301 Ashland Ave, Santa Monica, CA 90405
- $6,700,000
- 13
- BD
- 13
- BA
- 7,424
- SqFt
- List Price
- $6,700,000
- Price Change
- ▼ $200,000 1709770119
- MLS#
- 24-358587
- Status
- ACTIVE
- Type
- Multifamily
- Bedrooms
- 13
- Bathrooms
- 13
- Living Area
- 7,424
Property Description
We are pleased to offer for sale a nine-unit apartment community located at 301 Ashland Avenue. The subject property is located just three blocks from the beach, in an excellent Santa Monica location. Situated on a 7,727 square foot parcel, the property is comprised of five one-bedroom units and four two-bedroom units with spacious layouts and offers 16 parking spaces. The property has undergone a comprehensive renovation program to the exterior, common area and majority of the interior units. 78% of the units feature stainless steel kitchen appliances, in-unit washer/dryer, central heat/AC, new flooring, new countertops, new bathrooms, new lighting & more. Exterior renovations include new windows in all units, new landscaping, new smooth stucco, new electric meters/panel, new front doors & more. The continued growth of the surrounding submarket along with the high-quality interior & exterior renovations makes 301 Ashland Avenue an excellent investment opportunity poised for long term stability.
Additional Information
- Year Built
- 1960
- Garage
- Other, Covered Parking, Carport, Uncovered
Mortgage Calculator
Courtesy of Marcus & Millichap, Sean Rosenzweig.
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