1101 Lincoln Boulevard 3c, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 2 bath

1101 Lincoln Boulevard 3c, Santa Monica, California 90403 home-pic-0
ACTIVE$798,765
1101 Lincoln Boulevard 3c, Santa Monica, California 90403
2Beds
2Baths
1,044Sqft
7,496Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location: Ideally situated in Santa Monica's coveted North of Wilshire neighborhood, offering exceptional walkability (Walk Score 91) to the beach, Montana Avenue, Palisades Park, and other iconic destinations, with excellent freeway access.
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, potentially extending the marketing and sale period.

Compared to the nearby listings

Price:$798.8K vs avg $1.30M ($-501,235)15%
Size:1,044 sqft vs avg 1,394 sqft27%
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 and clean, there are no interior images of the specific unit (3C) to assess the condition of the kitchen, bathrooms, appliances, flooring, or other internal features. Given its age and the lack of explicit information about recent unit-specific renovations, it's highly probable that the interior components are functional but show signs of being outdated, or have undergone updates that are themselves 15-30+ years old. The description mentions 'well-appointed' units, which suggests functionality but not necessarily modern aesthetics or recent extensive renovations. This aligns with the 'Fair' condition criteria, indicating an aged but maintained property where major components are functional but likely outdated.
Year Built
1964
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$765
HOA
$654.64
Days on market
-
Sold On
-
MLS number
25573139
Home ConditionFair
Features
Good 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 and clean, there are no interior images of the specific unit (3C) to assess the condition of the kitchen, bathrooms, appliances, flooring, or other internal features. Given its age and the lack of explicit information about recent unit-specific renovations, it's highly probable that the interior components are functional but show signs of being outdated, or have undergone updates that are themselves 15-30+ years old. The description mentions 'well-appointed' units, which suggests functionality but not necessarily modern aesthetics or recent extensive renovations. This aligns with the 'Fair' condition criteria, indicating an aged but maintained property where major components are functional but likely outdated.
Pros & Cons

Pros

Prime Coastal Location: Ideally situated in Santa Monica's coveted North of Wilshire neighborhood, offering exceptional walkability (Walk Score 91) to the beach, Montana Avenue, Palisades Park, and other iconic destinations, with excellent freeway access.
Rare Bulk Investment Opportunity: A unique chance to acquire nine (9) out of eleven (11) condominium units, providing significant scale, income stability, and long-term value in a highly sought-after and supply-constrained coastal submarket.
Diverse Unit Mix & Features: Comprises eight 2-bed/2-bath units and one expansive 3-bed/3-bath residence, each equipped with on-site parking, separate gas/electric meters, individual water heaters, and in-unit dishwashers, enhancing tenant appeal.
HOA Benefits for Investors: Common area expenses, including water, trash, and shared electricity, are covered through the Homeowners Association, simplifying property management and reducing direct operational costs for the investor.
Premium Views: The property offers desirable City Lights, Mountain(s), and Ocean views, a significant amenity that enhances the appeal and potential rental value of the units.

Cons

Mandatory Bulk Purchase: The requirement to purchase all nine units together significantly narrows the potential buyer pool to large-scale investors or developers, potentially extending the marketing and sale period.
Building Age: Built in 1964, the property's age suggests that while well-maintained, it may require future capital expenditures for updates to aging infrastructure (e.g., plumbing, electrical systems) not explicitly detailed.
Partial Building Ownership: Acquiring 9 out of 11 units means the buyer will not have full control over the entire building, which could lead to complexities in future collective decisions or potential redevelopment plans.

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