301 Ashland Ave.

Exceptional 9-unit apartment building just 3 blocks to the beach. Seven of the nine units have been significantly renovated including adding central air and heat to each, washers, dryers, new appliances, kitchen cabinets, countertops, new bathrooms and contemporary flooring. Extensive recent exterior restoration including landscaping, all new windows, smooth re-stucco, hardware, front doors, handrails, new concrete parking surfaces, plus 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. 16 off-street parking spaces. Assumable financing of approximately $3,800,000 @ 3.3% per annum for approx. 8.5 years, amortized over 30 years.

* Co Listed with Lane Aronson at Berkshire Hathaway