928 LINCOLN Boulevard Santa Monica, CA 90403

0 Bedroom,

  • Residential Income
MLS: #17257866
$3,500,000
COMMENTS
FIRST TIME ON THE MARKET IN 24 YEARS! :: This rare, vintage-inspired DUPLEX offers 2 grand units, each 2 BR / 2 BA, to be delivered vacant! Set on a sensational R2 lot less than 2 blocks from popular Montana Ave restaurants and boutiques, this is a stellar opportunity for both owner occupants and a savvy investors. With one full unit upstairs and one full unit downstairs, each one has a large living area, formal dining, an eclectic and charming kitchen, two big bedrooms, two baths and both office and laundry areas. Perfect to live in one unit and lease the other; the future promise of this property apparent! Projected revenues support an estimated 3.21% cap rate for investors who want to own in vibrant Santa Monica. Don\'t forget the detached, bonus creative studio / work space, too! With Ocean Ave and the Third Street Promenade mere minutes away, relax amidst the coastal breezes and plan the future potential of this unique, opportunity-rich home. Near top-rated Roosevelt Elementary

Property Features

  • Price per Sqft: $1279
  • Year Built: 1926
  • Lot Size: 7,478 SqFt
  • Acreage: 0.17
  • Parking Type: Other
  • Interior: Open Floor Plan
  • Other Appliances: Refrigerator, Tankless Water Heater
  • Fireplace: 1, Decorative
  • Flooring: Carpet, Wood
  • Pool Description: None
  • Lot Features: Park Nearby, Back Yard, Front Yard, Walkstreet, Yard, Near Public Transit, Landscaped, Lawn
  • Building Levels Description: Two
  • House Faces/Primary View: North
  • Construction: Wood Siding
  • Dryer: 1
  • Gas: 1
  • Power On or Off: Traditional
  • County: Los Angeles
  • Area: C14 - Santa Monica

Location

Directions: From I-10 take Lincoln toward Santa Monica

Listing courtesy of Redfin
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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