1101 Lincoln Boulevard #1

Santa Monica, CA 90403

$ 895,000

Price

2

Beds

2

Baths

1,014 Sq. Ft.

$883 / Sq. Ft.

0 Days On Market

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Listed By Christina Fetterolf (DRE# 02067644) at Rodeo Realty.

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FOR THE FIRST TIME, CONVENTIONAL FINANCING IS NOW AVAILABLE THROUGH A LENDER-APPROVED FINANCING PATHWAY FOR THIS HISTORICALLY NON-WARRANTABLE CONDOMINIUM BUILDING! This is a significant breakthrough, opening new financing opportunities for qualified buyers! See agent remarks for the lender who has already reviewed and approved this financing pathway. ADDITIONAL FINANCING OPPORTUNITIES! The lender also offers loan programs with as little as 0% down for eligible buyers, as well as FHA 203(k) renovation loan options that may allow qualifying renovation costs to be incorporated into the mortgage. All financing options are subject to buyer qualifications, property eligibility, program guidelines, and lender approval.Discover an exceptional opportunity in the heart of Santa Monica! This spacious 2-bedroom, 2-bathroom condominium offers an ideal combination of location, comfort, and investment potential. Situated on the first floor, the property features a generous floor plan, comfortable living spaces, and an excellent opportunity to personalize through cosmetic updates.Whether you're a first-time homebuyer, searching for a primary residence, or an investor looking to diversify your portfolio, this property offers outstanding versatility. Ideally located near Santa Monica's renowned shopping, dining, entertainment, and beaches, with convenient access to everything the Westside has to offer.For investors, the property has a strong rental history, previously generating approximately $5,000$5,500 per month, with potential for increased rental income through strategic cosmetic improvements. Buyers are encouraged to independently verify rental history and future income potential.ADDITIONAL INVESTMENT OPPORTUNITY! This condominium is also being offered as part of a two-property investment package with 1147 24th St., Santa Monica, a four-unit multifamily property located just minutes away. Both properties are offered together at a combined asking price of $3,090,000, providing an opportunity to acquire five residential units across two properties with established rental income and potential for future growth.The properties are located on separate parcels and may also be purchased individually. Contact the listing agent directly for additional information regarding the combined investment opportunity, current rent rolls, rental income history, projected income potential, and available financing options. An exceptional opportunity to establish or expand your Santa Monica real estate portfolio!

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Property Type Condominium
Lot Size 7,496 sq. ft.
Year Built 1964
MLS # 26101749
Listing Type Active
Heating Forced Air, Central
Cooling Central Air
Parking Subterranean

Last Updated: 12 hours ago

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Property Details for: 1101 Lincoln Boulevard #1

Interior Features

Bathroom Information
  • 2 full baths
Interior Features
  • Ceiling Fan(s)
Heating & Cooling
  • Central Air
  • Forced Air
  • Central

Parking / Garage, Multi-Unit Information, Location Details

Interior Information
  • Ceiling Fan(s)
Parking Information
  • Subterranean

Exterior Features

Property / Lot Details

Property Features
  • Trees/Woods
Lot Information
  • Lot Size (Sq. Ft) 7,496
Property Information
  • Tax Parcel Number: 4281035055

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    Ryan Case, Licensed Realtor & Team Lead

    Ryan Case

    Licensed Realtor & Team Lead

    213-449-4909 Contact Ryan Case

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