1015 Franklin Street
Santa Monica, CA, 90403
$9,995,000
MLS: 26770269
Beds
5
Baths
7
Sq Ft
10,487
Lot
0.27 ac
Year Built
—
MLS #
26770269
Days on Market
0
Listed
Apr 21, 2026
Description
Wow come see this development opportunity to complete this Modern home on one of the best streets in Santa Monica. This property is partially completed - approximately 10,000 sf, 3 level home on a nearly 12,000 sf lot with stunning views. Lower level has great room, gym, bedroom and theatre. Main level has huge open rooms with family room, kitchen, formal dining, living and office or guest suite. Upstairs are 4 beds ensuite and enormous roof top deck. An elevator shaft has been installed and some systems were wired plumbed etc. It's time to complete this beauty! Being sold in AS IS condition. The photos are digital renderings.
Location
Santa Monica, Los Angeles County, CA 90403
Open on Google Maps ↗Listed by: Valerie Fitzgerald · Coldwell Banker Realty
Payment estimate
$69,729
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $999,500 · Loan: $8,995,500
- Principal & Interest
- $55,270
- Property tax (1.25%)
- $10,411
- Homeowners insurance
- $300
- Mortgage insurance
- $3,748
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Santa Monica home with as little as 3.5% down using an FHA loan — roughly $349,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Santa Monica, CA 90403 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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