Santa Monica, CA 90403,917 Lincoln Boulevard
Santa Monica, CA 90403,917 Lincoln Boulevard
Santa Monica, CA 90403,917 Lincoln Boulevard
Santa Monica, CA 90403,917 Lincoln Boulevard
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$3,700,000

$3,995,000

7.4%
Est.Price: ?

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Est. payment /mo

6 Beds

6 Baths

7,500 Sqft Lot


SOLD DATE : 02/04/2022

Key Details

Sold Price $3,700,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB21217686

Sold Date 02/04/22

Bedrooms 6

HOA Y/N No

Lot Size 7,500 Sqft

Property Description

917 Lincoln Blvd is a value add 6-unit building located north of Wilshire Boulevard in one of the premier residential neighborhoods in the Country. The two buildings consist of 5,416 SF of living space situated on a large 7,500 SF lot. The property offers a great unit mix consisting of (4) 3-Bed/2.5-Bath, (1) 2-Bed/2-Bath, and (1) 1-Bed/1-Bath. The property also features an on-site laundry facility and (5) 1-car garages with the potential to convert two of the garages into a 1-bedroom ADU (buyer to verify). Four of the six units have been partially gutted, and the property will be sold in as-is condition. Located exactly 7 blocks from the 3rd Street Promenade, this is an incredible opportunity for any investor seeking growth, stability, and a hedge against inflation.
917 Lincoln Blvd is a value add 6-unit building located north of Wilshire Boulevard in one of the premier residential neighborhoods in the Country. The two buildings consist of 5,416 SF of living space situated on a large 7,500 SF lot. The property offers a great unit mix consisting of (4) 3-Bed/2.5-Bath, (1) 2-Bed/2-Bath, and (1) 1-Bed/1-Bath. The property also features an on-site laundry facility and (5) 1-car garages with the potential to convert two of the garages into a 1-bedroom ADU (buyer to verify). Four of the six units have been partially gutted, and the property will be sold in as-is condition. Located exactly 7 blocks from the 3rd Street Promenade, this is an incredible opportunity for any investor seeking growth, stability, and a hedge against inflation.

Location

State CA

County Los Angeles

Area Santa Monica (90403)

Zoning Public Rec

Building

Lot Description Sidewalks

Lot Size Range 7500-10889 SF

Others

Monthly Total Fees $137

Space Rent $5,500

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San Diego Regional MLS (SDMLS)
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
Bought with NON LISTED AGENT • San Diego
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