19 Jan 2017 Santa Monica Multifamily Sales Report
2017 Santa Monica Multifamily Sales Report 5-100 Units For 2017, Santa Monica multifamily sales for units 5 to 100 units totaled: - 42 total sales - 488 total units sold - $193,155,000 total sales volume with a median - cap rate of just above 3%, - GRM hovering in the 19 range, - price per unit at $416k and - price per foot at $536. When relating these numbers to the...