728 MONTANA Avenue Santa Monica, CA 90403

0 Bedroom,

  • Residential Income
MLS: #18332592
$10,500,000
COMMENTS
We are proud to present to market \Montana@Lincoln Crossing\, a prominent Mixed Use asset located in the eternally hip city of Santa Monica along the fabled Montana Ave at the intersection with Lincoln Blvd. The asset is composed of two parcels: one that is the corner property that is 60 feet fronting Montana and 100 feet fronting Lincoln; and, a second that is 50 feet by 150 feet used for parking that is primarily entered off of Lincoln with an alley access to Montana. The 3 ground level retail spaces have mostly 5-year leases with extendable terms providing a high degree of income security. The 6 residential studio loft units above on the 2nd level have high ceilings and large private balconies, presenting a potential upside opportunity by realizing market rents in these premium units. 4 of the 6 units are not subject rent control. CALL FOR OFFERS on May 18.

Property Features

  • Price per Sqft: $1248
  • Year Built: 1999
  • Stories: 2
  • Lot Size: 13,506 SqFt
  • Parking Type: Parking Space
  • Total Floors in Building: 2
  • Dryer: 1
  • County: Los Angeles
  • Area: C14 - Santa Monica

Location

Directions: 728 Montana Ave. Santa Monica, CA 90403

Listing courtesy of RE/MAX ESTATE PROPERTIES
Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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