301 Ashland Avenue, Santa Monica, CA 90405 (MLS # 24358587)
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.
Property Type(s):
Residential Income
|
Last Updated
|
3/6/2024
|
Year Built
|
1960
|
|
Community
|
Santa Monica
|
County
|
Los Angeles
|
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* |
Location
Listed with Marcus & Millichap
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/2/24 9:08 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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