
SoldMultifamily
835 Ashland Ave
Sold | $4.64M
Santa Monica, CA 90405 | Closed 4/24/2022
Property Highlights
9
Units
$515,556
Price / Unit
1960
Year Built
2022
Year Sold
9 Units on Ashland Ave. Quiet Money.
Ashland Ave is one of those quiet Santa Monica streets where buildings trade at a premium because owners hold for decades and inventory almost never comes up. Nine units, well-maintained, $515K per door. We matched this with a buyer from our Santa Monica investor network who had been waiting for something on this side of town. Sometimes the right deal is just a matter of timing and knowing who's looking.
Transaction Highlights
- $515K per unit on a low-turnover Santa Monica street
- Buyer was already in our network, waiting for the right one
- Closed April 2022 at strong pricing
- Ashland Ave: quiet residential pocket, premium rents
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