Fantastic development opportunity in a highly desirable Santa Monica neighborhood. Duplex set on 6011 sq ft lot. The lot is zoned SMR2. Front unit is vacant. Back unit is tenant occupied. Great location close to shopping, restaurant, nightlife and Expo Line and the Santa Monica Beaches and UCLA. Property is sold AS IS. Seller will not provide any credits or make any repairs. List price represents land value. Tenant occupied unit can be shown with accepted offer. Per the City of Santa Monica, by right up to three units can be built. Additionally, if an ADU can be established and there is enough land it might be possible to construct 2 additional units, for a total of 5. Buyer to verify with City directly.
- Price:
- $1,550,000
- Bedrooms:
- 4
- Square Footage:
- 1,688
- Acreage:
- 0.14
- Year Built:
- 1947
- Listing ID #:
- 22-174091
- Street Address:
- 1745 Franklin St
- City:
- Santa Monica
- State:
- California
- Postal Code:
- 90404
- County:
- Los Angeles
- Community:
- Santa Monica
- Listing Status:
- Active Under Contract
- Listing Type:
- Residential Income
- Flooring:
- Other, Carpet
- Number Of Units:
- 2
- Stories:
- 1
- Style:
- California Bungalow
- Total # Of Buildings:
- 2
- Total Building Square Footage:
- 1688
- Year Built:
- 1947
- Conforms To Zoning:
- Smr2*
- Lot Square Footage:
- 6011
- Days On Market:
- 49
- Property Disclosures:
- Rent Control, La/Owner Related, Other
- Owner Pays:
- Water
- Price Per Square Foot:
- 918.25
- Parking Description:
- Garage Is Detached
- Parking Spaces:
- 2
- Heating:
- Wall
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By of
