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    Property profile & analytics
    OFF-MARKET Estimated value $8,640,000
    Office buildings

    1424 Lincoln Blvd 300, Santa Monica, CA 90401-2733

    7,700 SF 0.17 ac lot Built 1980
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US09-6912804
    Property summary
    AI-generated overview

    This exceptional 8,026 square foot freestanding office building at 1424 Lincoln Boulevard in Santa Monica, California offers a unique opportunity for businesses seeking a vibrant and convenient location. Built in 1981, the property boasts a traditional office layout adaptable to coworking or creative office spaces, making it suitable for a variety of tenants. The building features a single tenancy, with 4,000 square feet currently vacant. Ample natural light floods the space through large windows and skylights. The property includes 22 parking spaces in a private gated lot and convenient elevator access. Situated on a 7,405 square foot lot, its C4 zoning allows for diverse uses. Its prime location in the heart of Santa Monica places it adjacent to a new mixed-use development featuring luxury apartments and ground floor retail, ensuring high visibility and foot traffic. This is an ideal opportunity to establish a presence in one of Southern California's most desirable commercial real estate markets. The building's unique character and convenient amenities make it a truly exceptional offering. Los Angeles County location and 90401 zip code.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1980
    Total area 7,700 SF
    Lot 0.17 ac (7,493 SF)
    Zoning code SMC4*
    APN 4291-021-005
    UPID US09-6912804
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dr. Harrison M. Brayan, DDS Physician
    • Reiner Light Agency Insurance Agency
    • Big Honkin Ideas Marketing & Advertising Advertising Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $8.26M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $8.64M
    Owner & transaction history
    One424 Lincoln Blvd LLC · 4 yrs held
    One424 Lincoln Blvd LLC
    since 2021
    Last sale
    $9.1M
    7 recorded transactions
    2021
    $90,500
    2021
    2016
    $7.3M
    2008
    2004
    $2.1M
    1998
    $1.5M
    1992
    $1.8M
    Zoning & alternative use
    SMC4* · Santa Monica, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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