$3,050,000
SOLD JUL 14, 2025
10 Beds
11 Baths
6,480 Sq Ft
7,521 Sq Ft Lot

Recently Sold

$471 Per Sq Ft

15% Below List Price

70 Days on Market

Highlights

  • Ceiling Fan
  • Roosevelt Elementary School Rated A+
  • 5-minute walk to Holbrook Park

About This Home

As of July 2025

4 units will be VACANT - (1) 2+1, (2) 1+1, (1) Studio - 4 VACANT Front Garages (Extra Income/ADU Potential) 824 Lincoln Blvd offers an investor a 10-unit apartment building in prime North of Wilshire, Santa Monica. These 10 units are situated just south of Santa Monica's famous Montana Ave boasting a highly desirable unit mix of a 2-bedroom units, 1-bedroom units and a couple of studios. Montana Ave is a highly desired area in Santa Monica to live in due to its many restaurants, shopping, and cafes, which is why this area commands higher than average rents. Please do not disturb the tenants.

Last Agent to Sell the Property

Chase Simonton

RE/MAX One License #01766871 Listed on: 02/10/2025

RE/MAX One

Co-Listed By

Keri White

Element RE, Inc License #01491049

Last Buyer's Agent

Chase Simonton

RE/MAX One License #01766871 Listed on: 02/10/2025

RE/MAX One

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Parking

  • 12 Parking Spaces

Interior Spaces

  • 6,480 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 11 Bathrooms

Additional Features

  • 7,521 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 4292-001-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6480
  • Lot Acreage: 0.1727
  • Stories: 3
  • Year Built: 1955
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 11.00
  • Price Per S Q F T: 555.56

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 1 Car
  • Total Parking: 12

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 46.23
  • Assessed Improvement Value: 286393
  • Assessed Land Percent: 53.77
  • Assessed Land Value: 333109
  • Total Assessed Value: 619502
  • Assessor Parcel Number: 4292-001-006
  • Lot Size Area: 7521

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 13.35
  • Number Of Units: 10
  • Total Annual Expense: 94374
  • Type Of Units: 2+2,2+1,1+1
  • Vacancy Rate: 40%

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Range of Values:

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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
07/14/2025 07/14/25 Sold $3,050,000 -15.3% $471 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $3,600,000 -- $556 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25496427

The MLS