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

1101 Lincoln Boulevard 2a, Santa Monica, California 90403 home-pic-0
ACTIVE$757,450
1101 Lincoln Boulevard 2a, Santa Monica, California 90403
2Beds
2Baths
990Sqft
7,496Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Premier Coastal Location: Situated in Santa Monica's coveted North of Wilshire neighborhood, just nine blocks from the beach and steps from Montana Avenue, offering unparalleled lifestyle appeal.
Top Cons:
Mandatory Bulk Purchase: The requirement to purchase all nine units together significantly narrows the potential buyer pool to large-scale investors or developers, limiting market liquidity.

Compared to the nearby listings

Price:$757.5K vs avg $1.30M ($-542,550)13%
Size:990 sqft vs avg 1,394 sqft24%
Price/sqft:$765 vs avg $9984%

More Insights

Built in 1964 (61 years old).
Condition: The property was built in 1964, making it 60 years old. While the exterior and common areas appear well-maintained, there are no interior images provided for the unit(s). This lack of visual information for the kitchen, bathrooms, flooring, and other interior components prevents a full assessment of their condition, style, and features. Without evidence of recent, extensive renovations, it is highly probable that the interiors are functional but dated, requiring updates to meet current quality standards and buyer expectations. This aligns with the 'Fair' condition criteria, indicating that minor updates or repairs are likely needed.
Year Built
1964
Close
-
List price
$757K
Original List price
$757K
Price/Sqft
$765
HOA
$626.18
Days on market
-
Sold On
-
MLS number
25572627
Home ConditionFair
Features
Excellent View: City Lights, Mountain(s), Ocean
ViewCity Lights,Mountain(s),Ocean

About this home

This unit is part of a 9 unit Bulk Condo Sale comprised of units 1B, 1C, 2A, 2B, 2C, 2D, 3B, 3C and 3D (All Units Must be Purchased Together). This is a unique opportunity to acquire nine (9) out of eleven (11) condominium units (all with separate Assessor Parcel Numbers) at 1101 Lincoln Boulevard, ideally situated in the coveted North of Wilshire neighborhood of Santa Monica. Just nine blocks from the beach and steps from the vibrant Montana Avenue corridor, this rare coastal investment offers an exceptional combination of prime location, income stability, and long-term value.Originally built in 1964, the three-story building consists of eleven (11) total units on a 7,494 square-foot parcel zoned SMR2. This nine (9) unit offering includes eight (8) well-appointed 2-bed/2-bath units and one (1) expansive 3-bed/3-bath residence, totaling approximately 9,454 square feet of living area. Each unit features on-site parking, separate gas and electric meters, individual water heaters, a building-wide security system, and in-unit dishwashers. Common area expenses including water, trash, and shared electricity are covered through the Homeowners Association (HOA). With a Walk Score of 91, residents enjoy unmatched walkability to some of Santa Monica's most iconic destinations, including Palisades Park, Santa Monica Pier, Third Street Promenade, and Santa Monica State Beach. The property also offers excellent accessibility to major freeways and transit corridors, with convenient access to Downtown Los Angeles, Silicon Beach, and LAX.This is a unique opportunity to acquire a trophy investment in one of Southern California's most sought-after and supply-constrained coastal submarkets.

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
05/29/25
Sold
$750,000
Condition Rating
Fair

The property was built in 1964, making it 60 years old. While the exterior and common areas appear well-maintained, there are no interior images provided for the unit(s). This lack of visual information for the kitchen, bathrooms, flooring, and other interior components prevents a full assessment of their condition, style, and features. Without evidence of recent, extensive renovations, it is highly probable that the interiors are functional but dated, requiring updates to meet current quality standards and buyer expectations. This aligns with the 'Fair' condition criteria, indicating that minor updates or repairs are likely needed.
Pros & Cons

Pros

Premier Coastal Location: Situated in Santa Monica's coveted North of Wilshire neighborhood, just nine blocks from the beach and steps from Montana Avenue, offering unparalleled lifestyle appeal.
Exceptional Walkability & Accessibility: Boasts a Walk Score of 91, providing unmatched access to iconic Santa Monica destinations and excellent connectivity to major freeways, Downtown LA, Silicon Beach, and LAX.
Significant Investment Opportunity: A rare bulk acquisition of nine out of eleven condominium units, presenting a trophy investment with potential for income stability and long-term value in a supply-constrained market.
Desirable Unit Amenities & Operational Efficiency: Units feature on-site parking, separate gas/electric meters, individual water heaters, security system, and in-unit dishwashers, enhancing tenant appeal and simplifying management.
Potential for Scenic Views: The property offers potential for desirable views including city lights, mountains, and ocean, adding to its intrinsic value and tenant desirability.

Cons

Mandatory Bulk Purchase: The requirement to purchase all nine units together significantly narrows the potential buyer pool to large-scale investors or developers, limiting market liquidity.
High Capital Outlay: Acquiring nine units in a prime Santa Monica location necessitates a substantial capital investment, potentially requiring complex financing arrangements.
Building Age & Potential for Updates: Built in 1964, the property may require significant capital expenditure for modernization or system upgrades to meet contemporary tenant expectations and maximize rental income.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state