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2300 Lincoln Blvd Santa Monica, CA 90405

Santa Monica Storefront - High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 7,032 square foot retail storefront, located at 2300 Lincoln Boulevard in the vibrant Ocean Park neighborhood of Santa Monica, California, presents a compelling investment opportunity. Situated on a 9,362 square foot lot, this property boasts a prime location on Lincoln Boulevard, a major north-south thoroughfare, just five blocks south of Interstate 10, ensuring high visibility and accessibility. The building, constructed in 1924, features two units: a larger space of approximately 5,030 square feet and a smaller space of approximately 2,000 square feet. Currently occupied by short-term tenants, this presents a unique chance for repositioning and maximizing rental income. The property includes three parking spaces in the rear, a rare amenity in this location. With an average daily traffic count of approximately 50,900 vehicles, this corner property offers unparalleled exposure. The permitted zoning is SMC4*. The property's location offers easy access to major transportation arteries and is only eight miles from LAX, placing it within convenient reach of a vast customer base. Its proximity to other popular Southern California cities like Beverly Hills and Hollywood further enhances its appeal. This is a rare opportunity to acquire a well-located retail property with significant upside potential in a high-demand market. The property's location and current lease terms make it an attractive investment for those seeking immediate returns and long-term growth.

Highlights

  • Corner lot with rear parking.
  • Lowest price per square foot on Lincoln Boulevard.
  • Both tenants have short-term leases.
  • Eight miles from LAX.
  • Convenient to Beverly Hills and Hollywood.

Property Details for 2300 Lincoln Blvd

Property type
Retail properties, Retail space
Square Feet
7,032 SF
Year Built
1924
Units
2

Location Insight

City
Santa Monica
County
Los Angeles
State
California
Latitude
34.009543
Longitude
-118.4799639

FAQs

What type of property is this?
Retail property - Santa Monica Storefront - High Traffic Area
Where is the retail property located?
The property is located at 2300 Lincoln Blvd Santa Monica, CA.
What are key features of this property?
This property features: Corner lot with rear parking.; Lowest price per square foot on Lincoln Boulevard.; Both tenants have short-term leases.
How can I contact the broker?
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2300 Lincoln Blvd
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