John E Burge

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 

1129 Lincoln BoulevardSanta Monica, CA 90403

Multi-Family · 7,377 Sq. ft. | 0.17 Acres
$3,700,000 Active

1129 Lincoln Boulevard Overview

Time on Site:
113 days
Visits:
1

The subject property (Lincoln Park Apartments) is a Classic 1950's two story walkup apartment building with 10 units. There are 3 two bedroom units, 5 one bedroom units, and 2 Studio apartments. The property features a gated central courtyard for access to the common area and entry for all of the units. There is a laundry room on site and 7 parking garages, in addition to the front parking area for 3 more vehicles. The units are subject to City of Santa Monica Rent Control and all units are below market with upside in rental income as units turnover. The property is in one of the most desirable areas of Santa Monica, just north of Wilshire Boulevard across from beautiful Reed Park which encompasses a full city block and has picnic tables, benches, basketball courts, public and private tennis courts. This quiet apartment complex is a short walk or bike ride to, 3rd Street Promenade with it's many shops and restaurants, the park along Ocean Avenue, Santa Monica State Beach, and The Santa Monica Pier. Properties in this area rarely become available, and are in high demand.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1129 Lincoln Boulevard Facts & Features

  • Type Multi-Family
  • Sq. ft. 7,377
  • Price/Sq.ft. $502
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Common Interest: None

Income/Expenses

  • Electric Expense: 1350.0
  • Fuel Expense: 2095.0
  • Gardener Expense: 1590.0
  • Gross Income: 275192.0
  • Gross Scheduled Income: 275816.0
  • Insurance Expense: 7919.0
  • Maintenance Expense: 8000.0
  • Net Operating Income: 185760.0
  • New Taxes Expense: 43140.0
  • Operating Expense: 90056.0
  • Trash Expense: 1095.0
  • Water Sewer Expense: 7131.0

Building Information

  • New Construction: No
  • Year Built: 1956

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C14 - Santa Monica
  • Postal City: SANTA MONICA

Community/Development

  • Community Features: Urban

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Cash to New Loan
  • Parcel Number: 4281035016
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 7.0
  • Garage: Yes

Building Interior

  • Building Area Total: 7377.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Gated
  • Laundry Features: Common Area
  • Levels: Two
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking Spaces: 3.0
  • Parking Total: 10.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Rectangular Lot
  • Lot Size Acres: 0.172
  • Lot Size Area: 7494.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7494.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Mid-Century Modern
  • Property Attached: Yes

General Information

  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

1129 Lincoln Boulevard Neighborhood

Community

90403 (SANTA MONICA) Demographics

43
Median Age
15,994
Population Density (per sq. mile)
77%
College Educated
$111,611
Estimated Median Income
3,140
Estimated Total Home Owners
9,761
Estimated Total Renters
24% / 76%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1129 Lincoln Boulevard Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1129 Lincoln Boulevard Market Data

Based on the last 30 days in this zip code

$2,127,773
Average List Price
$1,225
Average Price per Square Foot
22
Properties Sold
90
Average Days on Market
297
Properties for Sale
Calculations provided by Reliance Network

1129 Lincoln Boulevard History

Date Event Value Agent
5/19/2026Source: CRMLS Price Reduction
$3,700,000 -2.6%
3/9/2026Source: CRMLS Added to Database
March 09, 2026
Listing provided courtesy of Re/Max Commercial & InvestmentStephen Lampe- MLS# SB26051364MLS ProviderContact Information: 310-802-2500
Cookie Button: