Private Investor Acquires Property On Lincoln Blvd, Santa Monica For $4.05M
SOLD
$4,050,000
California
See Similar DealsSOLD
Private Investor Acquires Property On Lincoln Blvd, Santa Monica For $4.05M
911 Lincoln BLVD, Santa Monica, CA...
See Similar DealsSummary
CALIFORNIA
Transaction Type:Sale
The property at 911 Lincoln Blvd, Santa Monica, CA was successfully sold in a transaction amounting to $4,050,000.00. The buyer, represented by Kimberly Stepp of Stepp Commercial, acquired the property from the Unknown Family Trust in Santa Monica.
Summary of transaction details:
- Property Type: N/A
- Transaction Amount: $4,050,000.00
- Market: Santa Monica
- Buyer's Rep: Kimberly Stepp (Stepp Commercial)
- Buyer: Private Investor
- Seller: Unknown Family Trust
The successful sale of the property located at 911 Lincoln Blvd, Santa Monica, CA, involved a private investor as the buyer and the representation of Kimberly Stepp from Stepp Commercial. The seller in this transaction was the Unknown Family Trust.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$216,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,388.79
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,199.07
Annual Debt Service$230,388.79
Is there something missing? Send suggestions