2929 Colorado Ave | Santa Monica, CA 90404
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2929 Colorado Ave
Santa Monica, CA 90404
Multifamily Property For Sale · 18 Units
PROPERTY FACTS
| No. Units | 18 | Building Size | 21,209 SF |
| Property Type | Multifamily | Average Occupancy | 89% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built/Renovated | 1963/2018 |
| Building Class | B | Parking Ratio | 1.7/1,000 SF |
| Lot Size | 0.49 AC |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.49 AC |
| Building Size | 21,209 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2018 |
| Parking Ratio | 1.7/1,000 SF |
Site Amenities
- Controlled Access
- Gated
About 2929 Colorado Ave , Santa Monica, CA 90404
15 units vacant and `4 have been beautifully remodeled, with ceramic tile flooring, glass tile backsplashes, commercial grade appliances, washer/dryer in the unit, A/C, upgraded electrical and water. Exterior improvements, include newer roof, new entry doors, thumb-print controlled gate access, intercom system, new fences, private patios, and much much more. Don't miss out on this opportunity to achieve an above market rate of return / CAP rate!
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 18 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | 4267-025-028 | Improvements Assessment | $3,752,706 |
| Land Assessment | $8,041,515 | Total Assessment | $11,794,221 |
PROPERTY TAXES
Parcel Number
4267-025-028
Land Assessment
$8,041,515
Improvements Assessment
$3,752,706
Total Assessment
$11,794,221
zoning
| Zoning Code | SMR2 |
| SMR2 |
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