SOLD for $2,900,000!

SANTA MONICA! STEPS TO SANTA MONICA BLVD! 7 Units SOLD for $2,900,000!

1451 Franklin Street, Santa Monica, CA

ROQUE & MARK CO. represented the Buyer
Sold for only $414,000/unit and a 14.5 GRM with actual rents! 7,550 SF building situated on a 76,00 SF lot!! 7 unit apartment building in prime Santa Monica. Upside potential perfect for an investor or owner user. There are 6 – two bedroom and 1.75 baths and 1 – three bedrooms and 2.5 bath unit. Four car (tandem) garage which is currently vacant and five other covered parking spaces off the alley. Some units have been remodeled. The two vacant units need updating. Probate sale, no court confirmation required.. Property is subject to City of Santa Monica rent control. David@roque-mark.com


• BED 15
• BATH 15
• SQ/FT 7550
• notable-sale

$2,900,000

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