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INVESTMENT HIGHLIGHTS
- Entitled Mixed-Use Development Site
- Superb City of Santa Monica Demographics
- Strong Multifamily Demand Drivers
- Less than 10 Blocks to the Beach
- Delivered with Plans to Build 69 Apartment Units and Space to Add 16 ADUs for a Total of 85 Units and 1,800 SF of Ground Level Retail
- Current Improvements: ±1,646 SF Commercial Building on MTM lease
EXECUTIVE SUMMARY
CBRE, as exclusive advisor, is pleased to present 2307 Lincoln Boulevard, an entitled mixed-use development opportunity located in the heart of Santa Monica, California. Positioned at the highly visible southeast corner of Lincoln Boulevard and Pearl Street, just nine blocks from the Pacific Ocean, this site offers the ideal balance of urban accessibility and coastal living.
PROPERTY FACTS
| Price | $8,500,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.26 AC |
| Property Type | Land | ||
| Zoning | C4 - Heavy Commercial | ||
| Price | $8,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.26 AC |
| Zoning | C4 - Heavy Commercial |
1 LOT AVAILABLE
Lot
| Price | $8,500,000 | Lot Size | 0.26 AC |
| Price Per AC | $32,692,307.69 |
| Price | $8,500,000 |
| Price Per AC | $32,692,307.69 |
| Lot Size | 0.26 AC |
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 4284-005-022 | Improvements Assessment | $104,040 |
| Land Assessment | $4,265,640 | Total Assessment | $4,369,680 |
PROPERTY TAXES
Parcel Number
4284-005-022
Land Assessment
$4,265,640
Improvements Assessment
$104,040
Total Assessment
$4,369,680
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2307 Lincoln Blvd
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