For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $3,700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,416 sqft
Price per Sqft $683
MLS Listing ID SB21217686
Sold Date 02/04/22
HOA Y/N No
Year Built 1924
Lot Size 7,501 Sqft
Acres 0.1722
Property Description
917 Lincoln Blvd is a value add 6-unit building located north of Wilshire Boulevard in one of the premier residential neighborhoods in the Country. The two buildings consist of 5,416 SF of living space situated on a large 7,500 SF lot. The property offers a great unit mix consisting of (4) 3-Bed/2.5-Bath, (1) 2-Bed/2-Bath, and (1) 1-Bed/1-Bath. The property also features an on-site laundry facility and (5) 1-car garages with the potential to convert two of the garages into a 1-bedroom ADU (buyer to verify). Four of the six units have been partially gutted, and the property will be sold in as-is condition.
Located exactly 7 blocks from the 3rd Street Promenade, this is an incredible opportunity for any investor seeking growth, stability, and a hedge against inflation.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Sewer PublicSewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4281033020
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Financing CashtoLoan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with David Condon • David Michael Condon
GET MORE INFORMATION
Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960