1240 Franklin Street 5, Santa Monica, CA 90404
Condo
For sale now
1240 Franklin Street 5 is on the market at $775,000 (1 bd · 1 ba · 959 sqft). See the current listing →
Sold October 2022
Listing Agent: JOY CROSS (DRE #00915798) · Listing Office: RE/MAX MASTERS REALTY · Contact: 909-445-8100 · Bought with: Ashley Detrinidad · Redfin · MLS #CV22174880 · Source: CRMLS
How this sale compares
1240 Franklin Street 5 sold for $750,000 in October 2022, 0.0% over its $749,800 list price, after 18 days on the market. That works out to $782 per square foot on 959 square feet. Across 47 closed sales in 90404 over the last 12 months, the median sold price is $1,100,000 and the median is $816 per square foot — 4.3% above this sale's $782. 1-bedroom rentals in 90404 currently list at a median of $2,648 a month (8 listings).
| Quarter | Closed sales in 90404 | Median sold price |
|---|---|---|
| Q1 2026 | 6 | $1,025,000 |
| Q2 2026 | 25 | $1,345,000 |
| Q3 2026 | 16 | $1,100,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Santa Monica · Homes for sale in 90404
About this condo
WOW THIS SPACIOUS SINGLE-STORY UPSTAIRS ONE BEDROOM UNIT IS LIGHT AND BRIGHT AND VERY OPEN! Well-kept building of only seven Units and LOW LOW UNHEARD OF DUES of only $202 per month! Why pay rent and check out this wonderful very walkable location in Santa Monica! Easy access to stores, restaurants and public transportation. Wood laminate flooring thru-out with tile in the kitchen and bath. Gas fireplace in the living room with mirrors above and a sunny kitchen with Corian counters and a window, no looking direct into another unit or building! All fairly new stainless-steel appliances stay, there is even a built-in desk in the kitchen if you are working out of your home! Patio is fully enclosed also with wood laminate flooring and dual pane windows for a pleasant sitting area to enjoy quiet relaxation. Open the windows for a cool cross breeze thru the living and dining area, the list goes on. Inside laundry with stackable units. Plenty of storage with two closets in the large bedroom, a coat closet in the hallway and an additional storage closet in the living room. Secured one car garage with two storage cabinets above. Do not miss this hidden gem!!!
Listing description from the October 2022 sale, as reported to CRMLS.
Sale history
Recent sales near 1240 Franklin Street 5
- 1234 Franklin Street C — Sold $595,000 · 1 bd · 1 ba · 584 sqft · Jul 2026 · 0.0 mi
- 1304 Berkeley Street 3 — Sold $1,070,000 · 4 bd · 2 ba · 1,176 sqft · Jun 2026 · 0.1 mi
- 1311 Centinela Avenue 3 — Sold $1,340,000 · 2 bd · 3 ba · 1,700 sqft · Mar 2026 · 0.1 mi
- 1337 Berkeley Street 6 — Sold $950,000 · 2 bd · 2 ba · 1,335 sqft · Mar 2026 · 0.1 mi
- 1301 Stanford Street — Sold $1,485,000 · 2 bd · 2 ba · 886 sqft · May 2026 · 0.1 mi
- 2811 Arizona Avenue 4 — Sold $1,462,310 · 2 bd · 3 ba · 1,705 sqft · Aug 2026 · 0.3 mi
- 1447 Franklin Street 4 — Sold $649,000 · 3 bd · 2 ba · 1,252 sqft · Mar 2026 · 0.3 mi
- 1447 Franklin Street 5 — Sold $699,000 · 2 bd · 2 ba · 888 sqft · Jun 2026 · 0.3 mi
MLS-reported closed sales in 90404, nearest first (last 12 months). All recent sales in Santa Monica →
Questions about 1240 Franklin Street 5
When did 1240 Franklin Street 5 last sell?
1240 Franklin Street 5 last sold in October 2022 for $750,000, according to CRMLS-reported closed sales.
What did 1240 Franklin Street 5 sell for?
$750,000, 0.0% above the $749,800 list price, after 18 days on the market — about $782 per square foot.
How does that compare to other Santa Monica sales?
47 homes closed in ZIP 90404 over the last 12 months at a median of $1,100,000 ($816 per square foot). This sale was $782 per square foot.
Is 1240 Franklin Street 5 for sale now?
Yes — 1240 Franklin Street 5 is currently on the market at $775,000. Open the current listing on Nalren for photos, details and the listing agent.
What do 1-bedroom homes rent for in 90404?
1-bedroom rentals in 90404 currently list at a median of $2,648 per month across 8 listings on Nalren.