301 Ashland AVE Active Save Request In-Person Tour Request Virtual Tour
Santa Monica,CA 90405
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,424 sqft
Price per Sqft $901
MLS Listing ID 24420295
Bedrooms 13
HOA Y/N No
Year Built 1960
Lot Size 7,727 Sqft
Acres 0.1774
Property Description
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.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMOP2*
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher,Refrigerator,Dryer,Washer
Exterior
Garage Attached Carport,Carport,Driveway,Garage,Off Site,Tandem,Uncovered
Parking Type Attached Carport,Carport,Driveway,Garage,Off Site,Tandem,Uncovered
Attached Garage Yes
Total Parking Spaces 15
Building
Story 3
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4287022017
Special Listing Condition Standard