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

1101 Lincoln Boulevard 2b, Santa Monica, California 90403 home-pic-0
ACTIVE$758,980
1101 Lincoln Boulevard 2b, Santa Monica, California 90403
2Beds
2Baths
992Sqft
7,496Lot
Year Built
1964
Close
-
List price
$759K
Original List price
$759K
Price/Sqft
$765
HOA
$604.83
Days on market
-
Sold On
-
MLS number
25572639
Home ConditionPoor
Features
Good View: City Lights, Mountain(s), Ocean
ViewCity Lights,Mountain(s),Ocean

About this home

We found 3 Cons,5 Pros. Rank: price - $759.0K(13th), sqft - 992(25th), beds - 2(50th), baths - 2(45th).

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
08/05/25
$758,980
Condition Rating
Poor

The property was built in 1964, making it 60 years old. There are no interior images provided, nor is there any mention of recent renovations to the unit's interior in the description. While the building's exterior and common areas appear well-maintained, the lack of interior information for a unit of this age strongly suggests that the kitchen, bathrooms, and other interior components are original or severely outdated. Bringing such a unit to modern standards would require substantial repairs and rehabilitation, including full kitchen and bathroom remodels, and potentially updates to flooring, fixtures, and electrical systems.
Pros & Cons

Pros

Exceptional Coastal Location: Situated in the coveted North of Wilshire neighborhood, just 9 blocks from Santa Monica Beach and steps from Montana Avenue, boasting a Walk Score of 91.
Rare Bulk Investment Opportunity: Acquisition of 9 out of 11 condominium units provides significant portfolio control and a unique chance to own a substantial asset in a supply-constrained market.
Strong Investment Fundamentals: Positioned as a 'trophy investment' offering income stability and long-term value in one of Southern California's most sought-after submarkets.
Individualized Unit Features: Each unit benefits from on-site parking, separate gas/electric meters, individual water heaters, and in-unit dishwashers, enhancing tenant appeal and operational efficiency.
Desirable Views & Accessibility: Offers attractive City Lights, Mountain, and Ocean views, coupled with excellent accessibility to major freeways, Downtown LA, Silicon Beach, and LAX.

Cons

Mandatory Bulk Purchase: The requirement to acquire all nine units simultaneously drastically narrows the potential buyer pool to only large-scale investors, limiting marketability.
Discrepant Pricing Information: The listed price and square footage are for a single unit (2B), creating confusion as the offering is explicitly for a bulk sale of nine units, implying a much higher total investment.
Building Age: Constructed in 1964, the 60-year-old building may necessitate future capital expenditures for system upgrades or modernization to maintain competitiveness and appeal.

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