1419 Franklin St, Santa Monica, CA 90404

Prime Santa Monica location just south of Santa Monica Boulevard. SVN - Rich Investment Real Estate is pleased to present a fully entitled renovation project to add 4,254 SF to an existing house with two attached units located on 1419 Franklin Street Santa Monica, CA 90404. The subject property currently consists of a 2 bedroom/1 bath single family residence and a duplex with (2) 1 bedroom/1 bath units at a combined existing building size of 2,052 SF. Property will be delivered with Ready-To-Issue (RTI) permits and city approved plans to expand each unit to a combined building size of 6,306 SF. Each unit will feature it's own separate entrance, private backyard/outdoor yard, sundeck, and a 2-car garage. The modern architectural design offers an owner/user or developer to build a sleek high-end luxury dream home with additional two (2) 3 bedroom, 2 bath units to rent out for additional income without any affordable restrictions. The improved SFR will contain approximately 2,897 SF & the units in the rear will contain approximately 3,409 SF (1,704 SF/unit). Located directly south of Santa Monica Boulevard, the property is conveniently located within walking distance to myriad of scrumptious eateries, coffee shops, bars, and local retail shops. With a walk-shore of 91 out of 100, the property offers residence a walker's paradise.