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  5. 1240 Franklin Street
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1240 Franklin Street

1240 Franklin Street, Santa Monica, CA, 90404

YEAR BUILT

1965

# STORIES

1

# TOTAL UNITS

10

UNIT SIZE RANGE

934-1,637 sqft

Description

1240 Franklin Street stands in Santa Monica, at the corner of Ocean Park Blvd and Lincoln Blvd. The location has a lively neighborhood feel, with a short distance to the Pacific Ocean. The building connects well to local roads for easy access to the beaches and downtown areas. Nearby dining options include Mau Brown Cow LLC, Mini Cafe, and Maru. These restaurants provide a variety of choices for meals and casual outings. Local services and shops populate the area, offering additional convenience for everyday needs. This low-rise structure has 1 story and contains 10 condominium units. Built in 1965, the building holds a mix of unit sizes from 934 to 1,637 square feet. It offers 1, 2, and 3-bedroom layouts that cater to different living situations and preferences. Unit prices range from $750,000 to $1,180,000. This range reflects the size and features of the units. The area has experienced stable interest, allowing opportunities for buyers to find the right fit for their needs. Sidewalks and streetlights enhance the outdoor space around the building. The common amenities support a friendly community atmosphere. Residents can enjoy the nearby beaches while also having access to urban conveniences. Overall, 1240 Franklin Street blends relaxed coastal living with urban charm. The building's straightforward architecture and friendly neighborhood add to its character. It presents a solid option for those looking to live in Santa Monica's vibrant community.

Building ImageMLS ID #CV22174880
Building ImageMLS ID #25517617
Building Image
Building ImageView Listing

1240 Franklin Street

1240 Franklin Street, Santa Monica, CA, 90404

YEAR BUILT

1965

# STORIES

1

# TOTAL UNITS

10

UNIT SIZE RANGE

934-1,637 sqft

Description

1240 Franklin Street stands in Santa Monica, at the corner of Ocean Park Blvd and Lincoln Blvd. The location has a lively neighborhood feel, with a short distance to the Pacific Ocean. The building connects well to local roads for easy access to the beaches and downtown areas. Nearby dining options include Mau Brown Cow LLC, Mini Cafe, and Maru. These restaurants provide a variety of choices for meals and casual outings. Local services and shops populate the area, offering additional convenience for everyday needs. This low-rise structure has 1 story and contains 10 condominium units. Built in 1965, the building holds a mix of unit sizes from 934 to 1,637 square feet. It offers 1, 2, and 3-bedroom layouts that cater to different living situations and preferences. Unit prices range from $750,000 to $1,180,000. This range reflects the size and features of the units. The area has experienced stable interest, allowing opportunities for buyers to find the right fit for their needs. Sidewalks and streetlights enhance the outdoor space around the building. The common amenities support a friendly community atmosphere. Residents can enjoy the nearby beaches while also having access to urban conveniences. Overall, 1240 Franklin Street blends relaxed coastal living with urban charm. The building's straightforward architecture and friendly neighborhood add to its character. It presents a solid option for those looking to live in Santa Monica's vibrant community.

Next

Description

1240 Franklin Street stands in Santa Monica, at the corner of Ocean Park Blvd and Lincoln Blvd. The location has a lively neighborhood feel, with a short distance to the Pacific Ocean. The building connects well to local roads for easy access to the beaches and downtown areas. Nearby dining options include Mau Brown Cow LLC, Mini Cafe, and Maru. These restaurants provide a variety of choices for meals and casual outings. Local services and shops populate the area, offering additional convenience for everyday needs. This low-rise structure has 1 story and contains 10 condominium units. Built in 1965, the building holds a mix of unit sizes from 934 to 1,637 square feet. It offers 1, 2, and 3-bedroom layouts that cater to different living situations and preferences. Unit prices range from $750,000 to $1,180,000. This range reflects the size and features of the units. The area has experienced stable interest, allowing opportunities for buyers to find the right fit for their needs. Sidewalks and streetlights enhance the outdoor space around the building. The common amenities support a friendly community atmosphere. Residents can enjoy the nearby beaches while also having access to urban conveniences. Overall, 1240 Franklin Street blends relaxed coastal living with urban charm. The building's straightforward architecture and friendly neighborhood add to its character. It presents a solid option for those looking to live in Santa Monica's vibrant community.

