728 MONTANA Avenue, Santa Monica, CA 90403 (MLS # 18332592) – Drew de la Houssaye - Realtor ©

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728 MONTANA Avenue, Santa Monica, CA 90403 (MLS # 18332592)

Price $10,500,000
Status Active
Beds 0
Baths 0 bath
Home size 8,412 sq ft
Lot Size 13,505 sqft
Days on Market 131
We are proud to present to market "Montana@Lincoln Crossing", a prominent Mixed Use asset located in the eternally hip city of Santa Monica along the fabled Montana Ave at the intersection with Lincoln Blvd. The asset is composed of two parcels: one that is the corner property that is 60 feet fronting Montana and 100 feet fronting Lincoln; and, a second that is 50 feet by 150 feet used for parking that is primarily entered off of Lincoln with an alley access to Montana. The 3 ground level retail spaces have mostly 5-year leases with extendable terms providing a high degree of income security. The 6 residential studio loft units above on the 2nd level have high ceilings and large private balconies, presenting a potential upside opportunity by realizing market rents in these premium units. 4 of the 6 units are not subject rent control. CALL FOR OFFERS on May 18.
Property Type(s): Residential Income
Last Updated 4/12/2018 Year Built 1999
Community C14 - Santa Monica County Los Angeles

Additional Details

AREA C14 - Santa Monica
GARAGE Parking Space
LOT 0.31 acre(s)
STORIES 2
ZONING SMC2*

Location

 

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Listing provided by : Scott Rosenberg CalBRE:01456686, RE/MAX ESTATE PROPERTIES

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 8/19/18 9:41 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2018.

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