Address
917 Lincoln Boulevard Santa Monica, CA
Price
$ 3,995,000
Property Attributes
  • MLS#SB21217686
  • TypeIncome
  • CountyLOS ANGELES
  • CitySanta Monica
  • AreaSanta Monica
  • Zip90403
  • Style
  • Price$ 3,995,000
  • Bedrooms15
  • Full Bathrooms15
  • Half Bathrooms0
  • Sqr Footage5416
  • Lot Size7,500 SqFt
Listing Provided Courtesy Of:
Brett Lyon with Lyon Stahl Investment Real Estate, Inc. - 3107801899
Data Source:
California Regional MLS (CRMLS) - 25 - CA
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.

Price History
10/13/2021 Listed $3,995,000

General Features

Co-Listing Agent State License # 01399621
Co-listing Agent J.Woody Stahl - BRE#01399621
Community Features Sidewalks
Garage Spaces 5
Garage Y/N Yes
Listing Agent Brett Lyon - BRE#01717818
Listing Agent State License 01717818
Lot Size Square Feet 7500
MLS Area C14 - Santa Monica
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Terms Cash to New Loan
Total Actual Rent 28581
Total Units 6
Zoning SMR2*

Interior Features

Common Walls 1 Common Wall
Laundry Features None

Exterior Features

Lot Size Acres 0.17
Lot Size Area 7500
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 6
Number of Separate Gas Meters 6
Number of Separate Water Meters 1
Total Parking 5
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90403

Price
AVG $5.54M
$4M
Visits
AVG 49
17
Year Built
AVG 1956
1924
Walkscore
AVG 87
90
Data Provided by Walkscore ® not using MLS data

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