Ashland Ave, Santa Monica, Home For Sale

house for sale

Listed: 08/19/24

301 Ashland Ave, Santa Monica, California, 90405

13 Bed:

11 Bath:

7,424 Sq Ft Living Area:

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Price

$ 6,7M

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About This House

Assumable financing of approximately$3, 800, [email protected]% per annum for approx. 7.5 years, amortized over 30 years. Listed at$400, 000below 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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Houses for sale in Santa Monica

Original listing

Ocean Park Housing & Living

Household Income

Median household income: $86,084

Number of households: 46,358

The average household income in Santa Monica, CA grew from $82,123 to $86,084 in the past year. This data is an estimate based upon 46,358 households in Santa Monica, CA.
The chart below presents how household income is distributed in Santa Monica, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Santa Monica, CA compared to median property taxes around the country. The prevalent amount of property taxes in Santa Monica, CA equals $3k+ , which is more than the national average.