1240 Franklin Street Key Stats Last 12 months

Avg. Listed Price$1,075,000($851/Sqft.)
Avg. Sale Price-
Year over year list price0.00%
Year over year sale price 0.00%
Total Listings1 Listed
Total sold0 Sold
Average Days on Market0 days
Average HOA fees per sqft-
Next

Key Stats

Year over year list price0.00%
Year over year sale price0.00%
Total Listings1 Listed
Total sold0 Sold
Average Days on Market0 days
Average HOA fees per sqft-

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Medium
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

1240 Franklin Street Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 5595911552022-10-12
MLS#: CV22174880 		Closed$750,000
Unit 7793422492019-01-16
MLS#: 18411234 		Closed$735,000
Unit 44163732452018-06-30
MLS#: 18344964 		Closed$1,180,000
Unit 4
4

3 Beds

2 Baths

1637 sqft

DateStatusPrice
2018-06-30Closed$1,180,000
MLS#: 18344964
Days On Market45
Unit 5
5

1 Beds

1 Baths

959 sqft

DateStatusPrice
2022-10-12Closed$750,000
MLS#: CV22174880
Days On Market55
Unit 7
7

2 Beds

2 Baths

934 sqft

DateStatusPrice
2019-01-16Closed$735,000
MLS#: 18411234
Days On Market49
View Complete Unit Listing HistorySource By: CRMLS

Amenities

Living at 1240 Franklin Street doesn’t just mean a cozy home, but also an array of lovely community features. The building is equipped with essential amenities like sidewalks and street lights, ensuring a safe and pleasant walking experience for evening strolls or morning jogs. You’ll find yourself surrounded by a well-kept environment that enhances the overall living experience, reassuring you that your new home is both welcoming and secure.

Next

Amenities Description

Living at 1240 Franklin Street doesn’t just mean a cozy home, but also an array of lovely community features. The building is equipped with essential amenities like sidewalks and street lights, ensuring a safe and pleasant walking experience for evening strolls or morning jogs. You’ll find yourself surrounded by a well-kept environment that enhances the overall living experience, reassuring you that your new home is both welcoming and secure.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking

Policies

When it comes to building policies, you’ll feel at ease knowing they are straightforward. A simple call can clear any questions you might have, ensuring clarity and understanding before making your move. This transparent approach is ideal for newcomers who desire a straightforward transition into condo living.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
1240 Franklin Street--
1242 Berkeley St$759/sqft.$3 /sqft.
1242 Berkeley Street$848/sqft.$3 /sqft.
1312 S Centinela Avenue$869/sqft.$3 /sqft.
1326 S Centinela Avenue$948/sqft.$3 /sqft.
1326 S Centinela Ave$948/sqft.$3 /sqft.

Nearby Schools

Residents of 1240 Franklin Street enjoy access to nearby educational institutions across Santa Monica. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

Futures Academy - Brentwood

--
Private|Grades 6–12
12300 Wilshire Blv...|0.22 miles away

Southern California Montessori School

--
Private|Grades PK–KG
1430 S Centinela A...|0.27 miles away

Lighthouse Christian Academy

--
Private|Grades 9–12
1424 Yale St|0.3 miles away

Brockton Avenue Elementary

B
Public|Grades KG–5
1309 Armacost Ave|0.55 miles away

McKinley Elementary School

B
Public|Grades KG–5
2401 Santa Monica ...|0.63 miles away

University High School Charter

C+
Public|Grades 9–12
11800 Texas Ave|0.72 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

Residents of 1240 Franklin Street enjoy access to nearby educational institutions across Santa Monica. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

