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1101 Lincoln 1a, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 2 bath

1101 Lincoln 1a, Santa Monica, California 90403 home-pic-0
ACTIVE$949,000$1,014/sqft
1101 Lincoln 1a, Santa Monica, California 90403
2Beds
2Baths
1,014Sqft
7,496Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Franklin Elementary School (9/10).
Top Cons:
High Monthly Association Fee: The association fee of $950.81 per month is substantial and represents a significant ongoing cost for ownership.

Compared to the nearby listings

Price:$949.0K vs avg $1.32M ($-368,500)23%
Size:1,014 sqft vs avg 1,390 sqft21%
Price/sqft:$936 vs avg $97735%

More Insights

Built in 1964 (62 years old).
Condition: The property, built in 1964, is move-in ready and well-maintained with fresh paint and updated flooring. However, the kitchen features dated white appliances (except for the refrigerator) and basic white cabinetry, suggesting a renovation that is likely 15-25 years old. Similarly, the bathrooms are clean and functional but exhibit older vanity styles, integrated sinks, and tile work that are not contemporary. While some cosmetic updates like flooring and paint are more recent, the core elements of the kitchen and bathrooms show signs of being outdated, aligning with the 'fair' condition criteria.
Year Built
1964
Close
-
List price
$949K
Original List price
$949K
Price/Sqft
$936
HOA
$950.81
Days on market
-
Sold On
-
MLS number
PV26010400
Home ConditionFair
Features
Good View: Park/Greenbelt
Deck
ViewPark/Greenbelt

About this home

Own a well-located 2-bedroom, 2-bath Santa Monica condo under $1M in one of the city’s most consistently in-demand neighborhoods near Wilshire and Montana. This first-floor residence offers a practical layout and strong long-term appeal in a supply-constrained coastal market. 1101 Lincoln Blvd #1A spans approximately 1,014 square feet and features a functional single-level floor plan. The building offers two entrances, basement parking, and two storage areas associated with the unit, along with access to additional city-permitted parking options for added convenience. Seller states the building is exempt from Santa Monica Rent Control. Buyer to independently verify. This exemption provides added flexibility for future rental use while maintaining appeal for an owner-occupant or second-home buyer. The property is move-in ready and presents an opportunity for light cosmetic updates over time. Located moments from Montana Ave, parks, local dining, transit, and the beach, the home benefits from walkability and proximity to Santa Monica’s major employment and lifestyle hubs. A compelling entry point into Santa Monica ownership for buyers seeking location, usability, and optionality in a historically resilient coastal market. Some images have been virtually staged to illustrate possible furnishing and layout options.

Z
Zoltan Peresztegi
Listing Agent

Nearby schools

8/10
Roosevelt Elementary School
Public,•K-5•0.4mi
9/10
Franklin Elementary School
Public,•PK-5•1.3mi
8/10
Lincoln Middle School
Public,•6-8•0.5mi
8/10
Santa Monica High School
Public,•9-12•1.0mi
Condition Rating
Fair
The property, built in 1964, is move-in ready and well-maintained with fresh paint and updated flooring. However, the kitchen features dated white appliances (except for the refrigerator) and basic white cabinetry, suggesting a renovation that is likely 15-25 years old. Similarly, the bathrooms are clean and functional but exhibit older vanity styles, integrated sinks, and tile work that are not contemporary. While some cosmetic updates like flooring and paint are more recent, the core elements of the kitchen and bathrooms show signs of being outdated, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Franklin Elementary School (9/10).
Prime Santa Monica Location: The condo is exceptionally well-located in a consistently in-demand neighborhood near Wilshire and Montana, offering excellent walkability to Montana Ave, parks, dining, transit, and the beach, connecting to major employment and lifestyle hubs.
Rent Control Exemption: The building is stated to be exempt from Santa Monica Rent Control, providing significant flexibility for future rental use and enhancing its appeal for both owner-occupants and investors.
Compelling Entry Point: Priced under $1M in a supply-constrained coastal market, this property represents a compelling and accessible entry point into Santa Monica ownership, offering strong long-term appeal in a historically resilient market.
Functional Layout & Amenities: Features a practical single-level floor plan, includes basement parking, two dedicated storage areas, and access to additional city-permitted parking options, adding convenience and value.
Move-in Ready with Update Potential: The property is move-in ready, allowing for immediate occupancy, while also presenting an opportunity for light cosmetic updates over time to personalize and enhance its value.

Cons

High Monthly Association Fee: The association fee of $950.81 per month is substantial and represents a significant ongoing cost for ownership.
Building Age & Potential for Updates: Built in 1964, the property, while functional, may require cosmetic updates over time, suggesting some elements could be dated or nearing the end of their useful life.
First-Floor Location: As a first-floor residence, the unit may experience limitations in natural light, privacy, and elevated views compared to units on higher floors, despite having a 'Park/Greenbelt' view.
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