Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

5

Building size

3,486 sqft

Lot size

7,805 sqft

Year built

1944

Stories

0

Heating

Wall Furnace

Status

Active

Days on market

193

MLS #

238336367

About this property

The property located in a heart of Santa Monica, close to many shops, restaurants and entertainment establishments, and Santa Monica Beach. Stable occupancy and income stream with substantial up side potential (approximately 32% below the market rent). 1) High Demand Rental Area with Quiet Neighborhood, 2) On-Site Laundry Room for additional income, and 3) Two units have updated with new kitchen and bathrooms

Location

1430 Franklin Street

Santa Monica, Los Angeles, CA, 90404