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
October 2, 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 10/2/2024
