1101 Lincoln Blvd Immeuble residentiel 9 lots 6 250 031 € (694 448 €/Lot) Taux de capitalisation 4,16 % Santa Monica, CA 90403

True North CRE of Compass Commercial is pleased to present the opportunity to acquire nine (9) out of eleven (11) condominium units (all with separate Assessor Parcel Numbers) at 1101 Lincoln Boulevard, ideally situated in the coveted North of Wilshire neighborhood of Santa Monica. Just nine blocks from the beach and steps from the vibrant Montana Avenue corridor, this rare coastal investment offers an exceptional combination of prime location, income stability, and long-term value.

Originally built in 1964, the three-story building consists of eleven (11) total units on a 7,494 square-foot parcel zoned SMR2. This nine (9) unit offering includes eight (8) well-appointed 2-bed/2-bath units and one (1) expansive 3-bed/3-bath residence, totaling approximately 9,454 square feet of living area. Each unit features on-site parking, separate gas and electric meters, individual water heaters, a building-wide security system, and in-unit dishwashers. Common area expenses—including water, trash, and shared electricity—are covered through the Homeowners Association (HOA). By acquiring seven of the eleven units, the buyer will hold majority control of the HOA with a 82.4% ownership interest, providing strategic influence over building operations and future planning.

With a Walk Score of 91, residents enjoy unmatched walkability to some of Santa Monica’s most iconic destinations, including Palisades Park, Santa Monica Pier, Third Street Promenade, and Santa Monica State Beach. The property also offers excellent accessibility to major freeways and transit corridors, with convenient access to Downtown Los Angeles, Silicon Beach, and LAX.

This is a unique opportunity to acquire a trophy investment in one of Southern California’s most sought-after and supply-constrained coastal submarkets.