Futures Academy - Brentwood

--
Private|Grades 6–12
12300 Wilshire Blv...|Less than 1 Mile Away

Southern California Montessori School

--
Private|Grades PK–KG
1430 S Centinela A...|Less than 1 Mile Away

Lighthouse Christian Academy

--
Private|Grades 9–12
1424 Yale St|Less than 1 Mile Away

Brockton Avenue Elementary

B
Public|Grades KG–5
1309 Armacost Ave|Less than 1 Mile Away

McKinley Elementary School

B
Public|Grades KG–5
2401 Santa Monica ...|Less than 1 Mile Away

University High School Charter

C+
Public|Grades 9–12
11800 Texas Ave|Less than 1 Mile Away

Brentwood Science Magnet

C+
Public|Grades KG–5
740 S Gretna Green...|Less than 1 Mile Away

Franklin Elementary School

A
Public|Grades PK–5
2400 Montana Ave|Less than 1 Mile Away

New Roads School

--
Private|Grades KG–12
3131 Olympic Blvd|Less than 1 Mile Away

Lighthouse Church School

--
Private|Grades KG–12
1220 20th St|Less than 1 Mile Away

St Annes School

--
Private|Grades PK–8
2015 Colorado Ave|Less than 1 Mile Away

New West Charter

A
Public|Grades 6–12
1905 Armacost Ave|Less than 1 Mile Away

Santa Monica Montessori

--
Private|Grades KG–6
1909 Colorado Ave|1.03 Miles Away

St Sebastian School

--
Private|Grades PK–8
1430 Federal Ave|1.04 Miles Away

Pacifica Christian High School

--
Private|Grades 9–12
1730 Wilshire Blvd|1.06 Miles Away

Garden of Angels School

--
Private|Grades PK–1
1009 18th St|1.07 Miles Away

Edison Language Academy

A
Public|Grades PK–5
2402 Virginia Ave|1.11 Miles Away

Wildwood School K-12

--
Private|Grades KG–12
11811 W Olympic Bl...|1.22 Miles Away

Santa Monica-Malibu Preschool

--
Public|Grades –
1651 16th St|1.27 Miles Away

Waldorf Early Childhood Center

--
Private|Grades PK–KG
1441 15th St|1.28 Miles Away

Lincoln Middle School

A
Public|Grades 6–8
1501 CA Ave|1.28 Miles Away

Brawerman West Elementary of Wilshire Blvd Temple

--
Private|Grades KG–6
11661 W Olympic Bl...|1.34 Miles Away

Nora Sterry Elementary School

B-
Public|Grades KG–5
1730 Corinth Ave|1.38 Miles Away

New Horizon School Westside

--
Private|Grades PK–5
1819 Sawtelle Blvd|1.46 Miles Away

PS 1 Pluralistic School

--
Private|Grades KG–6
1225 Broadway|1.46 Miles Away

Grant Elementary School

A
Public|Grades PK–5
2368 Pearl St|1.50 Miles Away

Arete Preparatory Academy

--
Private|Grades 6–12
11500 W Olympic Bl...|1.57 Miles Away

St Martin of Tours Elementary School

--
Private|Grades KG–8
11955 W Sunset Blv...|1.61 Miles Away

Citizens of the World Charter School Mar Vista

B
Public|Grades KG–7
11561 Gateway Blvd|1.71 Miles Away

Archer School for Girls

--
Private|Grades 6–12
11725 W Sunset Blv...|1.77 Miles Away

Paul Revere Charter School

A-
Public|Grades 6–8
1450 Allenford Ave|1.79 Miles Away

John Adams Middle School

B+
Public|Grades 6–8
2425 16th St|1.81 Miles Away

St Monica Catholic High School

--
Private|Grades 9–12
1030 Lincoln Blvd|1.85 Miles Away

St Monica Catholic Elementary School

--
Private|Grades PK–8
1039 7th St|1.87 Miles Away

Roosevelt Elementary School

A-
Public|Grades KG–5
801 Montana Ave|1.88 Miles Away

Will Rogers Learning Community

B-
Public|Grades KG–5
2401 14th St|1.88 Miles Away

Geffen Academy at Ucla

--
Private|Grades 6–11
11000 Kinross Ave|1.93 Miles Away

Richland Avenue Elementary

A
Public|Grades KG–6
11562 Richland Ave|1.93 Miles Away

Transit

Situated in Mid-City, 1240 Franklin Street offers convenient access to city-wide public transportation. Nearby Bus, Tram within 2 miles allow for efficient commuting and travel. Strong transit connections enhance accessibility to work, schools, and leisure destinations. This location provides a connected and practical urban living environment.

14TH NB & ARIZONA FS

1.34 miles away|26 min walk

14TH NB & BROADWAY FS

1.36 miles away|27 min walk

14TH NB & CALIFORNIA FS

1.36 miles away|26 min walk

14TH NB & IDAHO NS

1.41 miles away|28 min walk

14TH NB & MONTANA NS

1.46 miles away|28 min walk

14TH NB & SANTA MONICA FS

1.34 miles away|26 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Situated in Mid-City, 1240 Franklin Street offers convenient access to city-wide public transportation. Nearby Bus, Tram within 2 miles allow for efficient commuting and travel. Strong transit connections enhance accessibility to work, schools, and leisure destinations. This location provides a connected and practical urban living environment.

14TH NB & ARIZONA FS

1.34 miles away|26 min walk

14TH NB & BROADWAY FS

1.36 miles away|27 min walk

14TH NB & CALIFORNIA FS

1.36 miles away|26 min walk

14TH NB & IDAHO NS

1.41 miles away|28 min walk

14TH NB & MONTANA NS

1.46 miles away|28 min walk

14TH NB & SANTA MONICA FS

1.34 miles away|26 min walk

14TH NB & WILSHIRE FS

1.34 miles away|26 min walk

14TH SB & BROADWAY NS

1.38 miles away|27 min walk

14TH SB & MICHIGAN FS

1.53 miles away|30 min walk

14TH SB & PICO FS

1.66 miles away|32 min walk

17TH NB & PEARL NS

1.69 miles away|33 min walk

17TH SB & COLORADO FS (17th St/SMC Station)

