824 Lincoln Blvd - Apartments FOR SALE


Santa Monica, CA 90403
$3,600,000 USD
310-383-5927
824 Lincoln Blvd, Santa Monica, CA for Sale
$3,600,000 USD
Apartments - FOR SALE
1/11
null | 4.64% Cap Rate

824 Lincoln Blvd
Santa Monica, CA 90403


HIGHLIGHTS

  • Just South of Montana Ave
  • 4 Units Will Be VACANT
  • 4 Front 1-Car Garages Will Be VACANT

OVERVIEW

824 Lincoln Blvd offers an investor a 10-unit apartment building in prime North of Wilshire, Santa Monica. These 10 units are situated just south of Santa Monica’s famous Montana Ave boasting a highly desirable unit mix of a 2-bedroom units, 1-bedroom units and a couple of studios. Montana Ave is a highly desired area in Santa Monica to live in due to its many restaurants, shopping, and cafes, which is why this area commands higher than average rents. Please do not disturb the tenants. 4 units will be VACANT. 4 Front 1-Car Garages will be VACANT.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$361 USD /SF

# OF UNITS

10

PRICE/UNIT

$360,000

CAP RATE

4.64%

% LEASED

60%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,497 SF

ZONING

SMR3*

APN/PARCEL ID

4292-001-006

ASK ABOUT THIS PROPERTY

Chase SimontonRE/MAX One CommercialMore Info
310-383-5927

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Chase SimontonRE/MAX One CommercialMore Info
310-383-5927

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.