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516 Colorado Avenue, Santa Monica, CA 90401 Property Information

516 Colorado Avenue, Santa Monica, CA 90401 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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516 Colorado Avenue, Santa Monica, CA 90401
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Address

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

Sales & Tax Overview for 516 Colorado Avenue, Santa Monica

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 05/16/2017
Sale price $3,000,000
Arm's length
Current property tax $41,661

Lot & Building Information for 516 Colorado Avenue, Santa Monica

Building class Commercial Vacant Land (100V)
Acreage 0.144 i
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Santa Monica-Malibu Unified School District

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Other Property Data for 516 Colorado Avenue, Santa Monica

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  • • Improvements for 516 Colorado Avenue, Santa Monica , including their type, square footage, grade and when they were built.
  • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 516 Colorado Avenue, Santa Monica

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

The current market value is $3,077,870.

Ownership Information

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Past Sales & Property History for 516 Colorado Avenue, Santa Monica

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Purchase date Purchase price Buyer name Seller name
05/16/2017 $3,000,000
08/14/2013 $610,000
       
       
       
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Title Documents for 516 Colorado Avenue, Santa Monica

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
01/15/2025 Easement
06/07/2017 Assignment of Rents
Trust Deed
06/01/2032
05/16/2017 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
08/14/2013 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
02/19/2013 Trust Transfer Deed
(File correction - Single parcel sale)
02/19/2013 Affidavit Successor Trustee
01/21/2010 Deed
(File correction - Single parcel sale)
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R: Recorded date
D: Document date

Property Taxes for 516 Colorado Avenue, Santa Monica

Access detailed property tax data for 516 Colorado Avenue, Santa Monica, CA 90401. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $37,051
Current property tax $41,661
Market value $3,077,870

Special Assessments And Penalties for 516 Colorado Avenue, Santa Monica

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

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

Assessment History for 516 Colorado Avenue, Santa Monica

Here's the assessment & property tax history for 516 Colorado Avenue, Santa Monica, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year 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%

Permits for 516 Colorado Avenue, Santa Monica

The complete history of permits filed for 516 Colorado Avenue, Santa Monica, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
06/25/2021
             
             
             
             
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Santa Monica residential market stats

Median Sale Price
$1,800,000
16.1% YoY
Median Price/Sqft
$1,183
9.3% YoY
Los Angeles County Median Sale Price
$889,500
1.7% YoY

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 County.

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%
Occupied housing units 5,256
Owner occupied units 5.2%
Average number of people per household 1.51
Median year structure built 1994
Median value for units with a mortgage $1,358,000
Median value for units without a mortgage $1,093,400

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

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

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Neighbors for 516 Colorado Avenue, Santa Monica

Here are the neighbors for 516 Colorado Avenue, Santa Monica.

Address Square feet Purchase date Purchase price
430 Colorado Ave, Santa Monica 9,877 02/11/2016
1725 Main St, Santa Monica 02/12/2010
524 Colorado Ave, Santa Monica 2,612 10/21/2021
1866 Lincoln Blvd, Santa Monica 03/20/2009
1836 Lincoln Blvd, Santa Monica 10,049 01/08/2026
502 Colorado Ave, Santa Monica 23,758 03/09/2011
520 Colorado Ave, Santa Monica 18,222 01/31/2012 $2,200,000
302 Colorado Ave, Santa Monica 117,269 03/21/2018
532 Colorado Ave, Santa Monica 4,368 09/19/2022 $5,500,000
601 Olympic Blvd, Santa Monica
623 Olympic Blvd, Santa Monica
1636 5th St, Santa Monica 15,803 02/26/2009
505 Olympic Blvd, Santa Monica
1657 Ocean Ave, Santa Monica 4,331 03/09/2011
528 Colorado Ave, Santa Monica 1,728 11/08/2001 $910,009
1714 5th St, Santa Monica 6,996 10/01/2018 $4,750,000
1804 Lincoln Blvd, Santa Monica 4,976 01/07/2016 $3,540,000
120 Colorado Ave, Santa Monica 64,780 06/08/2015
1640 5th St, Santa Monica 27,176 04/27/2012 $12,775,000
1667 Ocean Ave, Santa Monica 6,236 07/13/2023

Nearby ZIP Codes for 516 Colorado Avenue, Santa Monica

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