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Property profile & analytics
OFF-MARKET
Investment properties

3021 Lincoln Blvd Santa Monica, CA 90405-5734

2,190 SF 0.05 ac lot Built 1924
Individually Owned Absentee Owner Free & Clear
Property ID
US10-0291043
Property summary
AI-generated overview

This exceptional mixed-use property, located at 3021 Lincoln Blvd in Santa Monica, California (90405), presents a rare investment opportunity. Priced at $2,495,000, the 100% vacant, two-story building offers a ground-floor commercial space previously operating as a bar-restaurant, and a 2-bedroom, 1-bathroom residential unit upstairs. Completely rebuilt in 2009 to current building codes following a fire, the structure boasts significant upgrades including earthquake retrofitting, a 750-gallon grease trap, a fire sprinkler system, infiltration pits, and air conditioning. The property is ADA compliant (per final inspection). The commercial space is equipped for open-flame cooking with a hood and is ideally suited for either fine dining or fast-casual establishments. Outdoor seating is permitted, including a rear patio area accommodating three parking spaces and two tables at the front. Previous tenants held beer and wine licenses, and the property benefits from a grandfathered exemption for off-license alcohol sales. Recent roof coating ensures long-term maintenance. This prime location across from Whole Foods on Lincoln Boulevard in the heart of Santa Monica makes this a truly unique opportunity.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1924
Construction WOOD
Total area 2,190 SF
Lot 0.05 ac (2,357 SF)
Zoning code SMC4*
APN 4285-029-006
UPID US10-0291043
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
  • LA Draught Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jui Yu Liao And Hsiu Chin Wei Rlt
Jui Yu Liao And Hsiu Chin Wei Rlt
since 2025
Last sale
$1.5M
5 recorded transactions
2025
$1.5M
2004
Price N/A
1992
Price N/A
1989
Price N/A
1972
$46,000
Zoning & alternative use
SMC4* · Santa Monica, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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