310-699-0969
700-716 Colorado Ave, Santa Monica, CA for Sale
Warehouse - FOR SALE
1/19
null | Request Cap Rate

700-716 Colorado Ave
Santa Monica, CA 90401


HIGHLIGHTS

  • Development Opportunity
  • TA (Transit Adjacent Zoning) - 100+ units possible
  • Excellent Westside Location - Downtown Santa Monica
  • Silicon Beach Drivers

OVERVIEW

WESTMAC Commercial Brokerage Company, VonBerge CRE, and L.A. Realty Partners are pleased to offer for sale, 700-716 Colorado Avenue, ±20,165 square feet (per ALTA Survey) of developable land comprised of two commercial buildings totaling approximately ±20,348 square feet in Santa Monica, CA. Ideally situated blocks from Third Street Promenade along major Colorado Avenue in Downtown Santa Monica, the property gives way to unmatched walkability and excellent access to transit, including the Metro E Line, Pacific Coast Highway and the 10 Freeway. The property falls under Santa Monica’s Transit Adjacent (TA) zoning district, which is part of Santa Monica’s Downtown Community Plan. With its unique combination of construction types and visibility, the Property offers tremendous flexibility to accommodate a variety of uses, or a mixed-use development with a 4:1 FAR (for Tier 3 – with Housing), possible 7 stories allowable height, and 101 possible units. 700-716 Colorado Avenue is a rare opportunity for buyers looking to transform this site into a vibrant, modern, and adaptable facility that will fit seamlessly within Santa Monica’s work-play standard of living.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Office & Industrial

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.47

LAND SF

20,473

ZONING

DCP-TA

APN/PARCEL ID

4290-001-016

ASK ABOUT THIS PROPERTY

Christian HollandWESTMAC Commercial Brokerage CompanyMore Info
310-699-0969

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Christian HollandWESTMAC Commercial Brokerage CompanyMore Info
310-699-0969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.