2221 Lincoln BlvdSanta Monica, CA 90405
- Healthcare properties
- 10,039 SF
Property Details for 2221 Lincoln Blvd
- Year built
- 1973
- Construction
- WOOD
- Lot size
- 0.28 AC
- Property size (Sq ft)
- 10,039 SF
- Zone code
- SMC4*
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 4284-004-023
- APU
- 4284004023
Description
This exceptional 2,070 square foot medical office building is located at 2221 Lincoln Blvd in the vibrant city of Santa Monica, California, within Los Angeles County (zip code 90405). The property is a single-tenant building, currently vacant and ready for immediate occupancy. The building is classified as both retail and office space, specifically designated as a medical office. The property offers ample customer or patient parking conveniently situated in a rear lot. This presents a unique opportunity for medical professionals seeking a well-located, readily available space to establish or expand their practice. The building's size and layout are ideal for a variety of medical uses, offering flexibility for customization to meet specific needs. Its prime location in Santa Monica provides excellent visibility and accessibility for patients and staff. The property is being offered for sale, presenting a compelling investment opportunity in a thriving market. With its convenient location, ample parking, and versatile space, this medical office building is poised for immediate success. The property's address is easily accessible via major transportation routes, ensuring convenient access for both patients and staff. This is a rare opportunity to acquire a fully vacant, single-tenant medical office building in a highly desirable location. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,426,570
- 6.5%
- $2,239,911
- 7%
- $2,079,917
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,906,700
- Geo Method
- $1,909,016
-
Alternative Use
- Use
- Valuation
- Residential
- $2,777,490
- Hospitality
- $2,544,166
- Educational
- $2,116,716
- Medical
- $2,189,513
- Retail
- $3,292,669
Location Insight
- City
- Santa Monica
- County
- Los Angeles
- State
- California
- Latitude
- 34.0099
- Longitude
- -118.48
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].