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Listed by Peter V Buonocore - DRE #01279107 - Keller Williams Larchmont 323-762-2600 Listing Courtesy of: DRE #00681193

$6,695,000

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301 Ashland Avenue Santa Monica, CA 90405

Cluster Residence

13 Beds

11 Baths

7,424 Sq. Ft.

0.18 Acre Lot

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Last updated on 1/8/2025 3:02 AM

Listing Details

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. Continue reading

MLS#

24420295

Property Type

Cluster

Status

Bedrooms

Bathrooms

Year Built

1960

Square Feet

7,424 sq. ft

Lot Size