607 Ashland - Multi-Family FOR SALE


Santa Monica, CA 90405- Ocean Park
$2,145,000 USD
310-383-5927
607 Ashland, Santa Monica, CA for Sale
$2,145,000 USD
Multi-Family - FOR SALE
1/22
null | 3.18% Cap Rate

607 Ashland
Santa Monica, CA 90405
Ocean Park


HIGHLIGHTS

  • Duplex + Office/Studio
  • Blocks away from the Beach
  • ADU Potential with Studio/Office

OVERVIEW

(LAST SALE PRICE NOT ACCURATE) Duplex + Office/Studio - 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.

FOR SALE DETAILS

PRICE

$2,145,000 USD

PRICE/SF

$1,284 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,072,500

CAP RATE

3.18%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,530 SF

ZONING

SMOP2*

APN/PARCEL ID

4287-019-022

ASK ABOUT THIS PROPERTY

Chase SimontonRE/MAX One - Simonton Commercial GroupMore Info
310-383-5927

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Chase SimontonRE/MAX One - Simonton Commercial GroupMore Info
310-383-5927

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.