
962 Franklin Street, Santa Monica, CA 90403
962 Franklin Street, Santa Monica, CA 90403
Property Description
An Extraordinary Santa Monica Hilltop Offering Rare elevation. Unparalleled views. Endless possibilities. Perched at one of the highest elevations in Santa Monica, this exceptional property commands a coveted position on one of the city's rare view streets, offering breathtaking panoramas from both the front and rear of the property. Set on an approximately 11,236-square-foot lot, the existing 5,170-square-foot residence enjoys an extraordinary vantage point with sweeping views encompassing the Pacific Ocean, Century City, Downtown Los Angeles, the horizon, and surrounding mountain ranges. From luminous sunrises over the city to dramatic, colorful sunsets descending over the Pacific, the property captures an ever-changing backdrop of ocean, skyline, mountains, and sky. The rare east-to-west orientation creates remarkable views throughout the day and from multiple areas of the property. This is an exceptional opportunity to renovate and reimagine the existing residence or create an entirely new architectural estate worthy of this extraordinary setting. With its substantial lot, commanding elevation, and expansive vistas, the possibilities are truly remarkable. Properties combining this elevation, lot size, location, and panoramic ocean and city views are exceptionally rare in Santa Monica. A singular opportunity to create a world-class estate in one of Santa Monica's most desirable and irreplaceable settings.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Santa Monica · Single Family Residence
Listed 12.7% below the median closed sale of $7,999,999. Price per sqft ($1,350) is a 16% discount to closed comps ($1,608). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 223 24th Street | Santa Monica | 1997 | 5 | 5 | 5,129 | 8,702 | $1,617 | $8.29M | 14 | 67 |
| 371 20th Street | Santa Monica | 2018 | 5 | 6 | 5,018 | 8,951 | $1,843 | $9.25M | 20 | 67 |
| 402 11th Street | Santa Monica | 1988 | 5 | 6 | 4,945 | 7,512 | $1,516 | $7.50M | 59 | 66 |
| 370 25th Street | Santa Monica | — | 4 | 6 | 4,772 | 8,721 | $1,675 | $8.00M | 31 | 65 |
| 714 Euclid Street | Santa Monica | 2017 | 5 | 6 | 4,700 | 7,523 | $1,595 | $7.50M | 33 | 63 |
| Total: 5 · Average | 4.8 | 5.8 | 4,912.8 | 8,281.8 | $1,649.2 | $8.11M | 31.4 | |||
| Median | 4,945 | $8.00M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 734 18th Street | Santa Monica | 2019 | 10/05/2026 | 5 | 6 | 5,200 | 8,940 | $9.99M | $9.36M | $1,801 | 0.94 | 26 | 68 |
| 703 25th Street | Santa Monica | 1936 | 06/05/2026 | 5 | 6 | 5,226 | 8,672 | $8.70M | $8.97M | $1,717 | 1.03 | 28 | 66 |
| 415 21st Street | Santa Monica | 1982 | 07/06/2026 | 5 | 7 | 4,750 | 8,934 | $6.00M | $6.41M | $1,350 | 1.07 | 24 | 65 |
| 420 Alta Avenue | Santa Monica | 2003 | 06/26/2026 | 5 | 5 | 4,797 | 8,764 | $8.50M | $7.00M | $1,459 | 0.82 | 70 | 65 |
| 523 9th Street | Santa Monica | 1988 | 08/03/2026 | 5 | 5 | 4,664 | 7,501 | $8.00M | $8.00M | $1,715 | 1.00 | 66 | 62 |
| Total: 5 · Average | 5.0 | 5.8 | 4,927.4 | 8,562.2 | $7.95M | $7.95M | $1,608.4 | — | 42.8 | ||||
| Median | 4,797 | $8.00M | $8.00M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.