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Property profile

1600 Lincoln Blvd Santa Monica, CA 90404

OFF-MARKET
Retail properties & Spaces
10,606 SF 0.56 ac lot Built 1924
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Property summary

AI-generated overview

This exceptional 10,606 square foot property at 1600 Lincoln Boulevard in Downtown Santa Monica presents a unique opportunity. Located in Los Angeles County, this Class C building, constructed in 1924, offers a blend of executive and creative office spaces, along with retail potential. The two-story building sits on a 0.56-acre lot (21,880 square feet) and boasts a flexible layout with a minimum divisible space of 5,001 square feet and a maximum contiguous space of 5,605 square feet. Currently, the entire 10,606 square feet is vacant, providing an ideal canvas for a single tenant or multiple occupants. The building's zoning is LT, C4, and its location offers convenient access to public transportation, being within walking distance of a train station. The property features a 3.2:1,000 parking ratio and is situated in a vibrant bayside location, making it particularly attractive for restaurants and creative businesses. The building's Floor Area Ratio (FAR) is 0.65. The property's address is 1600 Lincoln Boulevard, Santa Monica, CA 90404, with a cross street of Colorado Ave. The Los Angeles County Assessor's Parcel Number (APN) is 429001023. This is a redevelopment opportunity in a highly desirable submarket. The property is zoned to allow for a variety of uses, including restaurant and office space.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1924
Total area 10,606 SF
Lot 0.56 ac (24,394 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1600 Lincoln Blvd Santa Monica, CA 90404
Santa Monica metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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