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.