ActiveCondominium

1447 Franklin Street 5

Santa Monica, CA, 90404

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$745,000

MLS: 26770139

Beds

2

Baths

2

Sq Ft

888

Lot

0.17 ac

Year Built

1975

MLS #

26770139

Days on Market

13

Listed

Apr 30, 2026

Description

Charming and impeccable 2-bedroom, 2-bath top-floor condo in a prime Santa Monica location. This inviting unit features an open-concept living area with rich dark wood floors, a cozy fireplace, and sliding glass doors that lead to a private balcony perfect for the plant enthusiast, your hummingbird feeders or just enjoying some fresh air and ocean breezes. A dedicated dining area is ideal for everyday meals or intimate gatherings. The sunny kitchen is modern and functional, featuring ample cabinetry, tile countertops, stylish open shelving, and plenty of storage. Both bedrooms are generously sized, including a spacious primary suite with abundant natural light, a walk-in closet, and an ensuite bath. The second bedroom offers flexibility for guests, family, or a home office and includes generous closet space. A second full bathroom provides convenience for guests and the secondary bedroom. Additional highlights include a well-designed layout, modern finishes, and a calm, airy ambiance throughout. Ideally situated near neighborhood favorites like Erewhon, Dogtown Coffee, Philz Coffee, and Milo & Olive, with easy access to the shops and dining along Montana Avenue. The unit also includes two covered parking spaces in a secure garage, plus free laundry. Enjoy being just minutes from the beach, Palisades Park, and all the best of Westside living. Seller states HOA will allow the installation of HVAC and washer/dryer.

Location

Santa Monica, Los Angeles County, CA 90404

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Listed by: Regina Vannicola · Compass

Payment estimate

$5,532

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $74,500 · Loan: $670,500

%
Principal & Interest
$4,176
Property tax (1.25%)
$776
Homeowners insurance
$300
Mortgage insurance
$279
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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 May 14, 2026

30-year fixed
6.36%
15-year fixed
5.71%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $26,075 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.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.