301 Ashland Avenue, Santa Monica, CA 90405 (MLS # 24420295)

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PRICE $6,695,000 dsIDX morgage calculator
BEDS 13
BATHS 11
HOME SIZE 7,424 sqft
LOT SIZE 7,728 sqft
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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.

DAYS ON MARKET 150 LAST UPDATED 7/30/2024
YEAR BUILT 1960 COMMUNITY Santa Monica
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Jul 30, '24 $6,700,000
Jul 30, '24 - Today $6,695,000


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Refrigerator, Washer
AREA Santa Monica
GARAGE Attached Carport, Carport, Driveway, Garage, Off Site, Tandem, Uncovered, Yes
HEAT Central
LOT 7729 sq ft
PARKING Attached Carport,Carport,Driveway,Garage,Off Site,Tandem,Uncovered
STORIES 3
ZONING SMOP2*
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Keller Williams Larchmont

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