2011 Lincoln Blvd Santa Monica, CA 90405-1316
- Retail space
- 2,300 SF
- 0.09 lot acres
Current Use by Public Records
- Retail space
Property Details for 2011 Lincoln Blvd
- Year built
- 1965
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.09 lot acres
- Property size
- 2,300 SF
- Zone code
- SMC4*
- Property type
- Retail space
- APN
- 4284-002-003
- APU
- 4284002003
Description
This exceptional 2,300 square foot retail storefront, located at 2011 Lincoln Boulevard in the heart of Santa Monica, California, presents a compelling investment opportunity. Built in 1965 and situated on a highly visible section of Lincoln Boulevard, this property boasts a spacious and flexible floor plan, ideal for a variety of retail uses. The asking price is $3,299,900, translating to $1,434.74 per square foot. The property is zoned C4 and features convenient secured gated parking, a significant advantage in this high-traffic area. Strong demographics and high pedestrian counts ensure a steady stream of potential customers. The property is being offered vacant, providing immediate occupancy for the new owner. The Los Angeles County Assessor's Parcel Number (APN) is 4284002003. This prime Santa Monica location, combined with the property's features and the high visibility of its Lincoln Boulevard address, makes this a truly exceptional opportunity for owner-users or investors seeking a strong return on investment. The property is for sale by owner.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $440,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $600,000
- 6.5%
- $555,000
- 7%
- $515,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $501,000
Market price range: $141k - $501k
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Location Insight
- Map
- Local Demand
- City
- Santa Monica
- County
- Los Angeles
- State
- California
- Longitude
- -118.481
- Latitude
- 34.0114
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
