoor access from living areas.
Potential for Noise/Privacy Concerns: Being one of five attached units, there is an inherent potential for shared wall noise or reduced privacy compared to a detached single-family home.

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