Keller Williams Hollywood Hills - Josana Joseph
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Listing Courtesy Of: Keller Williams Larchmont, 323-762-2600, Peter V Buonocore
Local Realty Services Provided By: Keller Williams Santa Monica
Overview
What It'll Cost
Neighborhood
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$6,695,000
301 Ashland Ave, Santa Monica, CA 90405
13 Beds
11 Baths
7,424 sq ft
.18 ac
$6,695,000

301 Ashland Ave, Santa Monica, CA 90405

Estimation provided by Keller Williams Realty Inc.
13 Beds
11 Baths
7,424 sq ft
.18 ac
Active Under Contract
For Sale

Property Description

ASSUMABLE FINANCING of approximately $3,550,000 @ 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 one long-time tenant paying a miniscule of their market-value. Unit #2 with previous low paying tenant has just been vacated and is now vacant. Will need updating. Current ownership has NOT offered these the other low paying tenant cash for keys. 16 off-street parking spaces.

Property Details

Compare This Home
Overview
Property Type
Residential Income
Property Size
7,424 sq ft
Year Built
1960
Days on Site
239 Days
HVAC
Cooling: Air Conditioning, Central, Heating: Central
Parking
15 Parking Spaces
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

Activity History

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SAVES
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SHARES
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Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Estimated Monthly Payment

Purchase Price: $6,695,000
Principal + Interest
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Price & Tax History

Date
Event
Price
07/30/2024
Price Decrease
$6,695,000
(-0.07%)
07/29/2024
Listed
$6,700,000
(-5.63%)
02/01/2022
Sold
$7,100,000
(+44.9%)
02/04/2020
Sold
$4,900,000
(+63.33%)
04/14/2017
Sold
$3,000,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$85,741
(+40.96%)
$7,243,100
Land 5,069,400 + Additions 2,173,700
2022
$60,826
(+2.45%)
$4,951,864
Land 3,031,080 + Additions 1,920,784
2021
$59,370
(+53.88%)
$4,951,864
Land 3,031,080 + Additions 1,920,784
2019
$38,582
(+728.06%)
$3,183,623
Land 2,462,002 + Additions 721,621
2017
$4,659
$3,060,000
Land 2,366,400 + Additions 693,600
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

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