
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 in line with the median closed sale of $7,075,000. Price per sqft ($1,350) is a 11% discount to closed comps ($1,511). Closed comps sold at 102% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 926 Gretna Green | Los Angeles | 2017 | 5 | 6 | 4,750 | 7,884 | $1,547 | $7.35M | 44 | 70 |
| 1111 Berkeley Street | Santa Monica | 2028 | 6 | 7 | 4,142 | 8,997 | $1,654 | $6.85M | 23 | 68 |
| 12226 Paisley Lane | Los Angeles | 2008 | 5 | 6 | 5,314 | 7,877 | $1,176 | $6.25M | 32 | 67 |
| 509 Gretna Green Way | Los Angeles | 2006 | 5 | 6 | 4,351 | 7,002 | $1,378 | $6.00M | 30 | 65 |
| 12225 Falkirk Lane | Los Angeles | 1941 | 6 | 5 | 4,787 | 7,878 | $1,249 | $5.98M | 17 | 62 |
| Total: 5 · Average | 5.4 | 6.0 | 4,668.8 | 7,927.6 | $1,400.8 | $6.48M | 29.2 | |||
| Median | 4,750 | $6.25M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 859 Gretna Green Way | Los Angeles | 2002 | 08/11/2026 | 5 | 6 | 4,902 | 8,510 | $6.50M | $6.45M | $1,315 | 0.99 | 36 | 72 |
| 981 Amherst Avenue | Los Angeles | 2019 | 08/07/2026 | 5 | 7 | 4,753 | 9,222 | $7.25M | $7.25M | $1,525 | 1.00 | 42 | 69 |
| 415 21st Street | Santa Monica | 1982 | 07/06/2026 | 5 | 7 | 4,750 | 8,934 | $6.00M | $6.41M | $1,350 | 1.07 | 25 | 65 |
| 624 22nd Street | Santa Monica | 1989 | 11/10/2025 | 5 | 6 | 4,374 | 7,561 | $6.95M | $7.21M | $1,647 | 1.04 | 42 | 64 |
| 233 Saltair Avenue | Los Angeles | 1929 | 12/02/2025 | 4 | 6 | 4,113 | 10,077 | $7.15M | $7.08M | $1,720 | 0.99 | 41 | 61 |
| Total: 5 · Average | 4.8 | 6.4 | 4,578.4 | 8,860.8 | $6.88M | $6.88M | $1,511.4 | — | 37.2 | ||||
| Median | 4,750 | $7.08M | $7.08M | ||||||||||
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.