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Property Type:Residential Income (Multi-Family)
On Site:12 Days
Lot Size:6,948 Sq. Ft.
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 & 2 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. Buyer to cooperate with Sellers 1031 tax deferred exchange at no cost to Buyer. Upper 1 bedroom to be vacant & can be shown.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:3017 Colorado Avenue Santa Monica, CA 90404
Area:(C14) Santa Monica
Total Units: 4
Stories Total: 2
Unit 1: 1 Unit•2 Beds•2 Baths•Unfurnished•$4,626 actual rent•$4,594 total rent•$5,500 pro forma
Unit 6: 1 Unit•2 Beds•1 Bath•Unfurnished•$3,575 actual rent•$3,500 total rent•$3,800 pro forma
Unit 7: 1 Unit•1 Bed•1 Bath•Unfurnished•$2,500 pro forma
Unit 8: 1 Unit•1 Bed•1 Bath•Unfurnished•$873 actual rent•$860 total rent•$2,500 pro forma
Parking: Assigned, Parking Space
Features / Amenities
Appliances: Dishwasher, Refrigerator
Heating Type: Central
Lot Size: 0.15 Acres / 6,948 Sq. Ft.
Directions:West of Centinela
Tax and Financial Info
Total Expenses: 11587.00
Gross Annual Income: 138888.00
Gross Operating Income: 138888.00
Legal Disclosures: Rent Control, Principal Is RE Licensed
WALKING AND TRANSPORTATION
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Listing provided courtesy of Robin Dahlstrom, RE/MAX Estate Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of April 18, 2021. 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. IDX provided by Sierra Interactive.