301 Ashland Ave, Santa Monica, CA 90405
- $7,500,000
- 13
- BD
- 13
- BA
- 7,424
- SqFt
- List Price
- $7,500,000
- MLS#
- 23-295321
- Year Built
- 1960
- Bedrooms
- 13
- Bathrooms
- 13
- Living Sq. Ft
- 7,424
- Lot Size
- 7,727
- Days on Market
- 14
- Property Type
- Multifamily
- Style
- Mid-Century
- Stories
- 1
Property Description
Exceptional 9-unit apartment building just 3 blocks to the beach. Seven of the nine units have been significantly renovated including adding central air and heat to each, washers, dryers, new appliances, kitchen cabinets, countertops, new bathrooms and contemporary flooring. Extensive recent exterior restoration including landscaping, all new windows, smooth re-stucco, hardware, front doors, handrails, new concrete parking surfaces, plus 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. 16 off-street parking spaces. Assumable financing of approximately $3,800,000 @ 3.3% per annum for approx. 8.5 years, amortized over 30 years.
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Additional Information
- Other Buildings
- None
- Heat
- Central
- Cooling
- Air Conditioning, Central
- View
- Coastline, City
- Number of Cars in Garage
- Carport, Carport Attached, Driveway, Tandem, Offsite, Uncovered
- Water
- Public
Mortgage Calculator
Courtesy of , Lane Aronson - CA DRE#
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