1514 Franklin Street is a 7 unit property located in the highly desirable city of Santa Monica. The property consists of six 2+2s and one townhouse style 3+3. 5 of the 7 units have been completely renovated and feature new stainless steel appliances. The building has a brand new roof, partial copper plumbing, and is individually metered for gas and electricity. The Owner will collect additional income with on-site laundry and private garages. Featuring a stellar 94 walk score and 85 bike score, 1514 Franklin Street provides residents with many of the great things LA has to offer right outside their front door. The property is a 10 minute walk from major employment (Lionsgate, Amazon, Red Bull), a 15 minute walk to the Bergamot Train Station with service to the beach and Downtown LA, and a short bike or car ride from most daily errands. The property is nestled on a peaceful tree-lined street, with easy access to award winning Santa Monica schools and restaurants. The Brentwood, Westwood, and Century City neighborhoods are also nearby. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
