301 1/2 Ashland Avenue, Santa Monica, CA 90405

$3,345,000 Approx. USD 13 beds, 1 baths
7,424 sqft

Agent Remarks

OCEAN VIEW SANTA MONICA BEACH!!! Amazing Santa Monica Location 3 Blocks from world famous Santa Monica Beach and just one block from the gorgeous shops and restaurants on Main Street in Santa Monica. Fantastic unit mix and excellent parking. Ocean Views from some units! The previous owner did not raise rents for over 50 years!!! Over 600% upside in rents at projected market rents. Rents are at approximately 17% of market or 83% below market. The units are subject to Rent Control but rents can be raised to market when a unit becomes vacant. See private remarks and attached brochures.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 16-130932
List price is $3,345,000 Reduced by $650,000 on 10/24/2016
Beds: 13
Baths: 1
Built in 1960
7,424 sqft
2 Story stories
County: Los Angeles
Zoning: SMOP2*
Parking type: Other,Carport Attached
Heating description: Wall Gas
MLS area: Santa Monica (C14)

Last Updated: 3/15/2017

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This listing belongs to the Santa Monica (C14) MLS area

The listing is zoned SMOP2.
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Lat/Long: 34.000854, -118.479461.
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Broker: Courtesy of Matthew Bradley Mandel
Listing Agent: Matthew Mandel
Co Listing Agent: Brett Daniels

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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