836 Ashland Avenue, Santa Monica, CA 90405

The property consists of a 5,387 SF building situated on a 7,501 SF lot, built in 1960. The building has (1) 3-bed/2-bath and (6) 2-bed/2-bath units. Some units have private patios or balconies. There is an on-site laundry facility. Unit 3 and 6 are being renovated. New roof, new main and subpanels, new plumbing lines and new windows. Given the ideal location and in-place income, this is an excellent opportunity for an owner/user or a yield-focused investor to acquire an asset in Prime Santa Monica area.