$3,700,000
$3,995,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
6 Baths
7,500 Sqft Lot
SOLD DATE : 02/04/2022
Key Details
Sold Price $3,700,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB21217686
Sold Date 02/04/22
Bedrooms 6
HOA Y/N No
Lot Size 7,500 Sqft
Property Description
917 Lincoln Blvd is a value add 6-unit building located north of Wilshire Boulevard in one of the premier residential neighborhoods in the Country. The two buildings consist of 5,416 SF of living space situated on a large 7,500 SF lot. The property offers a great unit mix consisting of (4) 3-Bed/2.5-Bath, (1) 2-Bed/2-Bath, and (1) 1-Bed/1-Bath. The property also features an on-site laundry facility and (5) 1-car garages with the potential to convert two of the garages into a 1-bedroom ADU (buyer to verify). Four of the six units have been partially gutted, and the property will be sold in as-is condition. Located exactly 7 blocks from the 3rd Street Promenade, this is an incredible opportunity for any investor seeking growth, stability, and a hedge against inflation.
917 Lincoln Blvd is a value add 6-unit building located north of Wilshire Boulevard in one of the premier residential neighborhoods in the Country. The two buildings consist of 5,416 SF of living space situated on a large 7,500 SF lot. The property offers a great unit mix consisting of (4) 3-Bed/2.5-Bath, (1) 2-Bed/2-Bath, and (1) 1-Bed/1-Bath. The property also features an on-site laundry facility and (5) 1-car garages with the potential to convert two of the garages into a 1-bedroom ADU (buyer to verify). Four of the six units have been partially gutted, and the property will be sold in as-is condition. Located exactly 7 blocks from the 3rd Street Promenade, this is an incredible opportunity for any investor seeking growth, stability, and a hedge against inflation.
Location
State CA
County Los Angeles
Area Santa Monica (90403)
Zoning Public Rec
Building
Lot Description Sidewalks
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $137
Space Rent $5,500
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Bought with NON LISTED AGENT • San Diego
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