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1143 Lincoln Blvd, Santa Monica, CA 90403

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For Sale

$3,850,000

24 beds10,434 sqft

Estimated Payment

$ 19,997 /mo.

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $368.99
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

We are pleased to offer for sale an incredible multifamily asset located at 1143 Lincoln Blvd. in the heart of LA's famed beach city of Santa Monica. Originally built in1976, the building boasts an incredibly unique unit mix consisting of all very large 3-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor, the property has incredible rental upside, a secured intercom entrance, ample on-site parking, all copper plumbing, a newer roof, as well as an on-site laundry facility. The unit mix includes (8) 3-bed, 2-bath units. Many of the units have been upgraded with hardwood flooring, stainless steel appliances, and granite countertops. Additionally, units feature fireplaces and balconies. This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor's portfolio. A quick stroll to downtown Santa Monica, Montana Avenue, and the beach, this property is situated close to all Santa Monica has to offer. With incredible in-place income, enormous rental upside potential, and a secured tenant base, 1143 Lincoln Blvd. gives buyers the unique opportunity to own a generational asset in one of LA's most prized and coveted locations.
MLS# 25491091

Courtesy Of RE/MAX Commercial & Investment

(213) 817-1000

Property Features

  • Age
    41-50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.17 Acres

Home seller CENTURY 21 Peak

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $19,997
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $19,997

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Roosevelt Elementary School

Grades KG-5 Public School


Santa Monica, CA 90403 0.5 miles
801 montana ave

672 total students
21:1 Student teacher ratio

Lincoln Middle School

Grades 6-8 Public School


Santa Monica, CA 90403 0.5 miles
1501 ca ave

1054 total students
23:1 Student teacher ratio

Santa Monica High School

Grades 9-12 Public School


Santa Monica, CA 90405 1 miles
601 pico blvd

2863 total students
22:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
St Monica Catholic Elementary School 0.2 miles Private PK-8
St Monica Catholic High School 0.2 miles Private 9-12
Ps1 Pluralistic School 0.6 miles Private KG-6
Waldorf Early Childhood Center 0.7 miles Private PK-KG
Pacifica Christian High School 0.7 miles Private 9-12
Lighthouse Church School 0.9 miles Private KG-8
Santa Monica-malibu Preschool 0.9 miles Public
Carlthorp School 1 miles Private KG-6
St Annes School 1.1 miles Private KG-8
Canyon Charter Elementary 1.2 miles Public KG-5 A-
Mckinley Elementary School 1.2 miles Public KG-5 B
Crossroads School For Arts & Sciences 1.2 miles Private KG-12
Franklin Elementary School 1.3 miles Public PK-5 A
Santa Monica Alternative (k-8) 1.5 miles Public KG-8 A
John Muir Elementary School 1.5 miles Public PK-5
Olympic High (continuation) 1.5 miles Public 9-12 D
Will Rogers Learning Community 1.6 miles Public KG-5 B-

St Monica Catholic Elementary School

Distance: 0.2 miles

Type Private

Grades: PK-8

St Monica Catholic High School

Distance: 0.2 miles

Type Private

Grades: 9-12

Ps1 Pluralistic School

Distance: 0.6 miles

Type Private

Grades: KG-6

Waldorf Early Childhood Center

Distance: 0.7 miles

Type Private

Grades: PK-KG

Pacifica Christian High School

Distance: 0.7 miles

Type Private

Grades: 9-12

Lighthouse Church School

Distance: 0.9 miles

Type Private

Grades: KG-8

Santa Monica-malibu Preschool

Distance: 0.9 miles

Type Public

Grades:

Carlthorp School

Distance: 1 miles

Type Private

Grades: KG-6

St Annes School

Distance: 1.1 miles

Type Private

Grades: KG-8

Canyon Charter Elementary

Distance: 1.2 miles

Type Public

Grades: KG-5

A-

Mckinley Elementary School

Distance: 1.2 miles

Type Public

Grades: KG-5

B

Crossroads School For Arts & Sciences

Distance: 1.2 miles

Type Private

Grades: KG-12

Franklin Elementary School

Distance: 1.3 miles

Type Public

Grades: PK-5

A

Santa Monica Alternative (k-8)

Distance: 1.5 miles

Type Public

Grades: KG-8

A

John Muir Elementary School

Distance: 1.5 miles

Type Public

Grades: PK-5

Olympic High (continuation)

Distance: 1.5 miles

Type Public

Grades: 9-12

D

Will Rogers Learning Community

Distance: 1.6 miles

Type Public

Grades: KG-5

B-

Local area information for Santa Monica, CA 90403

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Santa Monica, CA 90403

This community’s employment is highest in the administrative support and food industries. The area’s overall household expenses are above the national average.

75° August
Hottest Average Month

46° January
Coldest Average Month
12,134 Total Households in Area
14.3%
of households
have children
21 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Santa Monica, CA 90403

Santa Monica, CA 90403 has a population of 23,099 people in 12,134 households with a median age of 43.7 years old.

Down -3.7%
Decrease in population
since the year 2010

Population is Trending down
12,933
Total households as of 2010
Up
0.4%

Community Population By Age

Community Population By Ethnicity

White 74%
Asian 10%
Hispanic 9%
Other 3%
Black 2%
Native American <1%

Economics
for Santa Monica, CA 90403

17,629 /sq mi
Population Density
$114,081 /yr
Median Household Income
$1,962,500
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 60%
  • Work from Home 29%
  • Walk or Bike 9%
  • Public Transit 3%

Occupancy by Type

Rented 9,037 67%
Owned 3,097 23%
Vacant 1,315 10%

White vs Blue Collar Jobs







White Collar 96%
Blue Collar 4%

Family & Education Facts
for Santa Monica, CA 90403

43.7 Median Age

Average Household Size

1.9
persons per
household

32.5%

Married Households

Community Population By Education

Bachelors Degree 39%
Graduate Degree 34%
Some College 12%
High School Graduate 6%
Associates Degree 5%
Some High School 3%

Household Family Expenses vs National Average

14.3% of households have children

Weather
for Santa Monica, CA 90403

The weather for this area ranges from a high of 75° F in August to a low of 46° F in January

75° August
Hottest Average Month
46° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
46°
66°
Feb
48°
67°
Mar
49°
67°
Apr
52°
67°
May
55°
68°
Jun
58°
70°
Jul
62°
74°
Aug
63°
75°
Sep
61°
75°
Oct
57°
73°
Nov
51°
71°
Dec
47°
67°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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