$2,295,000

SVN is pleased to present a fully entitled renovation project to add 4,254 SF to an existing detached house with two rear units located on 1419 Franklin St. Santa Monica. 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 home will contain approximately 2,897 SF & the (2) units in the rear will contain approximately 3,409 SF (1,704 SF/unit). The existing 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.