1240 Franklin St
Santa Monica, CA 90404
1 bd 1 ba 959 sqft Built 1965 Lot 8,129 sqft condos
Most recent sale
$750,000
Oct 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 12, 2022 | Sold | $750,000 | MLS #CV22174880 |
| Aug 18, 2022 | Listed | $749,800 | MLS #CV22174880 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $160,533 | $619,766 | $780,299 | $10,021 |
| 2024 | $160,533 | $619,766 | $780,299 | $9,415 |
| 2023 | $154,300 | $595,700 | $750,000 | $9,341 |
| 2022 | $97,243 | $185,663 | $282,906 | $3,386 |
| 2021 | $95,337 | $182,023 | $277,360 | $3,298 |
| 2020 | $94,360 | $180,157 | $274,517 | $3,274 |
| 2019 | $92,510 | $176,625 | $269,135 | $3,241 |
| 2018 | $90,697 | $173,162 | $263,859 | $3,035 |
| 2017 | $88,919 | $169,767 | $258,686 | $3,023 |
| 2016 | $87,176 | $166,439 | $253,615 | $2,916 |
| 2015 | $85,867 | $163,939 | $249,806 | $2,878 |
| 2014 | $84,185 | $160,728 | $244,913 | $2,844 |
| 2013 | $83,805 | $160,002 | $243,807 | $2,822 |
| 2012 | $82,162 | $156,865 | $239,027 | $2,757 |
| 2010 | $79,949 | $152,641 | $232,590 | $2,693 |
| 2009 | $80,139 | $153,004 | $233,143 | $2,628 |
| 2008 | $78,568 | $150,004 | $228,572 | $2,567 |
| 2007 | $77,028 | $147,063 | $224,091 | $2,653 |
Property facts
Year built
1965
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
959 sqft
Lot size
8,129 sqft
ZIP code
90404
City
Santa Monica
Street
Franklin St
Coordinates
34.03953, -118.47108
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,069
Gross rental yield
4.91%
Implied cap rate
3.19%
Trend-extrapolated value
—
Frequently asked questions
When did 1240 Franklin St last sell?
1240 Franklin St most recently sold on Oct 12, 2022 for $750,000.
What is the current tax assessment for 1240 Franklin St?
The most recent total assessment for 1240 Franklin St (year 2025) is $780,299 with $10,021 in property tax.
How does 1240 Franklin St's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $750,000.
When was 1240 Franklin St built?
1240 Franklin St was built in 1965.
How does 1240 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 1240 Franklin St?
1240 Franklin St is a 1 bed, 1 bath, 959 sqft, 8,129 sqft lot condos.
Is 1240 Franklin St a flip candidate?
No — 1240 Franklin St does not appear in our flips dataset.
Is 1240 Franklin St a tax-appeal candidate?
No — 1240 Franklin St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.3%
Implied 1-yr
+9.3%
2026 Q3
$2.09M
2026 Q4
$2.13M
ZIP 90404 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franklin St