849 Franklin Street

Santa Monica CA 90403

3401 sq. ft.

16327 sq. ft.

Single-Family

Last sold for $5,164,921

Raymond A. Lyon, last sold this property on 19 September 2025 after 64 days on market.

Overview

First time on the market in 60+ years! This can be a prime development opportunity or a great remodel with room to expand. Property is being sold "As Is". The existing home features a fantastic open floor plan on the lower level with plenty of room to expand. There is a 424 sq ft carport that can be converted into a garage, effectively adding 412 sq ft to the downstairs living space. In addition, there is a large 869 sq ft rooftop on the second floor that can be enclosed and reimagined along with the 3 upstairs bedrooms & 2 bathrooms. The second floor already enjoys partial ocean views, which could be enhanced with a rooftop deck or reconfigured second level. Opportunities like this rarely come to market. Situated in a prime Santa Monica location, this expansive 16,327 sq ft lot (approximately 75 ft wide by 250 ft deep) is one of the largest available in the area. There are stunning views even from the ground level, with breathtaking vistas from the second story and ocean views from a potential rooftop deckoffering tremendous upside. The generous frontage allows for a bold architectural statement, and the existing structure can be extended forward to fully maximize both lot size and setback allowances. The rear 25% of the lot features a gentle downslope, ideal for a dramatic pool and deck retreatminimizing excavation and construction costs. Whether you're looking to build your own dream home from the ground up in this premier location, or remodel the spacious existing home, this is truly one of the most exceptional lots in Santa Monica. This property offers views of the Brentwood Country Club, the Getty, DTLA, Century City, and more. Easy to show! This RARE property will not last long, come look at it before it is gone!

Features

4 bedrooms

4 bathrooms

2 carspaces

4 open car spaces

2 garage spaces

3401 sq. ft. floor area

16327 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Santa Monica over the last 12 months, the estimated median property value of 849 Franklin Street is $3.96m.

Median value

$3.96m

Estimated value range

$3.2m - $5.16m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Santa Monica. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 849 Franklin Street

2025

Sold

$5,164,921

19 Sep 2025 by Raymond A. Lyon, of Compass

Happy sellers in Santa Monica

We have insufficient information to provide an overview of customer satisfaction for Santa Monica. Viewing the agent profiles, reviews and sales for Santa Monica can provide insights for this location.