3028 Colorado AVE Active Save Request In-Person Tour Request Virtual Tour
Santa Monica,CA 90404
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24196365
Year Built 1940
Lot Size 5,972 Sqft
Property 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.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Fireplaces Type None
Laundry Laundry Room,See Remarks
Exterior
Parking Features Assigned,Paved,One Space
Pool None
Community Features Curbs,Sidewalks
Utilities Available Sewer Connected,Water Connected
Building
Lot Description Corner Lot
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan,Conventional,FHA
Listing Terms Cash to New Loan,Conventional,FHA
Special Listing Condition Standard