301 Ashland Avenue, Santa Monica, CA 90405 (MLS # 24358587)
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We are pleased to offer for sale a nine-unit apartment community located at 301 Ashland Avenue. The subject property is located just three blocks from the beach, in an excellent Santa Monica location. Situated on a 7,727 square foot parcel, the property is comprised of five one-bedroom units and four two-bedroom units with spacious layouts and offers 16 parking spaces. The property has undergone a comprehensive renovation program to the exterior, common area and majority of the interior units. 78% of the units feature stainless steel kitchen appliances, in-unit washer/dryer, central heat/AC, new flooring, new countertops, new bathrooms, new lighting & more. Exterior renovations include new windows in all units, new landscaping, new smooth stucco, new electric meters/panel, new front doors & more. The continued growth of the surrounding submarket along with the high-quality interior & exterior renovations makes 301 Ashland Avenue an excellent investment opportunity poised for long term stability.
| DAYS ON MARKET | 94 | LAST UPDATED | 3/6/2024 |
|---|---|---|---|
| YEAR BUILT | 1960 | COMMUNITY | Santa Monica |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Mar 6, '24 | $6,900,000 |
|---|---|
| Mar 6, '24 - Today | $6,700,000 |
| ADDITIONAL DETAILS | |
| AREA | Santa Monica |
|---|---|
| BUYER'S BROKERAGE COMPENSATION | 2.000 % |
| GARAGE | Carport, Covered, Uncovered |
| LOT | 7727 sq ft |
| PARKING | Covered,Carport,Uncovered |
| STORIES | 3 |
| ZONING | SMOP2* |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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