Income Home for Sale in Santa Monica, California

301 Ashland Avenue, Santa Monica, California 90405, US

$ 6,695,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 6,695,000
  • MLS ID: 24420295
  • Property Type: Income Home
  • WEB ID: PR02941714
  • Property Status: Active
  • Lot Size: 7,729sqft
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California
  •  Income Home for Sale in Santa Monica, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 6,695,000
  • MLS ID: 24420295
  • Property Type: Income Home
  • WEB ID: PR02941714
  • Property Status: Active
  • Lot Size: 7,729sqft
ASSUMABLE FINANCING of approximately $3,800,000 @ 3.3% per annum for approx. 8 years, amortized over 30 years. 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. 16 off-street parking spaces.

Additional Features

  • Central
  • Multi/Split
  • Parking spaces: 15.00
  • Listing Status: Active
  • Listing Agent: Peter V Buonocore (lic# 01279107) of Beverly Hills/Greater LA
  • Listing Office: Keller Williams Larchmont (lic# 01870534)
  • CO-Listing Agent: Lane Aronson (lic# 00681193) of Out of Area Board
  • CO-Listing Office: Berkshire Hathaway HomeServices California Properties (lic# 01317331)
  • Based on information from CRISNet MLS as of 21st November 2024 at 12:23am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Areas of expertise
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