Updated Oct 2, 2026
SOLDCommercial
Brandon Makhani, Tyler Makhani & Chloe Makhani Acquire Santa Monica Restaurant And Office For $5.4M
1441-1445 4th Street
$5,400,000
$399/SF
Building Size
13,525 SF
Asset Type
Commercial
Closing
Sep 25, 2026
About this deal
AI
The property involved in this transaction is a commercial asset located at 1441-1445 4th Street in Santa Monica. This property includes a restaurant and office space, with a total area of 13,525 square feet. The sale was completed for a total transaction value of $5,400,000, resulting in a price per square foot of $399.
Summary of transaction details:
- Property Type: Commercial Restaurant + Office
- Transaction Amount: $5,400,000
- Square Footage: 13,525 SF
- Price Per Square Foot: $399
- Buyer: Brandon Makhani, Tyler Makhani & Chloe Makhani
- Seller: Donald Rezak - Beitler Commercial
- Brokers: Patrick Ylagan & Nick Phillips - Kidder Mathews
- Last Sold Price: $5,950,000 on October 25, 2005
This transaction was facilitated by two brokers from Kidder Mathews, Patrick Ylagan and Nick Phillips. The buyers, a group of three individuals, consisted of Brandon Makhani, Tyler Makhani, and Chloe Makhani, while Donald Rezak represented the seller, Beitler Commercial.
On the Map
$5,400,000
$399/SF
Commercial
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Players
Santa Monica Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93