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

1101 Lincoln Boulevard 1, Santa Monica, California 90403 home-pic-0
ACTIVE$1,149,000
1101 Lincoln Boulevard 1, Santa Monica, California 90403
2Beds
2Baths
1,014Sqft
7,496Lot
Year Built
1964
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$1,133
HOA
$626.18
Days on market
-
Sold On
-
MLS number
25550937
Home ConditionGood
Features
Good View:
Patio
View

About this home

We found 3 Cons,6 Pros. Rank: price - $1.15M(38th), sqft - 1014(25th), beds - 2(50th), baths - 2(45th).

Nestled in the heart of Santa Monica, this stunning 2-bedroom, 2-bathroom condo offers an exceptional opportunity to enjoy coastal living at its finest. Located just moments from the iconic Third Street Promenade, the stylish shops and dining of Montana Avenue, and the breathtaking waves of the Pacific, this residence offers an unrivaled location with easy access to Wilshire Boulevard and the vibrant energy of Santa Monica. The bright, front-facing corner unit is thoughtfully designed with an open floor plan that seamlessly connects the living, dining, and kitchen areas, creating an ideal space for both relaxing and entertaining. Recent upgrades include sleek marble flooring and luxurious countertops in the kitchen, complemented by beautiful hardwood floors throughout. The spacious primary bedroom features an en-suite bath and walk-in closet, offering a private retreat. Step out onto the enclosed patio to enjoy tranquil park views, or take advantage of the community's amenities, including secure, gated parking. Situated directly across from Christine Emerson Reed Park, you'll have access to playgrounds, basketball courts, and the Santa Monica Tennis Academy. With no rent control, this property presents a perfect opportunity for both investors and owner-users. Experience the ultimate in coastal living this prime location won't last long!

Nearby schools

8/10
Roosevelt Elementary School
Public,K-50.4mi
9/10
Franklin Elementary School
Public,PK-51.3mi
8/10
Lincoln Middle School
Public,6-80.5mi
8/10
Santa Monica High School
Public,9-121.0mi

Price History

Date
Event
Price
03/27/20
Sold
$765,000
01/18/07
Sold
$550,000
Condition Rating
Good

The property, built in 1964, benefits from significant recent interior renovations, including a modern kitchen with sleek marble flooring and luxurious countertops, and beautiful hardwood floors throughout. This makes the unit move-in ready and aesthetically updated. However, the older building age and the stated absence of central cooling prevent it from achieving an 'Excellent' score, as a top-tier property would typically feature modern climate control and potentially newer overall infrastructure.
Pros & Cons

Pros

Great Schools: Elementary School: Franklin Elementary School (9/10).
Unbeatable Coastal Location: Directly across from Christine Emerson Reed Park, moments from the iconic Third Street Promenade, Montana Avenue, and the Pacific Ocean, offering unparalleled access to Santa Monica's best.
Modern Interior Upgrades: Recently renovated kitchen featuring sleek marble flooring and luxurious countertops, complemented by beautiful hardwood floors throughout the unit.
Desirable Unit Layout & Features: A bright, front-facing corner unit with an open floor plan, and a spacious primary bedroom boasting an en-suite bath and walk-in closet.
Private Outdoor Space & Park Views: An enclosed patio provides tranquil park views, enhancing the living experience and offering a private retreat.
Investment Opportunity & Secure Parking: The property is not subject to rent control, making it attractive for investors, and includes valuable secure, gated parking.

Cons

High Monthly Association Fee: The association fee of $626.18 is substantial and adds significantly to the ongoing monthly housing expenses.
Older Building Age: Constructed in 1964, the building may have older infrastructure and potentially higher maintenance costs or fewer modern common amenities compared to newer developments.
Absence of Central Cooling: The property description does not mention a cooling system, which could be a drawback during warmer months, especially for a 'bright' unit.

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