301 Ashland Avenue

Santa Monica, CA 90405

  • 13 Bed(s)
  • 0 Bath(s)
  • 7,424 Sqft
  • 7729
    Sqft(Lot)
$6,695,000

Description

Assumable financing of approximately $3,550,000 @ 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 one long-time tenant paying a miniscule of their market-value. unit #2 with previous low paying tenant has just been vacated and is now vacant. will need updating. current ownership has not offered these the other low paying tenant cash for keys. 16 off-street parking spaces.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    46502066

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Property Details

  • Bedroom Information

    • Total Bedrooms : 13

    Bathroom Information

    • Total Baths: 11
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Dishwasher,Refrigerator,Dryer,Washer

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

  • Building Information

    • Year Built: 1960
    • Building Area Total: 7,424

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1774
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 7729

  • Listing Price Information

    • Original List Price: 6,695,000
    • Listing Contract Date: 2024-07-29

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4287022017

  • Garage and Parking

    • Garage Description: Attached Carport,Carport,Driveway,Garage,Off Site,Tandem,Uncovered
    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C14 - Santa Monica
    • Postal Code Plus 4: 5439
    • Directions: Corner of 3rd and Ashland Avenue
    • Zoning: SMOP2*
    • Source Property Type: Residential Income
    • Area: C14 - Santa Monica

    Building and Construction

    • Property Age: 65
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 7424
    • Levels or Stories: Multi/Split
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BuyOwner last updated this listing 01/30/2025 @ 10:32

  • MLS: 24420295
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 13 bedrooms which is for sale, it has 7,424 sqft, 7,729 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Santa Monica , in zip code 90405, this Los Angeles County Home are nearby neighborhoods.