607 Ashland 2 Unit Apartment Building Offered at $2,145,000 at a 3.18% Cap Rate Santa Monica, CA 90405

(LAST SALE PRICE NOT ACCURATE) Duplex + Office/Studio (ADU Potential - Can Be Easily Converted into an ADU with Kitchen & Bathroom for $2,000/month - Located 6 Blocks From the Beach and Main St) - Charming Craftsman-style duplex at 607 Ashland Ave, perched above a quiet, tree-lined street in Santa Monica’s highly desirable Ocean Park neighborhood, just four blocks to Main Street and six blocks to the beach. Both units feature private, separate entrances and are filled with natural light, offering hardwood floors, recessed lighting, skylights, and a newly constructed dog run along the side of the home. The 1-bedroom, 1-bath front unit includes an open kitchen, Dutch door, and a classic Craftsman front deck with built-in bench seating, ideal for al fresco dining. The 2-bedroom, 1-bath rear unit boasts a spacious open kitchen, vaulted ceilings, private front and rear gated entrances, and an expansive exclusive-use fenced courtyard designed for indoor-outdoor entertaining. A detached studio with high vaulted ceilings and an oversized skylight provides flexible use as a home office, fitness or yoga studio, or bonus space. This unique property offers exceptional flexibility and value, ideal for an owner-user, an income-producing duplex at strong current market rents, or potential reconfiguration into a single-family residence. Studio not included in total square footage.