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1745 Franklin Street

1745 Franklin Street, Santa Monica, CA 90404
Multifamily in Pico
Sold May 05, 2022
$1,430,000
1745 Franklin Street in Santa Monica, CA was first built in 1947 and is 77 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1745 Franklin Street has 1,688 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,011 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. As for heating, the home is utilizing floor/wall heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1745 Franklin Street sold most recently in May 3, 2022 for a total of $1,430,000. If you work out the math, that's approximately a cost of $847.16 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,818 in taxes each year. 1745 Franklin Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,458,600. If we break it down further, the land itself was valued at $1,020,000. Improvements to the property, however, were assessed at a total of $438,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 1,688
  • Building Area: 1,688
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,688
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7077
  • Land Acres: 0.138
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 7077 LOT/SEC 44

Ownership

  • Current Owner : JAHANBIN NAHID
  • Previous Owner : MARGARET BROWN LIVING TRUST
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 701801

Zoning

  • Zoning: SMR2*

Geography

  • Assessors Map Reference: 41-C5
  • Subdivision Tract Number: 7077
  • Parcel: 4268-007-020
  • Lot: 44
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0332
  • Longitude: -118.463

    Address

  • Full Address: 1745 Franklin St
  • Address - House Number: 1745
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C011
  • 4-Digit Zip Code: 4207
  • Zip Code: 90404

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,818
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 1,530,437
  • High Value: 1,634,126
  • Low Value: 1,426,747

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,458,600
  • Assessed Land Value: $1,020,000
  • Assessed Improvements Value: $438,600

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 05, 2022
  • Current Sale Transaction ID: 11886824392
  • Current Sale Price: $1,430,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 490088

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Frequently Asked Questions

What neighborhood is 1745 Franklin Street located in?
The 1745 Franklin Street is a multifamily located in the neighborhood of Pico in Pico, Santa Monica.
What is the average sales price for listings in 1745 Franklin Street?
The average sales price for units in 1745 Franklin Street is $0 currently.

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