ASSUMABLE FINANCING of approximately $3,800,000 @ 3.3% per annum

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Home For Sale

301 Ashland Ave

Santa Monica, California 90405

Los Angeles County

Community: 

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$6,695,000 13 br, 0.0 bath 7424 sq. ft. 0.177 acres

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.

Interior:
  • Bedrooms: 13
  • Baths: 0.0
  • Sq Ft: 7424
  • Year Built: 1960
  • Utilities: 
  • Fireplaces: 
  • Stories: 3
  • Heat/AC: Central Furnace
  • Garage: Carport, Driveway, Offsite, Tandem
Exterior:
  • Lot Size: 0.177 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: 24-420295
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Contact Information:
Beach Home For Sale in Santa Monica, California
Listing Agent: Peter V Buonocore, Keller Williams Larchmont, 323-762-2600, 323-762-2600 Listing Site, Listing Status: Active
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5212705
Viewed 32 times.
Updated: Jul 31, 2024

This property is a Home located at 301 Ashland Ave, Santa Monica, California 90405, and is currently For Sale at $6,695,000. This Home has 13 bedrooms, 0.0 baths, 7424 sq ft.

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