Updated Aug 27, 2026
Olam 2537 Lincoln Blvd LLC Acquires Santa Monica Commercial Parcel For $6.675M From Empire At Lincoln LLC
2537 Lincoln Boulevard
$6,675,000
Building Size
—
Asset Type
Commercial
Closing
Sep 8, 2025
About this deal
AI
A commercial property located at 2537 Lincoln Boulevard in Santa Monica has been sold for $6,675,000. The site spans 0.44 acres and was previously occupied by Rolling Greens nursery.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $6,675,000
- Address: 2537 Lincoln Boulevard
- Market: Santa Monica
- Acres: 0.44
- Buyer: Olam 2537 Lincoln Blvd LLC
- Seller: Empire at Lincoln, LLC
- Brokerage: KWP Real Estate
- Brokers: Lee Shapiro & Christine Deschaine
KWP Real Estate successfully facilitated the sale on behalf of the seller, Empire at Lincoln LLC. The buyer, Olam 2537 Lincoln Blvd LLC, is identified as an owner-user for the property.
Players
Santa Monica Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.38%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93