1143 Lincoln Boulevard, Santa Monica, CA 90403 - Berkshire Hathaway HomeServices California Properties
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1143 Lincoln Boulevard, Santa Monica, CA 90403

$3,725,000 Approx. USD 24 beds, 16 baths
10,434 sqft

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Listing Agent


Jonathan Taksa | jon@taksainvestment.com
Lic#: 01366169
Broker: Courtesy of Remax Commercial and Investment Realty

Agent Remarks

PRICE IMPROVEMENT. INCREDIBLY PRICED DEAL NORTH OF WILSHIRE!!! We are pleased to offer for sale an incredible multifamily asset located at 1143 Lincoln Blvd. in the heart of LA's famed beach city of Santa Monica. Originally built in1976, the building boasts an incredibly unique unit mix consisting of all very large 3-bedroom floor plans. Each of these units is spacious, has a terrific layout, and offers an abundance of natural light. Perfect for a long-term investor, the property has incredible rental upside, a secured intercom entrance, ample on-site parking, all copper plumbing, a newer roof, as well as an on-site laundry facility. The unit mix includes (8) 3-bed, 2-bath units. Many of the units have been upgraded with hardwood flooring, stainless steel appliances, and granite countertops. Additionally, units feature fireplaces and balconies. This is a fantastic trophy asset in an undeniably attractive location that will be a perfect addition to an investor's portfolio. A quick stroll to downtown Santa Monica, Montana Avenue, and the beach, this property is situated close to all Santa Monica has to offer. With incredible in-place income, enormous rental upside potential, and a secured tenant base, 1143 Lincoln Blvd. gives buyers the unique opportunity to own a generational asset in one of LA's most prized and coveted locations.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25491091
List price is $3,725,000 Reduced by $125,000 on 3/6/2025
Price: $3,725,000
Beds: 24
Baths: 16
Built in 1976
10,434 sqft
1 story
0.17 acres
Lot size: 0.1726
County: Los Angeles
Zoning: SMR2*
Appliances: Dishwasher,Microwave
Parking description: Assigned
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: C14 - Santa Monica

Last Updated: 3/6/2025

 Days On Market (DOM): 53

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This listing belongs to the C14 - Santa Monica MLS area

Lat/Long: 34.022843, -118.494767.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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