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911 Lincoln Boulevard

Santa Monica, CA 90403
  • $5,600,000
  • STATUS: Active
  • ON SITE: 40 Days
  • ID#: 21782156
UPDATED: 40 min ago
$5,600,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

Presenting 911 Lincoln Boulevard, located north of Wilshire Boulevard in prime Santa Monica, only one block south of prestigious Montana Avenue. Tenants can enjoy close proximity to Santa Monica beaches, as well as shopping, dining and nightlife on Third Street Promenade and Main Street.The desirable unit mix consists of (2) two-bedroom/one-bathroom and (8) one-bedroom/one-bathroom units. Some units offer private garage parking and have been updated with stainless steel appliances, quartz countertops and custom cabinetry. All units have spacious floorplans, dishwashers and lots of natural light. With 25% upside potential in rents, this property offers investors a value-add opportunity for future rent growth.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T17:26:27.37. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
www.therealestategirl.com/homes/121390272
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911 Lincoln Boulevard Santa Monica, CA 90403

  • Price: $5,600,000
  • Status: Active
  • Updated: 40 min ago
  • ID#: 21782156
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1958
Built
Neighborhood:
C14 - Santa Monica
County:
Los Angeles
Area:
C14 - Santa Monica
Property Description
Presenting 911 Lincoln Boulevard, located north of Wilshire Boulevard in prime Santa Monica, only one block south of prestigious Montana Avenue. Tenants can enjoy close proximity to Santa Monica beaches, as well as shopping, dining and nightlife on Third Street Promenade and Main Street.The desirable unit mix consists of (2) two-bedroom/one-bathroom and (8) one-bedroom/one-bathroom units. Some units offer private garage parking and have been updated with stainless steel appliances, quartz countertops and custom cabinetry. All units have spacious floorplans, dishwashers and lots of natural light. With 25% upside potential in rents, this property offers investors a value-add opportunity for future rent growth.
Exterior Features

Carport YN Yes Parking Features Carport

Interior Features

Appliances DishwasherGas OvenGas RangeMicrowaveRefrigeratorRange Hood Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(S)

Property Features

Community Features Gated Gross Income 316776 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 200143 Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Smr2*

Listing provided courtesy of Kimberly Roberts Stepp of Stepp Commercial


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T17:26:27.37. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
 
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