Retail Property Listed at 1804 Lincoln Boulevard in Santa Monica
$3,900,000
1804 Lincoln Boulevard, Santa Monica, CA 90404
5,012 SF
Square Feet
$778
PPSF
Property Description
WESTMAC Commercial Brokerage Company is presenting the opportunity to acquire 1804 Lincoln Boulevard. The vacant property is ±5,012 square feet of building on ±6,982
square feet of land. The single-story building is in shell condition—perfect for an owner-user to design it to their liking. There is a gated parking lot in the rear of the building with space for approximately eight vehicles. There is also ample metered street parking.
The building is located on the signalized corner of Lincoln Boulevard and Michigan Avenue, one block north of Pico. Situated just one block from the 10 freeway, the property has excellent accessibility. Additionally, the E Line Station in Downtown Santa Monica is about a half mile from the property. The area has a Walk Score of 94 (Walker’s Paradise) and a Bike Score of 92 (Biker’s Paradise).
1804 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 10 minutes south of the property. The Los Angeles International Airport is less than 30 minutes away.
Property Details
Asset Type
Retail
Year Built
1945
Zoning
SMC4*
Lot Size
6,982 SF
Neighborhood
Downtown Santa Monica
Submarket
Santa Monica
ZIP
90404
Listing Type
sale
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$221,856
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$18,488
Annual Debt Service
$221,856
View on Map
Address
1804 Lincoln Boulevard
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Santa Monica Retail Market Snapshot
Boundary boundary · Retail · Sale
No investors found in this market.