tomo logo

$625,000

Beds
1
Baths
1.0
sq ft
579

1524 Franklin St Unit B, Santa Monica, CA 90404

1524 Franklin St Unit B

Santa Monica, CA 90404

  • 54 days on market
    • Price drop $10,000↓
Welcome to this charming remodeled one bedroom, one bathroom condo located in Santa Monica, offering the perfect blend of comfort and convenience. Featuring an open concept living area, the unit boasts a spacious layout with lots of windows allowing for ample natural light. The updated kitchen is equipped with stone quartz countertops, appliances, ample storage, and a breakfast bar making it ideal for both cooking and entertaining. The generously sized bedroom offers a peaceful retreat, with an updated bathroom, new hardwood floors throughout. In unit laundry, and a nice outdoor patio off the entrance. One car gated parking space with a storage area and secured front & back entrance to the building. All just minutes from the beach, shopping, dining, and entertainment.

Details

Property type

Condominium

Est. home value

$615,853

Lot size

8,104 sq ft

Price per sq ft

$1,080

Year built

1970

Monthly HOA fee

$322

Price History

03/11/2025
CLAW

CLAW #25492539

Price change
$625,000
-1.57%
02/06/2025
CLAW

CLAW #25492539

Listed
$635,000
+5.08%
11/07/2023
CLAW

CLAW #23312325

Sold
$604,300
+8.88%

Schools & Community

Neighborhood: 

Mid-City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

High school district: 

Santa Monica-Malibu Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$200,362
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$374,638
Cash to seller
$200,362

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

November 2023

Original loan amount

$380,000

Est. remaining balance

$374,638

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Wyatt Mcallister

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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CLAW
$599,000
1 bd
|
1 ba
|
683 sq ft
|
Condo

11639 Chenault St Unit 404, Los Angeles, CA 90049

Status: Active

Tomo last checked: 04/01/2025 at 1:30 PM

Listing updated: 03/28/2025 at 5:06 PM

Listed by: Pamela Halle, Douglas Elliman of California, Inc. Phone #: (424) 203-1800

MLS: CLAW #25492539

CLAW logo

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