3017 Colorado ave, Santa Monica, CA 90404
Active
$2,699,000
4%
4 Units
6 Beds
5 Baths
n/a Area(sq.ft.)
Lot: 6,948 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 4,879 | $ 4,879 | $ 5,500 |
| Unit 2 | 1 | 1 | 1 | No | $ 4,500 | n/a | $ 4,500 |
| Unit 3 | 1 | 1 | 1 | No | $ 2,950 | $ 2,950 | $ 2,950 |
| Unit 4 | 1 | 1 | 1 | No | $ 2,950 | n/a | $ 2,950 |
| 4 | 5 | 5 | $ 15,279 | $ 7,829 | $ 15,900 |
| MLS #: | 25504025 |
| Days On Market: | 257 |
| Listing Date: | March 24, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per unit: | $ 674,750 |
| Year Built: | 1914 |
Property Details
Exceptional numbers, do the math! Prime location in Santa Monica. Walk to the The Water Garden, Lionsgate Entertainment, Edmunds Corporate Campus, the Metro and a plethora of restaurants. SFR: 2/2, completely remodeled, central heat, laundry room w/washer/dryer, large kitchen and living room & 2 parking spaces #C: 1/1 upstairs unit, completely remodeled, wall heater, 2 window AC units , stacked washer/dryer & 1 parking space #B 1/1 bath downstairs completely remodeled with new appliances including stacked washer & dryer w/ 1 parking space #A: 2/1 bath rear unit, completely remodeled, high ceilings, new solar attic fan, central heat, laundry room w /washer/dryer & 2 tandem parking spaces. Buyer to cooperate with Sellers 1031 tax deferred exchange at no cost to Buyer. Units A (2 bedroom) and B (1 bedroom) just vacated and can be shown.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Vacancy Rate: | 25% |
| Gross Operating Income: | $ 0 |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 0 |
| Gross Annual Income: | $ 183,348 |
| Gross Rent Multiplier: | 15.26 |
| Actual Gross Rent: | $ 183,348 |
| Actual Rent Total: | $ 183,348 |
Structure
| Type of Units: | Fourplex |
| Buildings: | 1 |
| Levels: | Two |
Land & Parking
| Zoning: | SMR2* |
| Parking Garage: | Assigned, Parking Space |
Interior
| AC/Cooling: | Window Unit(s) |
| Equipment: | Stackable W/D Hookup, Refrigerator, Dishwasher, Range/Oven |
| Heating: | Wall Gas, Central |
Exterior
Detailed Map
Schools
Find a great school for your child
Income
