Asking Price: $2,085,000

1430 Franklin Street is a turnkey 5-unit apartment building on a tree lined street in beautiful Santa Monica. The property consists of three (3) two-bedroom/one-bathroom units, offering front & back door entrances and the feeling of living in a home, and a separate free-standing structure of two (2) one bedroom/ one bathroom units above (4) four individual garages. The buildings are well maintained and 4 out of the 5 units have been recently updated, featuring hardwood flooring, new windows & treatments, and digital thermostats. The 3,486 rentable square feet sit on a large, street-to-street, 7,803 square foot SMR2-zoned lot. One unit to be vacated in a reasonable time after closing. 1 of 4 garages will be vacant at the COE. Property is compliant with current City of SM soft-story seismic retrofit requirement. Actual Rent for Units 1 & 3 are as of 8/1/19.