1031 Exchanges are possible in this market Eric von Bluecher originally presented the opportunity at 1537 15th Street to his client as an off market acquisition utilizing his relationships with apartment building owners in Santa Monica. Although the property ended up going to market, Eric’s ability to forge relationships with the listing agents in addition to his excellent strategic advice, allowed his...
2423 4th St, Santa Monica, CA 90405 8 Units Santa Monica Investment Property - Walk to Beach, Main Street and Transit Price $4,450,000 Cap Rate 3.11% No. Units 8 Gross Rent Multiplier 18.35 Building Size 8,758 SF Price/Unit $556,250 No. Stories 2 Year Built 1965 Lot Size 6,390 SF 2423 4th Street Marketing Package Highlights First time this Santa Monica Investment Property has been on market in 40 years! Exceptional unit...
Recent sales metrics including GRM, CAP Rates, Price Per Square Foot and Price Per Unit of apartment buildings sold in Marina del Rey, Santa Monica, Pacific Palisades and Venice Beach. Please click this link for a copy of the newsletter AQ-Santa Monica Venice. Santa Monica Apartment Building Sales October-December 2015 Summary According to reports pulled from CoStar® analytics of 5 to 20 unit multifamily sales,...
Case study of a 10 unit apartment building deal sold off market in Santa Monica....