933 Lincoln Boulevard, Santa Monica, California 90403

Santa Monica Contractor’s Special! Here you will find a rare opportunity for a renovation project of a classic single-family home, and you can also add up to 3 more units on the lot! (Buyer to verify all information with the city.) The one level single-family home currently on the lot is a diamond in the rough. You’ll delight in the extraordinary quality from the wood crown moldings to the antique hardwood floors. The sunny and bright kitchen features a vintage 4 burner stove. This home is roomy and spacious with 3 bedrooms, a cheerful living room with a cozy brick fireplace, an exquisite formal dining area with beautiful built-in cabinets, and a full bathroom. For entertaining, you will enjoy the shady and private backyard. Don’t miss the 5 (yes 5!) side by side one car garages and interior laundry room. This property has a lot of value-add potential. For example, check out the sale at 954 5th Street. The Buyer bought it with a single-family home on the lot. The Buyer rehabilitated the historical home, and then built 3 additional townhouses on the lot. The Buyer went on to sell the single-family home for $2, 450, 000, and then sold the three townhouses for $2, 150, 000, $2, 200, 000, and $2, 350, 000. The town home addresses are 956 5th Street, Units A-C. You can also check out the sale at 1124 7th Street. The Buyer already rehabilitated the historical single-family home on the lot, and plans on adding 3 more units to the property. Don’t miss out on this opportunity!