Active

301 Ashland Avenue

Santa Monica CA, 90405

$6,700,000


$902.48 per sqft

Active

13 Beds

13 Baths

7,424 sqft

Residential

Built in 1960

Listed by Sean Rosenzweig with Marcus & Millichap 310-909-5500

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.

24358587

MLS ID

February 15, 2024

Listed

March 28, 2024

Updated

Map

301 Ashland Avenue
Santa Monica CA, 90405

Interior Features

Total Stories

3


Bedrooms

13


Total Bathrooms

13


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.18 Acres

Other Property Details

Area Name

C14 - Santa Monica


Days on Market

20


Garage

No


Parking

Covered, Carport, Uncovered


Parking Total

16


View

No


County

Los Angeles


Pool

No


Zoning

SMOP2*


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

3/6/2024

Price Change

$6,700,000

-3%

Listing Contact: 310-909-5500 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. 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 3/28/2024 at 3:17 PM UTC

 

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