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835 Ashland Avenue, Santa Monica, CA 90405

$4,300,000 -$100,000 (-2.27%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago
835 Ashland Avenue, Santa Monica, CA 90405 View this property at 835 Ashland Avenue, Santa Monica, CA 90405
835 Ashland Avenue Santa Monica CA 90405

Property Description

Per Seller, units 7 & 8 have rents lower than market, and can be delivered vacant at the COE. Actual income reflects units 7 & 8 at market rents. One bedroom units have a den.

Full Property Details for 835 Ashland Avenue

  • Price: $4,300,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 16-183090
  • Updated: 4/19/2017
  • Added: 151 day(s) ago

Property History

  • 835 Ashland Avenue, Santa Monica, CA
  • Reduced to $4,300,000 on 4/19/17
  • Reduced to $4,400,000 on 3/23/17
  • Listed at $4,500,000 on 11/23/16

Interior

  • Cooking Appliances: Range

Rooms

Other Rooms

  • Laundry: Individual Room, Individual Room

Parking

  • Parking Features: Covered Parking
  • Parking: Covered Parking

Location

  • Area: Santa Monica (C14)
  • County: Los Angeles
  • Development Name: Santa Monica (C14)
  • Driving Directions: 9-U apt building near Lincoln Blvd & Ocean Park Ave. Excellent owner/user opportunity. Potential +/-24% rental income upside! Some units have ocean views. Great value-add opportunity w/ large units, on-site laundry & 9 parking spaces. Building faces west w/ unobstructed views to the west. Walk to Gelsons, Starbucks, Whole Foods, Main St & the beach

Heating & Cooling

  • Heating Type: Wall Gas
  • Heating Fuel: Wall Gas
  • Water Heater: Central Water Heater

Structural Information

  • # Buildings: 1
  • Common Walls: Attached
  • Stories/Levels: Two Level
  • Stories Description: Two Level
  • Square Feet: 8,986
  • Year Built: 1966

Unit Information

Unit 1

  • Total Bathrooms: 1.75
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1.5
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1.5
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1.75
  • Bedrooms: 2

Unit 5

  • Total Bathrooms: 1.5
  • Bedrooms: 2

Unit 6

  • Total Bathrooms: 1.5
  • Bedrooms: 1

Unit 7

  • Total Bathrooms: 1.75
  • Bedrooms: 2

Unit 8

  • Total Bathrooms: 1.75
  • Bedrooms: 2

Unit 9

  • Total Bathrooms: 1

Lot Features

  • Property View: Peek-a-Boo View
  • Lot Size (Sq. Ft.): 8,736
  • Lot Size Source: Other
  • Alley: Y
  • Zoning: SMR2*

Financial Considerations

  • Price Per Sq. Ft.: $478.52

Disclosures and Reports

  • Legal Disclosures: Rent Control

Listed by Laurie J. Lustig, Laurie Lustig - CA DRE: 00979360

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Estimate the Cost

835 Ashland Avenue will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

835 Ashland Avenue, Santa Monica, CA 90405 (MLS# 16-183090) is a Multi-Family property with 9 units containing 0 bedrooms and 0 full bathrooms. 835 Ashland Avenue is currently listed for $4,300,000 and was received on November 23, 2016. Want to learn more about 835 Ashland Avenue? Do you have questions about finding other Multi-Family real estate for sale in Santa Monica? You can browse all Santa Monica real estate or contact a Coldwell Banker agent to request more information.

Listed by Laurie J. Lustig, Laurie Lustig - CA DRE: 00979360