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2929 Colorado Ave
Santa Monica, CA 90404
Multifamily Property For Sale
·
18 Units
Investment Highlights
- Value-Add Multifamily Investment
- New Housing Element Shows Upside for New Development
- Resilient Market Fundamentals
- Recently Renovated/Furnished Units & Updated Facade
- Superb Demographics
- Numerous Major Employers in Santa Monica
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 | 1963/2019 |
| Building Class | B | Parking Ratio | 1.7/1,000 SF |
| Lot Size | 0.49 AC | ||
| Zoning | SMR2 | ||
| 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 | 1963/2019 |
| Parking Ratio | 1.7/1,000 SF |
| Zoning | SMR2 |
Amenities
Site Amenities
- Controlled Access
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 18 | - | 1,000 |
Property Taxes
| Parcel Number | 4267-025-028 | Improvements Assessment | $3,827,760 |
| Land Assessment | $8,202,345 | Total Assessment | $12,030,105 |
Property Taxes
Parcel Number
4267-025-028
Land Assessment
$8,202,345
Improvements Assessment
$3,827,760
Total Assessment
$12,030,105
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