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Closed
- Listed price
- $3,987,974
- Listed Sep 26, 2018
- Sold price
- $3,200,000
- Sold Dec 6, 2018
7,039 sqft lot|1976 Built|37 MLS days on market
523 Ashland Ave, Santa Monica, CA 90405
Property Description
This charming small complex is tucked away on a tranquil, tree lined street. This prime 7 unit Ocean Park investment enjoys open floor plans with amazing natural light and ocean breezes. Mid-Century Modern, and just 4 blocks to the ocean, or a quick bike ride to the famed 3rd St Promenade, Pier, Sunday farmers market, chic Montana Ave dining and shopping, or your tenants will appreciate all that Main St has to offer. They will soak in the romantic sunsets or escape to the waves; this is the ultimate Santa Monica location and home to the most amazing world class beaches. A fabulous location, fashionable shopping and trendy restaurants, surrounded by the ocean, beaches, and parks, yet freeway close, you are CA dreaming in paradise; welcome to Santa Monica. Units 2 and 4 have been remodeled and upgraded with granite counter tops and gleaming laminate wood flooring. The huge owner's unit boasts 3 bedrooms, and 2 1/2 baths, 2 balconies, plus a one car garage. All other units enjoy one balcony, which is great for a BBQ. There is also ample parking. 6 tandem parking spaces, 4 single parking spaces, and the one car garage, brings the count to 11. Locking storage cabinets are located above many of the spaces. Also included is an onsite laundry room, complete with a coin operated washer, dryer, folding counter and sink. Plenty of room to store surf boads and bikes. Own a piece of Southern California's most sought after gem..Santa Monica! 7 minutes to UCLA and freeway friendly.
Listing agent: Nancy DuShane-BankDRE #01134869ndbank@earthlink.net, Listing office: Re/Max Cornerstone
MLS data updated 11/4/2026, 4:50:56 AM PT
Source: CRMLSMLS #: PW18232766
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$3,200,000
Dec 6, 2018
Available records22018
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90405 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90405 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.