Active

301 Ashland Avenue

Santa Monica CA, 90405

$6,695,000


$901.80 per sqft

Active

13 Beds

11 Baths

7,424 sqft

Residential

Built in 1960

Listed by Peter V Buonocore with Keller Williams Larchmont 323-762-2561

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.

24420295

MLS ID

July 29, 2024

Listed

October 4, 2024

Updated

Map

301 Ashland Avenue
Santa Monica CA, 90405

Interior Features

Total Stories

3


Bedrooms

13


Total Bathrooms

11


Appliances

Dishwasher, Refrigerator, Dryer, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.18 Acres

Other Property Details

Area Name

C14 - Santa Monica


Days on Market

57


Garage

Yes


Parking

Attached Carport, Carport, Driveway, Garage, Off Site, Tandem, Uncovered


Parking Total

15


View

No


County

Los Angeles


Pool

No


Zoning

SMOP2*

Listing History

Date

Event

Price

7/30/2024

Price change

$6,695,000

-1%

Listing Contact: 323-762-2600 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/4/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/4/2024 at 1:45 AM UTC

 

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