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301 Ashland Ave
Santa Monica CA 90405 US

$6,695,000

Active Listing ID 24-420295
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13 bed
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Lot: 0.18 Acres
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Other

$6,695,000

Active Listing ID 24-420295
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301 Ashland Ave 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.

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Property Features

  • Facts
  • Lot Size: 0.18 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 6695000
  • unparsedaddress: 301 Ashland Ave
  • postalcity: Santa Monica
  • stateorprovince: CA
  • country: US
  • postalcode: 90405
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1774
  • lotsizeunits: Acres
  • lotsizearea: 0.1774
  • livingarea: 7424
  • livingareaunits: Square Feet
  • listagentfullname: Peter V Buonocore
  • listagentemail: PETE@COREGROUPLA.COM
  • listagentkey: 3yd-CLAWCA-X44966
  • listagentmlsid: X44966
  • listagentpreferredphone: 3237622600
  • listagentofficephone: 3237622600
  • listofficekey: 3yd-CLAWCA-X74850
  • listofficemlsid: X74850
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1960
  • listingcontractdate: 2024-07-29
  • listagenturl: http://www.kwlarchmont.com
  • countyorparish: Los Angeles
  • parcelnumber: 4287-022-017
  • heating: Central Furnace
  • numberofunitstotal: 9
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 15
  • parkingfeatures: Carport, Driveway, Offsite, Tandem
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 11/8/2024 8:55:23 AM GMT
Source Updated Date: 11/26/2024 6:52:36 AM GMT

Courtesy of: Peter V Buonocore, Keller Williams Larchmont, PETE@COREGROUPLA.COM

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.