Maher Ismail Acquires Special Purpose Property In Santa Monica For $3.7M

Three properties in Santa Monica, CA have recently been sold in a special purpose transaction. These properties are located at 1708 17th Street, 1624 Olympic Blvd, and 1620 Olympic Blvd. The sale took place on October 12, 2022. The buyer, Maher Ismail, purchased the properties from the seller, Kenneth Jones, for a total price of $3,700,000. The total square footage of the properties is 2,957, resulting in a price per square foot of $1,251.

Summary of transaction details:

• Property Type: Special Purpose
• Transaction Amount: $3,700,000
• Address: 1708 17th Street, 1624 Olympic Blvd, 1620 Olympic Blvd
• Market: Santa Monica, CA

The buyer's representative in this transaction was Amjed Manasrah, from Global Realty Capital, Inc. representing Maher Ismail. On the seller's side, T.C. Macker and Jennifer Moscoso from WESTMAC Commercial Brokerage Company represented Kenneth Jones. These key individuals played an instrumental role in facilitating the deal.