Updated Sep 15, 2026
Saeed Khorram Acquires Church In Santa Monica For $3.4M With Buyer's Representative Arash Pashaei
836 Cedar Street
$3,400,000
$451/SF
Building Size
7,539 SF
Asset Type
Church
Closing
Sep 10, 2026
About this deal
AI
The property asset involved in this transaction is a church located at 836 Cedar Street in Santa Monica. The sale price for this asset was $3,400,000, and it offers a total square footage of 7,539, resulting in a price per square foot of $450.
Summary of transaction details:
- Property Type: Church
- Transaction Amount: $3,400,000
- Location: 836 Cedar Street, Santa Monica
- Square Footage: 7,539
- Price per Square Foot: $450
- Buyer: Saeed Khorram
- Seller: Santa Monica Pentecostal Church
- Buyer's Representative: Arash Pashaei - Keller Williams Realty
The deal featured Saeed Khorram as the buyer, who purchased the property from the Santa Monica Pentecostal Church. The transaction was facilitated by the buyer's representative, Arash Pashaei, who is affiliated with Keller Williams Realty.
Players
Santa Monica Church Market Snapshot
Boundary boundary · Church · Sale transactions
Loading comparables…
Deal FAQ
Visit Arash Pashaei to view all their deals.
Browse Santa Monica church sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93