Los Angeles County  »  90401  »  Colorado Ave  »  516 Colorado Ave

516 Colorado Avenue, Santa Monica, CA 90401 - Property report

Also known as: 516 Colorado Ave

Property image for 516 Colorado Avenue, Santa Monica, CA 90401
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Property type

Commercial Vacant Land (100V)

Acreage

0.144

Sale price

$3,000,000

General Information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
516 Colorado Ave
Santa Monica, CA 90401
Zip code
90401
Neighborhood
Downtown Santa Monica
County
Los Angeles
Municipality
Santa Monica

Owner

Find out who owns 516 Colorado Avenue, Santa Monica, CA 90401. Uncover corporate and individual owners with a free account.

Building
Property type
Commercial Vacant Land
Sales
Sale date
05/16/2017
Sale price
$3,000,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$37,792
Zoning & use
Zoning
Qualified opportunity zone
Lot
Acreage
0.144

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
77 /100.  Excellent Transit
Bike score
90 /100.  Biker's Paradise
School district
Santa Monica-Malibu Unified School District
Weed hazard
No

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership information for 516 Colorado Avenue, Santa Monica, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 516 Colorado Avenue, Santa Monica, CA 90401

Sale date Sale price Buyer name Seller name
05/16/2017 $3,000,000 XXX XXXX XX XXX XXXXXX XXXX X XXXXXXX; XXX XXXX XXXXX; XXXXXXX XXXXXX XXXXXXX; XXXXXX XXXXXXX XXXXXXX
08/14/2013 $610,000 XXXXXX XXXX XXXX XXXXXXX XXXXXXX

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
01/15/2025 Easement XXX XXXX XX XXX XXXXXXXX XXXXXXXXXX XXXXXX XXXXXXX
06/07/2017 Assignment of Rents
Trust Deed
XXX XXXX XX XXX XXXX XX XXXXXXX XXXXXXXX XXXXX XXX XXXXXXX XXXXXXXXXXX
05/16/2017 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
XXXXXX XXXX X XXXXXXX XXX XXXX XX XXX
08/14/2013 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
XXXXXXX XXXXXXX XXXXXX XXXX XXXX
02/19/2013 Trust Transfer Deed
(File correction - Single parcel sale)
XXXXXX XXXX X XXXXXXX XXXXXX XXXX X XXXXXXX
02/19/2013 Affidavit Successor Trustee XXXXXXX XXXXXX XXXXX XXXXXX XXXX X XXXXXXX
01/21/2010 Deed
(File correction - Single parcel sale)
XXXXXXX XXXXXXXXXX XXXXXXX XXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 516 Colorado Avenue, Santa Monica, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$37,792
Current property tax
$42,402
Recent tax assessments
Market value
$3,139,427
Land value
$3,139,427

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $3,077,870 1.2038 $37,051 -7.64%
2024-2025 $3,481,752 1.1522 $40,117 +1.61%
2023-2024 $3,413,483 1.1566 $39,480 +1.17%
2022-2023 $3,346,553 1.1661 $39,024 +2.33%
2021-2022 $3,280,935 1.1623 $38,134 +0.67%
2020-2021 $3,247,294 1.166555 $37,881 +2.98%
2019-2020 $3,121,200 1.178512 $36,784 +6.27%
2018-2019 $3,060,000 1.1311 $34,612 +242.67%
2017-2018 $878,572 1.1497 $10,101 +3.20%
2016-2017 $861,347 1.1363 $9,788 +1.29%

Special assessments & penalties for 516 Colorado Avenue, Santa Monica, CA

Code Description Tax levied
03071 Los Angeles County Flood Control
00177 Safe Clean Water Program Funding Measure W
25283 Santa Monica -Colorado Overlay Zone Property Bad
25253 Santa Monica Downtown Property Based Assmnt Dist
25280 Santa Monica Stormwater Mgmt Fee
25281 Santa Monica-Storm Water Special Tax
93172 Santa Monica/Malibu Unified Sch Dist. Measure R
06111 West Vector Mosquito

Permit information for 516 Colorado Avenue, Santa Monica, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
06/08/2026
06/25/2021

*Most recent permits on record for this property.

More about Los Angeles County property records

Santa Monica residential market stats

Access a detailed real estate market overview of Santa Monica so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Santa Monica and compare it to other neighborhoods in Los Angeles.

Median sale price

$1,625,000

-21.9% Y-o-Y

Median price/sq. ft.

$1,126

-8.4% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Santa Monica and see how their prices compare.

Demographics by ZIP code

Total population
8,101
Median age
36.9
Average household income
$157,482
Family households
23.3%
People per household (average)
1.51
Occupied housing units
5,256
Owner-occupied units
5.2%
Median year structure built
1994
Median value mortgaged units
$1,358,000
Median value unmortgaged units
$1,093,400

Risk

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FEMA flood zones

FEMA flood zones
X
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map

Access the detailed traffic volume map for 516 Colorado Avenue, Santa Monica, CA 90401 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the market value of 516 Colorado Avenue, Santa Monica, CA 90401?

The current market value of 516 Colorado Avenue, Santa Monica, CA 90401 is $3,077,870.

Disclaimer

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