Property Showcase

724 ASHLAND AVESanta Monica, CA 90405 0

$1,700,000
Multi-Family
Status: Active
  • Bed:8
  • Sqft:3,898
  • Lot:5,494 sq ft
  • MLS#: 18378044
34.003841400146484-118.47412872314453
Courtesy Of Coldwell Banker Residential Brokerage

Description:

Perched on top of a hill is this fabulous investment opportunity in the trendy Ocean Park neighborhood of Santa Monica. Freshly painted 4-unit building. Each unit has 2 bed + 1 bath and dining area. All units tenant occupied. Unit 4 was updated in October 2017 with granite countertops, laminate flooring, new kitchen cabinets, and new stove, fridge and dishwasher. Each unit has 1 carport space and extra storage above parking. Large patio/ common area at back of the building. West of Lincoln. This meticulously maintained four-plex is just moments away from the beach, the Pier and the sought-after shops & restaurants on Main Street, Santa Monica & Abbott Kinney, Venice. Please do not disturb tenants. Showings with an accepted offer only.

Main Features:

Listing Status Active Year Built 1956
Floors 3 County Los Angeles
Rental Price $0 Units 4
Zoning SMOP2*

Additional Features:

Appliances Dishwasher
Oven
Range
Refrigerator
Bathroom Description Shower Over Tub
Common Walls Detached/No Common Walls
Cooling Ceiling Fan(s)
None
Entry Living Room
Exterior Stucco
Wood
Faces Faces East
Faces North
Faces South
Faces West
Financing Cash to New Loan
Fireplace Location None
Flooring Carpet
Laminated
Linoleum
Heating Wall Heater
Interior Features Built-Ins
Kitchen Description Remodeled
Tile Counters
Laundry Location None
Levels Two Level
Lot Location None
Owner Pays Gardener
Water
Patio Concrete Slab
Patio Open
Playing Courts None
Pool No Pool
Possession CloseOfEscrow
Roof Composition
Rooms LivingRoom
Special Conditions Standard Sale
Tenant Pays Cable TV
Electricity
Gas
Terms Cash To New Loan
View No View
Water District SANTA MONICA
Windows Vertical Blinds

Extra Features:

Annual Expenses 41620.24 Cap Rate 2.00
Carport Spaces 4 Electric Exp 391.00
Gross Income 86376.00 Insurance Exp 1427.00
Listing Agent License Number 01218699 LP Per SQFT 436.12
Management Exp 5254.00 Net Operating Income 44756.00
Parking Spaces 4 SQFT Source Vendor Enhanced

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is copyrighted in 2018 by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Information deemed reliable but not guaranteed.
Copyright© 2018 Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. All Rights Reserved.
Last Updated On: 10/18/2018 9:48:53 AM

724 ASHLAND AVE, Santa Monica, CA 90405

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Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is copyrighted in 2018 by the Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. Any dissemination of this information in violation of copyright laws is strictly prohibited. TheMLS
Information deemed reliable but not guaranteed.
Copyright© 2018 Combined L.A./Westside Multiple Listing Service, Inc. L.A., CA. All Rights Reserved.
Last Updated On: 10/18/2018 9:48:53 AM

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