1015 Franklin St , Santa Monica, CA 90403
$9,450,000
Est. Payment: $50,053.40/mo
7 Bed
9 Bath
10689 Sqft
Status: Active | Days on site: 5
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CLW-X83391 - CLW-X47554,CLW-X74489
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House Description

Rare ground-up opportunity on an oversized 11,700 SF lot in Santa Monica's coveted Wilshire-Montana neighborhood, just minutes from the beach, Montana Avenue, and highly regarded Santa Monica-Malibu schools. Fully engineered, City-approved plans are in hand for a striking modern three-story residence, approximately 10,700 SF of interior living space, a 760 SF four-car garage, and nearly 2,700 SF of rooftop entertaining space, creating a total structure approaching 15,000 SF. Designed for sophisticated living and large-scale entertaining, the residence features seven bedrooms and nine bathrooms, including two oversized primary suites with private balconies, floor-to-ceiling glass, an elevator, and solar-ready, fire-sprinklered construction. The lower level is envisioned with a private movie theater, wet bar, wine cellar, two bedrooms, and a four-car garage, with one bedroom offering flexibility as a gym or fitness room. The expansive rooftop entertaining area is designed with outdoor seating and lounge spaces, a fire pit, and potential for a BBQ area, offering exceptional indoor-outdoor living and entertaining potential. The main level includes an additional bedroom that could also function as a private home office, along with separate living and family rooms. Opportunities to create a fully customized, architecturally distinctive residence of this scale on an oversized lot in Wilshire-Montana are exceptionally rare. This offering provides the opportunity to bring your own builder, materials, finishes, and vision to a truly one-of-a-kind residence in one of Santa Monica's most sought-after neighborhoods. Buyer to independently verify all square footage, dimensions, permit status, approvals, plans, development potential, and other property and project information with the City of Santa Monica Building and Safety Division and appropriate professionals prior to close of escrow.

Highlights

Listed by Aaron Kirman , 424-249-7162 and Nicole Contreras , 310-614-4952 Christie's International Real Estate SoCal , 424-249-7162. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.27

County

Los Angeles

Area

C14 - Santa Monica

Listing ID

26969825

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:9
  • Full Bathrooms:7
  • 1/2 Bathrooms:2
Air Cond:Central Air
Fireplaces:Living Room
Floor:Wood

Exterior Features

Lot:No Land Lease
Lot Dimensions:78x150
Garage Capacity:4
Zoning:SMR1*
Principal Interest
$50,053
Taxes
$6,024

Home Price

$9,450,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$1,890,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$50,053.40

Principal

Taxes

Principal Taxes HOA Total
Monthly $50,053.40 $6,024.38 $0.00 $56,077.77
Yearly $600,640.75 $72,292.50 $0.00 $672,933.25
Total $18,019,222.61 $2,168,775.00 $0.00 $20,187,997.61

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Santa Monica, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T13:02:28.000Z

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