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3028 Colorado Avenue
Santa Monica, CA 90404
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 INFORMATION
| MLS # | PW24196365 | Lot Size | 5,972 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Quadruplex |
| Price | $ 2,195,000
Price Per SqFt: $ 1,037 |
DOM | 297 Days |
| Address | 3028 Colorado Avenue | Type | Residential Income |
| City | Santa Monica | Sq.Ft. | 2,116 Sq. Ft. |
| Postal Code | 90404 | Garage | N/A |
| County | Los Angeles | Year Built | 1940 |
| Bed / Bath | 5 / 0 | Parking | 5 |
| Built In | 1940 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Individual Room, See Remarks |
| Has Fireplace | No |
| Fireplace Information | None |
| EntryLocation | 1st and 2nd Floor |
| Entry Level | 1 |
EXTERIOR FEATURES
| FoundationDetails | Slab |
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,341
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/25/2024 | Listed | $2,195,000 |
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Listing provided courtesy of Spencer Anderson, Spencer Anderson, Broker. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
