February 29, 2024 Breaking News, Latest News, and Videos

47-Unit Multifamily Property Opens on Lincoln Blvd

Ground-Floor Commercial Space Will in Part Be Occupied by a Bakery Chain and an Athletic Location.

By Zach Armstrong

A long-awaited multifamily property from a Los Angeles-based real estate developer has opened in Santa Monica’s Sunset Park neighborhood.

The Wilson, a project located at 2903 Lincoln Blvd. from the CIM Group , comprises a four-story building spanning from Ashland Avenue in the north to Wilson Place in the south. As previously reported, the complex houses 47 dwellings, including studio, one-, two-, and three-bedroom units, with four designated as extremely low-income affordable housing. According to its website, monthly rents range from around $2,900 to $5,600. 

Amenities include a roof deck with two gas fireplaces and BBQ’s, along with a courtyard with lounge seating and dining tables.

About 15,000 square feet of ground-floor commercial space encompass the property, which its website states will in part be occupied by bakery chain Tartine and a Nike Run Club location. 

Founded in 1994, CIM Group is a real estate owner, lender and developer with over $30 billion in assets. The firm’s portfolio includes Santa Monica properties such as United Oil at 3500 S. Centinela Ave., Lincoln Place at 725 Arizona Ave. and the 802 Ashland Ave. apartment complex.

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