3017 Colorado Avenue

    Santa Monica, CA 90404
    • $2,899,000
    • STATUS: Active
    • ON SITE: 13 days
    • ID#: 18402996
    UPDATED: 54 min ago
    $2,899,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:

    School Ratings & Info

    Description

    Rare opportunity to own 2 adj sets of units in a prime location of Santa Monica. Walk to the The Water Garden, Lionsgate Entertainment, Edmunds Corporate Campus, Universal Publishing, the Metro and a plethora of restaurants. #A: 2/2, completely remodeled, central heat, laundry room w/washer/dryer, large kitchen and living room &3 parking spaces #B: 1/1 upstairs unit, completely remodeled, wall heater, 2 window AC units, tankless WH, new washer/dryer & 1 parking space #C 1/1 bath downstairs in original condition w/long term tenant & 1 parking space #D: 2/1 bath rear unit, completely remodeled, high ceilings, new solar attic fan, central heat, laundry room w /washer/dryer & 2 parking spaces. Don't let this be a missed opportunity. Buy now, develop later. Buyer to cooperate with Sellers 1031 tax deferred exchange at no cost to Buyer. Sold together with 3013 Colorado, MLS #18-402994. One unit available to be shown. Interior pics upon request.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T09:28:25.883. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/89053728

    3017 Colorado Avenue Santa Monica, CA 90404

    • Price: $2,899,000
    • Status: Active
    • Updated: 54 min ago
    • ID#: 18402996
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1914
    Built
    Neighborhood:
    C14 - Santa Monica
    County:
    Los Angeles
    Area:
    C14 - Santa Monica
    Property Description
    Rare opportunity to own 2 adj sets of units in a prime location of Santa Monica. Walk to the The Water Garden, Lionsgate Entertainment, Edmunds Corporate Campus, Universal Publishing, the Metro and a plethora of restaurants. #A: 2/2, completely remodeled, central heat, laundry room w/washer/dryer, large kitchen and living room &3 parking spaces #B: 1/1 upstairs unit, completely remodeled, wall heater, 2 window AC units, tankless WH, new washer/dryer & 1 parking space #C 1/1 bath downstairs in original condition w/long term tenant & 1 parking space #D: 2/1 bath rear unit, completely remodeled, high ceilings, new solar attic fan, central heat, laundry room w /washer/dryer & 2 parking spaces. Don't let this be a missed opportunity. Buy now, develop later. Buyer to cooperate with Sellers 1031 tax deferred exchange at no cost to Buyer. Sold together with 3013 Colorado, MLS #18-402994. One unit available to be shown. Interior pics upon request.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes

    Property Features

    Gross Multiplier 20.64 Gross Operating Income 140460.00 Insurance Expense 3799.00 Licenses Expense 1158.00 Maintenance Expense 1000.00 Net Operating Income 129563.00 Special Listing Conditions Standard Total Expenses 10897.00 Water Sewer Expense 3500.00 Zoning Smr2*

    Listing provided courtesy of Robin Dahlstrom of Re/Max Estate Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T09:28:25.883. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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