Pacific Shores Real Estate
Sean Papst, Pacific Shores Real EstatePhone: (714) 642-3179
Email: [email protected]

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listing
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Residential IncomeFor Sale
$6,700,000
301 Ashland Avenue
Santa Monica, CA 90405
Listed by Sean Rosenzweig DRE#01406343 [email protected] Marcus & Millichap
MLS: California Regional MLS (CRMLS)
13Beds
13Baths
7,424Sq Ft
Est. Mortgage
$34,684/mo

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.

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Information courtesy of Marcus & Millichap is subject to verification and is not guaranteed.
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