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1543-1557 7th street - 7th & Colorado - 0.5-Acre MF Development Land Lot • Résidentiel • 0,51 Acres • 16 698 000 $ CAD • Santa Monica, CA 90401
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RÉSUMÉ DE L'ANNONCE
Newmark, as exclusive advisor, is pleased to
present the opportunity to acquire the 100%
fee-simple interest in 7th & Colorado (“the
Property”), located in Santa Monica, California.
A truly generational asset, 7th & Colorado is
an exceedingly rare opportunity to acquire
a world class multi-family development
site in an irreplaceable coastal location.
Additionally, re-development of 7th &
Colorado is achieved through ministerial
and non-discretionary application process which allows for a base density of 113 units up to 226 units with a density bonus.
The Property consists of 0.51 acres in the
prime Downtown Santa Monica submarket,
one of Southern California’s strongest and
most desirable multifamily markets.
7th & Colorado benefi ts greatly from being
just blocks from the ocean and it’s proximity
to some of Los Angeles’ most exclusive
residential neighborhoods, as well as
immediate transportation access via the
Santa Monica (10) Freeway, major surface
thoroughfares, and the MTA Expo Line light rail
station at 4th & Colorado.
present the opportunity to acquire the 100%
fee-simple interest in 7th & Colorado (“the
Property”), located in Santa Monica, California.
A truly generational asset, 7th & Colorado is
an exceedingly rare opportunity to acquire
a world class multi-family development
site in an irreplaceable coastal location.
Additionally, re-development of 7th &
Colorado is achieved through ministerial
and non-discretionary application process which allows for a base density of 113 units up to 226 units with a density bonus.
The Property consists of 0.51 acres in the
prime Downtown Santa Monica submarket,
one of Southern California’s strongest and
most desirable multifamily markets.
7th & Colorado benefi ts greatly from being
just blocks from the ocean and it’s proximity
to some of Los Angeles’ most exclusive
residential neighborhoods, as well as
immediate transportation access via the
Santa Monica (10) Freeway, major surface
thoroughfares, and the MTA Expo Line light rail
station at 4th & Colorado.
FAITS SUR LA PROPRIÉTÉ Sous contrat
| Prix | 16 698 000 $ CAD | Sous-type de propriété | Résidentiel |
| Type de vente | Investissement | Utilisation proposée | |
| Nombre de lots | 1 | Taille totale du lot | 0,51 AC |
| Type de propriété | Terrain |
| Prix | 16 698 000 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Résidentiel |
| Utilisation proposée | |
| Taille totale du lot | 0,51 AC |
1 LOT DISPONIBLE
Lot
| Prix | 16 698 000 $ CAD | Taille du lot | 0,51 AC |
| Prix par AC | 32 741 176,38 $ CAD |
| Prix | 16 698 000 $ CAD |
| Prix par AC | 32 741 176,38 $ CAD |
| Taille du lot | 0,51 AC |
The subject property is located at 1543–1559 7th Street in the heart of Downtown Santa Monica. The site consists of contiguous parcels totaling 0.51 acres and is currently improved with a 100% vacant, four-story, 14,612 SF creative office building
DESCRIPTION
Ancien immeuble de bureaux créatifs - 15 000 pi² - 100 % vacant
1 1
Walk Score®
Un paradis pour un marcheur (91)
Transit Score®
Excellent transport en commun (78)
Bike Score®
Un paradis pour un cycliste (94)
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 6 224 218 $ CAD | |
| Évaluation du terrain | 17 524 556 $ CAD | Évaluation totale | 23 748 775 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
17 524 556 $ CAD
Évaluation des bâtiments
6 224 218 $ CAD
Évaluation totale
23 748 775 $ CAD
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1543-1557 7th street - 7th & Colorado - 0.5-Acre MF Development Land
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