1.21 miles away|24 min walk

17TH SB & PEARL FS

1.7 miles away|33 min walk

17th Street / SMC Station

1.25 miles away|24 min walk

17th Street / SMC Station - East Ramp

1.2 miles away|24 min walk

17th Street / SMC Station - West Ramp

1.29 miles away|25 min walk

20TH NB & DELAWARE NS

1.21 miles away|24 min walk

20TH NB & OLYMPIC FS

1.05 miles away|21 min walk

20TH NB & OLYMPIC NS

1.07 miles away|21 min walk

20TH NB & PEARL FS

1.55 miles away|30 min walk

20TH NB & PICO FS

1.36 miles away|27 min walk

20TH SB & ARIZONA NS

0.89 miles away|18 min walk

20TH SB & CALIFORNIA NS

0.92 miles away|18 min walk

20TH SB & DELAWARE FS

1.23 miles away|24 min walk

20TH SB & IDAHO FS

1 miles away|20 min walk

20TH SB & OLYMPIC FS

1.09 miles away|21 min walk

20TH SB & PEARL NS

1.57 miles away|31 min walk

20TH SB & PICO FS

1.41 miles away|27 min walk

20TH SB & SANTA MONICA FS

0.91 miles away|18 min walk

20TH SB & WASHINGTON NS

0.96 miles away|19 min walk

20TH SB & WILSHIRE FS

0.9 miles away|18 min walk

23RD NB & ASHLAND NS

1.95 miles away|38 min walk

23RD SB & ASHLAND NS

1.94 miles away|38 min walk

23RD SB & OCEAN PARK FS

1.79 miles away|35 min walk

26TH NB & BALTIC NS

0.96 miles away|19 min walk

26TH NB & CARLYLE NS

1.11 miles away|22 min walk

26TH NB & COLORADO FS

0.59 miles away|12 min walk

26TH NB & MONTANA FS

0.76 miles away|15 min walk

26TH NB & SANTA MONICA FS

0.45 miles away|9 min walk

26TH NB & SAN VICENTE NS

1.31 miles away|26 min walk

26TH NB & WASHINGTON (SM) NS

0.54 miles away|11 min walk

26TH NB & WILSHIRE FS

0.44 miles away|9 min walk

26TH SB & CARLYLE FS

1.1 miles away|22 min walk

26TH SB & LA MESA NS

1.5 miles away|29 min walk

26TH SB & MARGUERITA FS

0.96 miles away|19 min walk

26TH SB & MONTANA FS

0.72 miles away|14 min walk

26TH SB & SANTA MONICA FS

0.48 miles away|10 min walk

26TH SB & SAN VICENTE MB

1.27 miles away|25 min walk

26TH SB & WASHINGTON (SM) FS

0.54 miles away|11 min walk

26TH SB & WILSHIRE FS

0.44 miles away|9 min walk

The Neighbourhood: Mid-City

Mid-City is a central Los Angeles neighborhood known for its mix of shops and parks. The area has small parks, community centers, local cafes, supermarkets, schools, libraries, clinics, and shops for daily needs. This district shows local art in murals and small galleries, and has many restaurants that serve a mix of cuisines. City buses and light rail stops run nearby. Major roads link to other parts of the city. Bike lanes and walkable blocks help short trips around the area.

Next

Neighbourhood Description

Mid-City is a central Los Angeles neighborhood known for its mix of shops and parks. The area has small parks, community centers, local cafes, supermarkets, schools, libraries, clinics, and shops for daily needs. This district shows local art in murals and small galleries, and has many restaurants that serve a mix of cuisines. City buses and light rail stops run nearby. Major roads link to other parts of the city. Bike lanes and walkable blocks help short trips around the area.

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1240 Franklin Street Demographics

Age Demographics

0–14 Years

11.16%

15–29 Years

25.65%

30–44 Years

31.52%

45–59 Years

15.16%

60+ Years

16.51%

Commute

4.64%

Transit

6.19%

Walk

64.33%

Drive

3.5%

Bike

Housing Ownership

25.34%

Owner Occupied

74.66%

Rental Units

Household Types

Single Family
19.28%
Multi Family
2.16%
Single Person
43.1%
Multi Person
56.9%

Average Income

Household:$10,046,127.82 /yr

Individual:$7,249,928.83 /yr

Education

Bachelors Degree43.58%
High School College7.46%
Diploma4.3%
Post Graduate27.83%
Others16.82%
Next

Education

Diploma4.3%
Post Graduate27.83%
Others16.82%
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    1240 Franklin Street
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