Southern California Real Estate
The Team ~ The Achievers Group
818-533-8326818-533-8326

928 LINCOLN Boulevard, Santa Monica, CA 90403 (MLS # 17257866)

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PRICE $2,998,800
BEDS n/a
BATHS 0 baths
HOME SIZE 3,110 sq ft
LOT SIZE 7,478 sqft

Imagine the best of beach-chic, Montana Ave-adjacent home ownership with the upside of future investment potential and monthly rental income to offset your mortgage! Why buy a condo when you can own a DUPLEX with a large, beautiful backyard? This grand property offers one full unit upstairs and one full unit downstairs, each one has a large living area, formal dining, an eclectic and charming kitchen, two big bedrooms, two baths and both office and laundry areas. Perfect to live in one unit and lease the other; with market rents estimated between $5,200 to $6,000 per month - the future promise of this property apparent! Projected revenues support an estimated 3.21% cap rate for investors who want to own in Santa Monica with the option to develop! There is also a detached, bonus creative studio / work space, too! Ocean Ave., Third Street Promenade and top-rated Roosevelt Elementary are only minutes away!

DAYS ON MARKET 129 LAST UPDATED 12/5/2017
YEAR BUILT 1926 COMMUNITY Santa Monica
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) ResidentialIncome

PRICE HISTORY
Prior to Oct 18, '17 $3,500,000
Oct 18, '17 - Today $2,998,800


ADDITIONAL DETAILS
APPLIANCES Refrigerator, Tankless Water Heater
ARCHITECTURALSTYLE Traditional
CARPORTSPACES 0.00
DIRECTIONFACES North
FIREPLACEFEATURES Decorative
FLOORING Carpet, Wood
INTERIORFEATURES Open Floor Plan
LANDLEASEAMOUNTFREQUENCY Monthly
LANDLEASEYN 0
LAUNDRYFEATURES Gas & Electric Dryer Hookup, Outside, See Remarks
LEVELS Two
LOTFEATURES Back Yard, Front Yard, Landscaped, Lawn, Near Public Transit, Park Nearby, Walkstreet, Yard
LOTSIZEUNITS Square Feet
MLSAREAMAJOR C14 - Santa Monica
PARKINGFEATURES Other
POOLFEATURES None
PRICEPERSQUAREFOOT 964.24
PROPERTYTYPE Residential Income
SPECIALLISTINGCONDITIONS Standard


89 Very Walkable

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Listing provided by : Conrado Delagarza, Redfin

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 12/11/17 1:22 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

By The Team ~ The Achievers Group