OVERVIEW
CLOSED $2,300,000 · August 20, 2026 · Represented the Seller
I represented the sellers of this freestanding two-story commercial building on Lincoln Blvd in Santa Monica, which sold for $2,300,000, about $819 per square foot. It closed on August 20, 2026.
How we got it sold
The most important thing to my sellers was price. This building was part of a larger portfolio of properties, so they could afford to wait for the right buyer. We took our time, received several offers while on the market, and got them the price they wanted.
The transaction turned out to be complex, with an out-of-state buyer and delays along the way. We worked through each one, closed the sale, and closed at a higher price that was their goal.
About the property
A freestanding two-story commercial building from 1962 at the corner where Santa Monica meets Venice, just off the heavily traveled intersection of Lincoln Blvd and Rose Ave. It has a new roof, a flexible open interior with lots of natural light, a rooftop deck, and 10 dedicated on-site parking spaces behind the building. The building was delivered vacant. It’s zoned SMC4 (Highway Commercial), which allows many business types, including office, retail, medical, and fitness (buyer to verify). That makes it a good fit for a single-user headquarters, a multi-tenant layout, or a longer-term redevelopment play.
STATS
Freestanding two-story commercial building
Approx. 2,810 sq ft
Built in 1962, new roof
Lot size approx. 4,372 sq ft, zoned SMC4
10 on-site parking spaces
Rooftop deck
Santa Monica, on Lincoln Blvd near Rose Ave
Sold: August 20, 2026 at $2,300,000 (about $819/sq ft)
List price: $2,350,000, sold at 97.87% of list
Days on market: 42
Selling a commercial or investment property on the Westside?
Some sellers need to sell fast, and some can afford to wait for the right price. Knowing which one you are drives every decision. If you’re thinking about selling a commercial or investment property, let’s talk.
Kara Marotta | kara.marotta@serhant.com | 818-519-8634 | DRE 02196098
Represented the Seller
SERHANT California is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number #02440323. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified and should be independently verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. Neither listing broker(s) nor Kara Marotta shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. If your property is currently listed for sale this is not a solicitation.