Active

301 Ashland Ave

Santa Monica CA, 90405

$6,695,000


$901.80 per sqft

Active

13 Beds

11 Baths

7,424 sqft

Multi-family

Built in 1960

ASSUMABLE FINANCING of approximately $3,800,000 @ 3.3% per annum for approx. 7.5 years, amortized over 30 years. Listed at $400,000 below the last sale. Exceptional 9-unit apartment building just 3 blocks to the beach. Seven of the nine units have been significantly renovated, including central heat/air, in-unit washers/dryers, appliances, kitchen and bathroom remodels, and contemporary flooring. Extensive exterior restoration including landscaping, all new windows, smooth re-stucco, hardware, front doors, handrails, new concrete parking surfaces, new electrical panel and meters, and much more. Unit mix features five 1-bedroom units and four 2 bedrooms, 2 bath units, 2 of the units having a penthouse like feeling with private ocean view decks. There are two long-time tenants paying a miniscule of their market-value. Current ownership has NOT offered these two tenants cash for keys. 16 off-street parking spaces.

24-420295

MLS ID

July 29, 2024

Listed

November 22, 2024

Updated

Map

301 Ashland Ave
Santa Monica CA, 90405

Interior Features

Total Stories

3


Bedrooms

13


Total Bathrooms

11


Appliances

Dishwasher, Dryer, Washer, Range/Oven, Refrigerator


Fireplace

No


Cooling

Yes


Cooling Description

Air Conditioning, Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.18 Acres

Other Property Details

Area Name

Santa Monica


Days on Market

57


Garage

No


Parking

Carport, Carport Attached, Driveway, Tandem, Offsite, Uncovered


Parking Total

15


View

No


County

Los Angeles


Pool

No


Zoning

SMOP2*

Listed by Peter V Buonocore with Keller Williams Larchmont
Listing Contact: 323-762-2600 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Lee LaPlante shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

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