NOT LISTED FOR SALE

2821 Colorado Ave Santa Monica, CA 90404

Mid-City Santa Monica Neighborhood
12 Beds
2 Baths
5,775 Sq Ft
6,970 Sq Ft Lot

Last Sold August 05, 2016

Last sale price $2,310,000 $400 Per Sq Ft

20 Days on Market

Highlights

  • Laundry Room
  • McKinley Elementary School Rated A
  • Attached Carport

About This Home

As of August 2016

Sleepy pocket in Santa Monica is rubbing its eyes and waking up. Strategically located 6-unit is walking distance to the Bergamot Expo Line station in an area of existing and emerging development. Demonstrate your vision by staking out this spot. Warning-prepare for property envy in the years ahead from your jealous peers. Significant upside rent potential. Rents are as of 09/01/16 and Unit 3 is projected. Contact listing broker for the Marketing Package and lockbox information.

Last Listed By

Wesley Wellman

Wellman Realty Co. License #00467451 Listed on: 07/06/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,970

Home Design

  • 5,775 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Parking

  • 6 Parking Spaces
  • Attached Carport

Additional Features

  • 6,970 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4267-024-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Sleepy pocket in Santa Monica is rubbing its eyes and waking up. Strategically located 6-unit is walking distance to the Bergamot Expo Line station in an area of existing and emerging development. Demonstrate your vision by staking out this spot. Warning-prepare for property envy in the years ahead from your jealous peers. Upper front 2-bedroom intentionally left for the new owner to determine use. Significant upside rent potential. Rents are as of 09/01/16 and Unit 3 is projected. Contact listing broker for the Marketing Package and lockbox information.
  • Alley: Yes
  • Living Area: 5775
  • Year Built: 1962
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 12
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Laundry Equipment: Lease
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 432.03

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 6
  • Parking Garage: Carport Attached
  • Total Parking: 6

Utilities

  • Electric Expense: 593.00
  • Heating: Wall
  • Water Expense: 1766.00

Fee Information

  • Gas Expense: 1016.00
  • Insurance Expense: 1735.00
  • Maintenance Expense: 10477.00
  • Trash Expense: 1766.00

Lot Info

  • Assessed Improvement Value: 140329
  • Assessed Land Value: 69337
  • Assessor Parcel Number: 4267-024-027
  • Geocode Override: No
  • Lot Size Area: 6970

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 22.00
  • Number Of Units: 6
  • Rent Control: 100
  • Total Annual Expense: 49598
  • Type Of Units: 6
  • Vacancy Rate: 16%

Tax Info

  • Tax Expense: 32245.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $2,310,000 -7.4% $400 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $2,495,000 -- $432 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Wesley Wellman

    Seller's Agent in 2016

    Wesley Wellman

    Wellman Realty Co.

    (424) 265-8872

    17 Total Sales

    Wesley Wellman
    Section Image

  • B

    Buyer's Agent in 2016

    Berta Hakimi Negari

    Beverly Hills Mint

    (310) 765-7500

    5 Total Sales

    Berta Hakimi Negari
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 16-141212

The MLS

California Los Angeles County Santa Monica 90404 Mid-City Santa Monica

2821 Colorado Ave, Santa Monica, CA

Homes for Sale in Santa Monica, CA

This home is located at 2821 Colorado Ave, Santa Monica, CA 90404 since 06 July 2016. This property was built in 1962. 2821 Colorado Ave is a home located in Los Angeles County with nearby schools including McKinley Elementary School, Lincoln Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.