2314-2316 Lincoln Blvd
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2314-2316 Lincoln Blvd
13,342 SF 100% Leased Retail Building Santa Monica, CA 90405 $10,950,000 ($821/SF)
Investment Highlights
- Excellent accessibility
- Excellent visibility
- Located in the heart of Santa Monica, with Downtown just north and Ocean Park just south.
Executive Summary
WESTMAC Commercial Brokerage Company is presenting the opportunity to acquire 2314-2316 Lincoln Boulevard. The property is ±13,342 square foot building on ±14,104 square feet of land.
The single-story building is comprised of two rentable units.
2316 Lincoln is fully leased with a strong guaranty and 2314 Lincoln is vacant and perfect for an owner-user to occupy immediately.
The building is located on the corner of Kensington Avenue and Lincoln Boulevard and across the signal intersection of Lincoln Boulevard and Pearl Avenue. Situated between Pico Boulevard to the north and Ocean Park Boulevard to the south, the property has excellent accessibility. The area has a Walk Score of 91 (Walker’s Paradise) and a Bike Score of 92 (Biker’s Paradise).
2314-2316 Lincoln Boulevard is less than a five-minute drive from both the beach and Santa Monica College. This corner property location is in the heart of Santa Monica, with Downtown just north and Ocean Park just south. Another wildly popular destination for both tourists and locals, Venice, is just about 8 minutes south of the property. The Los Angeles International Airport is less than 30 minutes away.
The single-story building is comprised of two rentable units.
2316 Lincoln is fully leased with a strong guaranty and 2314 Lincoln is vacant and perfect for an owner-user to occupy immediately.
The building is located on the corner of Kensington Avenue and Lincoln Boulevard and across the signal intersection of Lincoln Boulevard and Pearl Avenue. Situated between Pico Boulevard to the north and Ocean Park Boulevard to the south, the property has excellent accessibility. The area has a Walk Score of 91 (Walker’s Paradise) and a Bike Score of 92 (Biker’s Paradise).
2314-2316 Lincoln Boulevard is less than a five-minute drive from both the beach and Santa Monica College. This corner property location is in the heart of Santa Monica, with Downtown just north and Ocean Park just south. Another wildly popular destination for both tourists and locals, Venice, is just about 8 minutes south of the property. The Los Angeles International Airport is less than 30 minutes away.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
13,342 SF
Building Class
B
Year Built
1953
Price
$10,950,000
Price Per SF
$821
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.95
Lot Size
0.32 AC
Zoning
SMC4* - Santa Monica Commercial 4 district. This zoning category is intended to accommodate a mix of commercial uses, including retail, office & Services
Frontage
258 FT on Lincoln Blvd
Amenities
- 24 Hour Access
Walk Score ®
Walker's Paradise (92)
Bike Score ®
Biker's Paradise (92)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 4289-001-007 | Improvements Assessment | $535,910 |
| Land Assessment | $3,885,389 | Total Assessment | $4,421,299 |
PROPERTY TAXES
Parcel Number
4289-001-007
Land Assessment
$3,885,389
Improvements Assessment
$535,910
Total Assessment
$4,421,299
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2314-2316 Lincoln Blvd
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