About 301 Ashland Ave
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.
Features of 301 Ashland Ave
| MLS® # | 24-358587 |
|---|---|
| Price | $6,700,000 |
| Bedrooms | 13 |
| Bathrooms | 13.00 |
| Square Footage | 7,424 |
| Acres | 0.18 |
| Year Built | 1960 |
| Type | Residential Income |
| Sub-Type | Apartment Building |
| Status | Active |
Community Information
| Address | 301 Ashland Ave |
|---|---|
| Area | Santa Monica |
| City | SANTA MONICA |
| County | Los Angeles |
| State | CA |
| Zip Code | 90405 |
Amenities
| Parking Spaces | 16 |
|---|---|
| Garages | Other, Covered Parking, Carport, Uncovered |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Cooling | Other |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | No |
Additional Information
| Date Listed | February 15th, 2024 |
|---|---|
| Days on Market | 94 |
| Zoning | SMOP2* |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Sean Rosenzweig (01406343) |
|---|---|
| Office | Marcus & Millichap |