3028 Colorado Avenue
Santa Monica, CA 90404
0.14 acres | #PW24196365
Description
Fully approved plans (RTI) for 2 additional units (both ADUs are 3 bedrooms + 2 bathrooms and projected to rent for $6K/month each) resulting in a 6-Unit Property that will total 4,102 square feet of living area on a 5,972 square foot lot in a prime area of Santa Monica! This rare opportunity offers a corner lot with alley access and is ideal for an owner/user or investor. The charming, existing 4-unit building is situated on the front half of the large lot, providing space for the two new approved units and the 5 on-site parking spots along the rear alley.
The property is located in the heart of “Silicon Beach” which is home to numerous technology companies, including being less than one mile from large office campuses including the Water Garden, the West Edge, Riot Games Headquarters, and the Colorado Center with office tenants including Amazon, Hulu, and Roku.
Property Details
- Utility FeaturesSewerConnected, WaterConnected
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$2,195,000
- MLS #PW24196365
- Property SubtypeQuadruplex
- MLS #PW24196365
- Lot DescriptionCornerLot
- Cost2195000
- Acres0.1371
- Utility SourcePublic
- Year Built1940
- FoundationSlab
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Spencer Anderson (#PWANDSPE)
Listing Office: Spencer Anderson, Broker (#PB20781)
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