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Renovated Apartment Building
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1731 Franklin St, Santa Monica, CA 90404

Six-unit residential income property with varied unit configurations and an ADU conversion under plan-check review.

Property SizeContact for details
Days on Market144

Property Features for 1731 Franklin St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 6
Listing Agency: RE/MAX One
Listed By: Chase Simonton · License #CA 01766871
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 2:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX One

Investment Insights

Based on property information with market context.

This recently renovated apartment property contains six residential units with a varied mix that includes a two-bedroom residence, one-bedroom units, and single units. One additional unit is undergoing plan-check review for conversion to an ADU.

The property is located at 1731 Franklin St in Santa Monica, California. Tenant privacy applies, and property access for showings is subject to an accepted offer.

Key Highlights

  • Six‑unit apartment building
  • Recently renovated multifamily property
  • Unit mix includes a two‑bedroom unit, one‑bedroom units, and single units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Restaurant Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,698
Businesses Nearby

Demographics for 90404, CA

21,995
Population
11,499
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
10,998
Density / Sq Mi
$85,081
Median Household Income
$66,349
Median Earnings
$2,095
Median Rent
$1,159,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit residential income property with varied unit configurations and an ADU conversion under plan-check review.
Where is this apartment building located?
The property is located at 1731 Franklin St Santa Monica, CA.
What are key features of this property?
This property features: Six‑unit apartment building; Recently renovated multifamily property; Unit mix includes a two‑bedroom unit, one‑bedroom units, and single units
(818) 366-3300 Call to check price and availability
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