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.
Property Type :
Residential Income
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 05/15/2024 @ 08:26
MLS: 24358587
LISTED BY: Sean Rosenzweig, Marcus & Millichap
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
