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724 Ashland Ave
Santa Monica, CA 90405
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Current Cap Rate ~ 4.82%
- Brand New Gut Renovations (2019/2020),Units Feature High-End Condo Grade Finishes
- Ample Storage and Parking for all Units & Large Patio/Common Area
- 6 Blocks to The Ocean
- Delivered Fully Occupied
- Utilities Sub-metered & Assumer RUBS Income For Year One
Property Facts
| No. Units | 4 | Building Size | 3,898 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1956/2020 |
| Building Class | B | Parking Ratio | 2.05/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | SMOP2 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 3,898 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1956/2020 |
| Parking Ratio | 2.05/1,000 SF |
| Zoning | SMOP2 |
Amenities
Unit Amenities
- Dishwasher
- Stainless Steel Appliances
Site Amenities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 3+2 | 3 | - | - |
Property Taxes
| Parcel Number | 4287-030-023 | Improvements Assessment | $1,515,404 |
| Land Assessment | $2,164,864 | Total Assessment | $3,680,268 |
Property Taxes
Parcel Number
4287-030-023
Land Assessment
$2,164,864
Improvements Assessment
$1,515,404
Total Assessment
$3,680,268
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