$5,500,000
$5,600,000
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8,076 SqFt
SOLD DATE : 02/18/2022
Key Details
Sold Price $5,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,076 sqft
Price per Sqft $681
MLS Listing ID 21782156
Sold Date 02/18/22
HOA Y/N No
Year Built 1958
Lot Size 7,501 Sqft
Acres 0.1722
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.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Interior Features CeilingFans
Heating WallFurnace
Cooling WallWindowUnits
Fireplace No
Appliance Dishwasher, GasOven, GasRange, Microwave, Refrigerator, RangeHood
Exterior
Garage Carport
Community Features Gated
Parking Type Carport
Total Parking Spaces 11
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 4281033021
Security Features GatedCommunity
Special Listing Condition Standard
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Bought with Victor Gonzalez • Horizon Real Estate Management Group