301 ASHLAND Avenue Santa Monica, CA 90405

0 Bedroom,

  • Residential Income
MLS: #18342618
$5,250,000
COMMENTS
$675, 000 TOTAL PRICE REDUCTION!!! Unbelievable opportunity. 301 Ashland Avenue is an excellent opportunity to acquire a true pride of ownership property in one of the best rental locations in prime Santa Monica. Walking distance to the heart of Main Street and the Ocean, the property was built in 1960, and there is massive rental upside. The 9 unit building boasts a great unit mix consisting of Five large 2 bedrooms and Four 1 bedroom units, each with a dynamite floorplan flooded with natural light. Other unit features include hardwood floors, private balconies, and ocean views (select units). SEVEN units will be delivered VACANT at the close of escrow, which will create an extraordinary opportunity for a Buyer to capitalize on immediate upside or create a beautiful family compound walking distance to the beach. Additional property features include an on-site laundry room and ample resident and guest parking with 18 total spaces.

Property Features

  • Price per Sqft: $707
  • Year Built: 1960
  • Stories: 2
  • Lot Size: 7,727 SqFt
  • Parking Type: Carport Attached
  • Total Floors in Building: 2
  • Dryer: 1
  • County: Los Angeles
  • Area: C14 - Santa Monica

Location

Directions: Just a block from Main Street on on of the best streets in Ocean Park.

Listing courtesy of Remax Commercial and Investmen
Based on information from California Regional Multiple Listing Service, Inc. 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, 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.

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