2300 Lincoln Blvd Santa Monica, CA 90405-2530
This exceptional 7,032 square foot retail storefront, located at 2300 Lincoln Boulevard in the vibrant Ocean Park neighborhood of Santa Monica, California, presents a compelling investment opportunity. Situated on a 9,362 square foot lot, this property boasts a prime location on Lincoln Boulevard, a major north-south thoroughfare, just five blocks south of Interstate 10, ensuring high visibility and accessibility. The building, constructed in 1924, features two units: a larger space of approximately 5,030 square feet and a smaller space of approximately 2,000 square feet. Currently occupied by short-term tenants, this presents a unique chance for repositioning and maximizing rental income. The property includes three parking spaces in the rear, a rare amenity in this location. With an average daily traffic count of approximately 50,900 vehicles, this corner property offers unparalleled exposure. The permitted zoning is SMC4*. The property's location offers easy access to major transportation arteries and is only eight miles from LAX, placing it within convenient reach of a vast customer base. Its proximity to other popular Southern California cities like Beverly Hills and Hollywood further enhances its appeal. This is a rare opportunity to acquire a well-located retail property with significant upside potential in a high-demand market. The property's location and current lease terms make it an attractive investment for those seeking immediate returns and long-term growth.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SMC4* · Santa Monica, CACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.