4 months on rocket

301 Ashland Ave, Santa Monica, CA, 90405

$6,695,000

13 Bedrooms
11 Baths
7,424 SqFt
$902/SqFt
House

Location

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Property Highlights

Home TypeOther
ParkingAttached Carport, Carport, Driveway, Garage, Off Site, Tandem, Uncovered
Attached GarageYes
Year Built1960
HeatingCentral
CoolingCentral Air
MLS #24420295
Lot Size0.18 Acres
StatusActive

About 301 Ashland Ave

ASSUMABLE FINANCING of approximately $3,800,000 @ 3.3% per annum for approx. 7.5 years, amortized over 30 years. Listed at $400,000 below 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.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 3
  • Living Area: 7,424 SqFt

Listing Office:

  • Office Name: Keller Williams Larchmont
  • Office Phone: (323) 762-2600
  • Listing Agent: Peter V Buonocore

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer

Bedroom and Bathroom Information:

  • Total Bedroom Count: 13

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached Carport, Carport, Driveway, Garage, Off Site, Tandem, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Corner of 3rd and Ashland Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,695,000
  • Price Per SqFt: $902/SqFt

Tax Information:

  • Annual Amount: $59,370
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Santa Monica, CA.

Med. Sold Price

$1.8M

Med. Price/SqFt

$1,106

Avg. Days On Market

33

# of Sold Homes

39

301 Ashland Ave vs Santa Monica

145 DAYS ON ROCKET

+112 Days

$6,695,000

+$4.7M More

$902/SqFt

-$204 Less

KEY TAKEAWAY

This property is $4.7M more than the Median Sold Price and $204/SqFt less than other homes in Santa Monica, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24420295

Listing Office:

  • Office Name: Keller Williams Larchmont
  • Office Phone: (323) 762-2600
  • Listing Agent: Peter V Buonocore

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 2:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 11, 2020Home Sold
$4,900,000
Apr 24, 2017Home Sold
$3,000,000

Tax History

YEARPROP. TAXASSESSMENT
2021$59,370$4,951,864
2020$38,581$3,183,623
2019$36,266$3,121,200
2018$4,659$3,060,000
2017$4,659$267,342

History based on county public records data.

Payment Calculator

$33.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$20.1K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-852769
5
/10
  • Westminster Avenue Elementary

  • 1010 Abbot Kinney Blvd

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-852770
6
/10
  • Will Rogers Learning Community

  • 2401 14th St

  • 0.92 miles

  • Public District Grades KG-5

school-card-donut-852771
8
/10
  • Broadway Elementary School

  • 1015 Lincoln Blvd

  • 1.05 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,890. The majority of Santa Monica, CA residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 301 Ashland Ave

What is the listing price of this property?

The listing price of 301 Ashland Ave property is $6,695,000.

What type of property is this?

The property 301 Ashland Ave is a house located in Santa Monica, California, 90405.

Is this property for sale now?

Active Listing: 301 Ashland Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $59,370 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 11, 2020 for $4,900,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 301 Ashland Ave has 13 bedrooms and 11 bathrooms.

What is the square footage of this property?

The property 301 Ashland Ave is 7,424 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 301 Ashland Ave is 1960.
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Rocket HomesCaliforniaLos Angeles CountySanta Monica90405301 Ashland Ave

This home is located at 301 Ashland Ave in Santa Monica, CA and zip code 90405 in the Ocean Park neighborhood. This 7,424 square foot home, which was built in 1960, sits on a 0.18 acre lot. Features: 13 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $6,695,000.

In November 2024 more than 12 listings in Santa Monica, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 24 were sold below. In November 2024 in Santa Monica, CA there were 4.4% less homes for sale than in October 2024. In November 2024 median list price was $1,898,147 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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