2951-2953 Lincoln Blvd - Loft/Creative Space FOR SALE


Santa Monica, CA 90405- Sunset Park
$2,499,000 USD
818-355-4906
2951-2953 Lincoln Blvd, Santa Monica, CA for Sale
$2,499,000 USD
Loft/Creative Space - FOR SALE
1/40
null | Request Cap Rate

2951-2953 Lincoln Blvd
Santa Monica, CA 90405
Sunset Park


HIGHLIGHTS

  • ZONING: SMC4 - THIS IS A HIGHWAY COMMERCIAL DISTRICT AND ALMOST ALL USES ARE PERMITTED IN THIS USE
  • 8-10 SURFACE SPACES
  • ADD VALUE
  • OWNER USER
  • 100% VISIBILITY
  • INVESTMENT OPPORTUNITY

OVERVIEW

This free-standing two-story office building is perfectly located in the heart of Santa Monica, just minutes from Santa Monica Airport, Brentwood, Westwood, and Century City. Featuring a brand new roof, a great floor plan, and a lot of natural light, this property is perfect for anyone looking to owner-occupy or use it as an investment. The property is also highly visible and directly across the street from Starbucks, ensuring constant foot traffic and easy access for customers or clients. Spanning approximately 3,295 square feet on a 4,356 square foot lot, the building was originally constructed in 1962. Over the last several years, it has undergone numerous renovations, enhancing its functionality. This investment is versatile enough to be occupied by a single tenant or divided into multiple spaces, offering flexibility for creative office layouts or multi-tenant use. Zoned SMC4 (Highway Commercial District), nearly all business types are permitted, making it an excellent location for a variety of enterprises. Positioned near major landmarks like Santa Monica Airport, West Hollywood, Mid-Wilshire, Sunset Strip, and Hollywood, and with extremely high traffic counts, this asset offers great visibility and access. This property is not only a prime add-value opportunity in a sought-after area but also represents a great investment opportunity for those looking to capitalize on Santa Monica's dynamic market. Explore the full zoning possibilities as outlined on page 128 of the Santa Monica Zoning Ordinance: SMC Zoning Ordinance. https://www.smgov.net/uploadedFiles/Departments/PCD/Zoning/ZO%20Complete%206-2015.pdf (Page 128 of 394)

FOR SALE DETAILS

PRICE

$2,499,000 USD

PRICE/SF

$758 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

SMC4

APN/PARCEL ID

4285-028-011

ASK ABOUT THIS PROPERTY

Karine AslanianThe AgencyMore Info
818-355-4906

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Karine AslanianThe AgencyMore Info
818-355-4906

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.