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     For additional information, contact Wolf Baschung, Ccim, Cpm Phone: (213) 927-2113
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728 MONTANA AVE, Santa Monica, CA 90403
Listing# 18332592
 
 
 
 
Price: $10,500,000
Bedrooms: 6
Full Bathrooms: 6
Sq. Feet: 8412
Type: Residential Income
County: Los Angeles
 
 
 
 
    Photo of home for sale at 728 MONTANA Avenue, Santa Monica CA
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MAPS:
 
 
 
 
Remarks
 
 
 
 
We are proud to present to market "Montana@Lincoln Crossing", a prominent Mixed Use asset located in the eternally hip city of Santa Monica along the fabled Montana Ave at the intersection with Lincoln Blvd. The asset is composed of two parcels: one that is the corner property that is 60 feet fronting Montana and 100 feet fronting Lincoln; and, a second that is 50 feet by 150 feet used for parking that is primarily entered off of Lincoln with an alley access to Montana. The 3 ground level retail spaces have mostly 5-year leases with extendable terms providing a high degree of income security. The 6 residential studio loft units above on the 2nd level have high ceilings and large private balconies, presenting a potential upside opportunity by realizing market rents in these premium units. 4 of the 6 units are not subject rent control. Contact listing agent for more info!

 
 
 
 
OVERVIEW:
 
 
 
 
Original MLS:18-332592:CLAW
Property Type:Residential Income
Listing Status:Active
Area Name:Santa Monica
Year Built:1999
Square Feet:8412
Parking Type:Parking Space
Garage Spaces:33
Heat Type:Central Furnace
Cooling Type:Air Conditioning
 
 
 
 
FEATURES:
 
 
 
 
Interior Features:Other
 
 
 
 
ROOM INFO:
 
 
 
 
Bedrooms:6
Total Baths:6
Total Full Baths:6
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$10,500,000
Gross Operating Income:$489,017
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Data last updated: 04/24/2018


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