728 MONTANA AVE

Estimated Monthly Payment: $47,882/mo 728 MONTANA AVE, Santa Monica, CA 90403 MLS# 18332592 Residential Income Listing Status: Active
6
6
8,412 sqft
130
84
0
0

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. CALL FOR OFFERS on May 18.

OVERVIEW:

18-332592:CLAW
Residential Income
Active
Santa Monica
1999
8412
Parking Space
33
Central Furnace
Air Conditioning

FEATURES:

Other

ROOM INFO:

6
6
6

FINANCIAL:

$10,500,000
$489,017

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Scott Rosenberg - Re/Max Estate Properties

 

01369850 

 

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CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). 

 

Data last updated: 08/19/2018