NOT LISTED FOR SALE

624 Lincoln Blvd Santa Monica, CA 90402

North of Montana Neighborhood
24 Beds
12 Baths
10,914 Sq Ft
0.34 Acres

Last Sold June 30, 2017

Last sale price $6,000,000 $550 Per Sq Ft

20 Days on Market

Highlights

  • 10 Car Attached Garage
  • Roosevelt Elementary School Rated A+
  • 5-minute walk to Holbrook Park

About This Home

As of June 2017

We are proud to present the rarest north of Montana Santa Monica Investment Opportunity! Nestled within this prestigious multi-million dollar residential community sits two 6 unit buildings situated on over 15,000 SF of land (Two Separate Parcels 624 & 628 Lincoln). Lush landscaping and a green grass courtyard area separate the charming buildings. 7 Blocks to the ocean views of Palisades Park and a half block walk to shoppes, cafes, and boutique stores of Montana Ave! All twelve (12) units have two bedrooms and one bathroom and feature individual washer and dryer hookups and porches. There is a total of 10 garage parking spaces.

Last Agent to Sell the Property

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644 Listed on: 02/22/2017

Last Buyer's Agent

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 0.34 Acre Lot

Interior Spaces

  • 10,914 Sq Ft Home
  • 2-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Bathrooms

Parking

  • 10 Car Attached Garage
  • 10 Open Parking Spaces
  • Carport
  • Assigned Parking

Community Details

  • 2 Buildings
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 4293-011-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 10914
  • Stories: 2
  • Year Built: 1947
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 24
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 12.00
  • Den: 0
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 613.89

Exterior Features

  • Tennis Court Y/N: No
  • Number Patio: 12
  • Pool: No
  • View: No

Garage/Parking

  • Other Spaces: 10
  • Parking Garage: Assigned, Carport, Garage Is Detached
  • Total Parking: 10

Utilities

  • Electric Expense: 477.00
  • Water Expense: 7930.00

Fee Information

  • Insurance Expense: 4071.00
  • Maintenance Expense: 14631.00
  • Other Expense: 1500.00

Lot Info

  • Assessed Improvement Value: 82202
  • Assessed Land Value: 126113
  • Assessor Parcel Number: 4293-011-005
  • Geocode Override: No
  • Lot Size Area: 15008

Rental Info

  • Total Actual Rent: 21528.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
  • Gross Rent Multiplier: 25.94
  • Number Of Units: 12
  • Total Annual Expense: 112847
  • Type Of Units: Apartment
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 80400.00

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $6,000,000 -10.4% $550 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $6,700,000 -- $614 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Benjamin Hsiang

    Seller's Agent in 2017

    Benjamin Hsiang

    Realty Investment Advisors, Inc.

    (424) 377-6001

    72 Total Sales

    Benjamin Hsiang
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Map

Source: The MLS

MLS Number: 17-204516

The MLS
California Los Angeles County Santa Monica 90402 North of Montana

624 Lincoln Blvd, Santa Monica, CA

This home is located at 624 Lincoln Blvd, Santa Monica, CA 90402 since 22 February 2017. This property was built in 1947. 624 Lincoln Blvd is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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