Ignite FB Tracking Pixel301 Ashland Avenue, Santa Monica, CA 90405 - Nicole Grey
Pinnacle Estate Properties, Inc.
Nicole Grey, Pinnacle Estate Properties, Inc.Phone: (818) 469-5007
Email: [email protected]
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listing
1 of 33
Residential IncomeFor Sale
$6,695,000
301 Ashland Avenue
Santa Monica, CA 90405
Listed by Peter V Buonocore DRE#01279107 [email protected] Keller Williams Larchmont
MLS: California Regional MLS (CRMLS)
13Beds
11Baths
7,424Sq Ft
Est. Mortgage
$34,658/mo

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.

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Information courtesy of Keller Williams Larchmont is subject to verification and is not guaranteed.
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