Check Availability

1502 Franklin Street

1502 Franklin Street, Santa Monica, CA 90404
Condo in Mid-City
Sold Jul 15, 2020
$500,000
$375,000 by Wall Street Mortgage Bankers L
Mortgage Due Aug 01, 2050
Sold Jul 28, 2004
$1,100,000
$1,000,000 by Richman Bry
Mortgage
1502 Franklin Street is a condo located in Mid-City, Santa Monica. The building was first built in 1930 and is 94 years old.

Interested in learning more about the building? There are many great amenities and features for residents in the building. See the full transaction history for 1502 Franklin Street below.

Mid-City, where 1502 Franklin Street is located, has a median asking price of $975,000 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Covered Parking
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1944
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,492
  • Total Building Area: 521
  • Building Area: 521
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 521
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 48922
  • Land Acres: 0.149
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=48922 LOT 1 CONDO UNIT 1502

Ownership

  • Current Owner : SPIVACK SETH
  • Previous Owner : BROADWAY BUNGALOWS LLC
  • Owner Before Previous Owner: 3120 BROADWAY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 701701

Zoning

  • Zoning: SMR2*

Geography

  • Assessors Map Reference: 41-C4
  • Subdivision Tract Number: 48922
  • Parcel: 4267-027-066
  • Lot: 1
  • Municipality: WEST /STA MONICA/SWLA
  • Latitude: 34.0362
  • Longitude: -118.467

    Address

  • Full Address: 1502 Franklin St
  • Address - House Number: 1502
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C026
  • 4-Digit Zip Code: 3208
  • Zip Code: 90404

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,468
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.2149
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 752,404
  • High Value: 914,165
  • Low Value: 590,644

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,000
  • First Open Lien Mortgage Lender: WALL STREET MORTGAGE BANKERS L
  • First Open Lien Mortgage Recording Date: Jul 15, 2020
  • First Open Lien Mortgage Loan Amount: $375,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $520,200
  • Assessed Land Value: $416,160
  • Assessed Improvements Value: $104,040

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2020
  • Current Sale Recording Date: Jul 15, 2020
  • Current Sale Transaction ID: 11772822063
  • Current Sale Price: $500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0778631
  • Previous Sale Recording Date: Jul 28, 2004
  • Previous Sale Contract Date: Jun 29, 2004
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WALL STREET MORTGAGE BANKERS L
  • First Mortgage Transaction Date: Jul 15, 2020
  • First Mortgage Loan Amount: $375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: RICHMAN BRY
  • Previous Mortgage Transaction Date: Jul 28, 2004
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Mid-City




Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1433 18th St, SANTA MONICA, CA, 90404

$5,700 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,402 ft²
1433 18th St #5, SANTA MONICA, CA, 90404 Listing by Daniel Hicks
Unit for rent at 937 18th St, Santa Monica, CA, 90403

$5,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,337 ft²
937 18th St #2, Santa Monica, CA, 90403 Listing by Regina Vannicola
Unit for rent at 1338 Yale St, Santa Monica, CA, 90404

$5,495 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,845 ft²
1338 Yale St #C, Santa Monica, CA, 90404 Listing by Reid C. Kaplan
Unit for rent at 1830 Kelton Ave, Los Angeles, CA, 90025

$5,950 /mo

  • 3 Beds
  • 3 Baths
  • 1,602 ft²
1830 Kelton Ave #13, Los Angeles, CA, 90025 Listing by Scott Niland
Unit for rent at 1755 Kelton Ave, Los Angeles, CA, 90024

$5,200 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,200 ft²
1755 Kelton Ave, Los Angeles, CA, 90024 Listing by Abtin Missaghi
Unit for rent at 1873 Midvale Ave, Los Angeles, CA, 90025

$5,200 /mo

  • 3 Beds
  • 2 Baths
1873 Midvale Ave, Los Angeles, CA, 90025 Listing by Brandon Mahkovec
Unit for rent at 3407 Pearl Street, Santa Monica, CA, 90405

$5,995 /mo

  • 3 Beds
  • 2 Baths
  • 1,543 ft²
3407 Pearl Street, Santa Monica, CA, 90405 Listing by Isabella Morcos

Frequently Asked Questions

What neighborhood is 1502 Franklin Street located in?
The 1502 Franklin Street is a condo located in the neighborhood of Mid-City in Mid-City, Santa Monica.
What is the average sales price for listings in 1502 Franklin Street?
The average sales price for units in 1502 Franklin Street is $0 currently.

Quantcast