This classic Mid-Centry Modern property in the Wilshire-Montana neighborhood is available for the 1st time in decades. It features 10 Huge Units averaging 1,000 SF each, and there is over 35% upside on rents. The unit mix is outstanding with (8) 2BR/2BA units, and (2) 1BR/1BA units. The low Price per SF for the area ($441) makes this property the best value North of Wilshire. The building front features a lovely facade with brick planters and wainscotting that creates visually stunning curb appeal. There is secure subterannian parking with automatic gate, controlled access, and on-site laundry so tenants will feel safe and secure. There is no seismic retrofit required. The building systems have recently been updated with new paint/stucco exterior, parking gates front & back, and a new re-circulation pump, expansion tank and sump pump. Some of the plumbing supply lines have been re-piped with copper, and there is new carpeting in the exterior stairwells. The roof was also recently repaired and coated with silicone sealant, and there are new gutters & downspouts. The location is spectacular! It is just a few blocks from Inspiration Point, Palisades Park, the renowned Saint Monica's Prep School and Church, the 3rd Street Promenade, and across the street from Emerson Park with tennis & basketball courts, etc. The family has lovingly maintained this charming property for over 50 years and is now ready to a set a place at the table for a new owner. Your investment in this Prime location will be lucrative with a property that will be cost-effective to operate and easy to maintain.
Property Details
Property Features
Property Information:
Year Built: 1968
Stories: 2
Living Area: 10,356 SqFt
Listing Office:
Office Name: Lyon Stahl Investment Real Estate, Inc.
Office Phone: (310) 425-9838
Listing Agent: Keith Moret
Interior Features
Interior Information:
Appliances: Disposal
Bedroom and Bathroom Information:
Total Bedroom Count: 18
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
School Info
Assigned Schools Information:
Santa Monica High School, Public District Grades 9-12
Lincoln Middle School, Public District Grades 6-8
Roosevelt Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: North of Wilshire
Price Information
Listing Price Info
Price Summary:
List Price: $4,400,000
Price Per SqFt: $425/SqFt
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Housing Market Comparison
See how this home compares to others in Santa Monica, CA.
This property is $2.6M more than the Median Sold Price and $675/SqFt less than other homes in Santa Monica, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24378867
Listing Office:
Office Name: Lyon Stahl Investment Real Estate, Inc.
Office Phone: (310) 425-9838
Listing Agent: Keith Moret
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/8/2024, 6:20:43 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Roosevelt Elementary School
801 Montana Ave
Distance between this listing and this school0.43 miles
Public District Grades KG-5
Middle School
9
/10
Lincoln Middle School
1501 California Ave
Distance between this listing and this school0.48 miles
Public District Grades 6-8
High School
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school1.02 miles
Public District Grades 9-12
Assigned Schools
8
/10
Roosevelt Elementary School
801 Montana Ave
Distance between this listing and this school0.43 miles
Public District Grades KG-5
Nearby Schools
8
/10
Canyon Elementary School
421 Entrada Dr
Distance between this listing and this school1.15 miles
Public Charter Grades KG-5
7
/10
McKinley Elementary School
2401 Santa Monica Blvd
Distance between this listing and this school1.24 miles
Public District Grades KG-5
Assigned Schools
9
/10
Lincoln Middle School
1501 California Ave
Distance between this listing and this school0.48 miles
Public District Grades 6-8
Nearby Schools
7
/10
John Adams Middle School
2425 16th St
Distance between this listing and this school1.64 miles
Public District Grades 6-8
8
/10
Paul Revere Middle School
1450 Allenford Ave
Distance between this listing and this school2.19 miles
Public Charter Grades 6-8
Assigned Schools
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school1.02 miles
Public District Grades 9-12
Nearby Schools
8
/10
New West Charter
1905 Armacost Ave
Distance between this listing and this school2.45 miles
Public Charter Grades 6-10
5
/10
University Senior High School
11800 Texas Ave
Distance between this listing and this school2.56 miles
The neighbors living near this home have an average income of $62,827. Most Santa Monica, CA residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1111 Lincoln Blvd
What is the listing price of this property?
The listing price of 1111 Lincoln Blvd property is $4,400,000.
What type of property is this?
The property 1111 Lincoln Blvd is a house located in Santa Monica, California, 90403.
Is this property for sale now?
Active Listing: 1111 Lincoln Blvd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1111 Lincoln Blvd are: Roosevelt Elementary School: GreatSchools Rating 8/10Lincoln Middle School: GreatSchools Rating 9/10Santa Monica High School: GreatSchools Rating 9/10
How many bedrooms and bathrooms does this property have?
The property at 1111 Lincoln Blvd has 18 bedrooms and 18 bathrooms.
What is the square footage of this property?
The property 1111 Lincoln Blvd is 10,356 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1111 Lincoln Blvd is 1968.
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This home is located at 1111 Lincoln Blvd in Santa Monica, CA and zip code 90403 in the Wilshire / Montana neighborhood. This 10,356 square foot home, which was built in 1968, sits on a 0.17 acre lot. Features: 18 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $4,400,000.
Over 22 listings were sold over their listed price in April 2024 in Santa Monica, CA. In the same period over 21 listings were sold below the listed price and 7 listings were sold for the listed price. The number of listings in Santa Monica, CA increased by 24.5% between March 2024 and April 2024. In April 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $1,789,833.
From Rocket Homes Real Estate and based on county public records data.