Navin Megji Of Resident Group Represents Buyer In $4.74M Condo Sale In Santa Monica
3214 Highland Avenue
$4,740,000
$2,414/SF
Building Size
1,963 SF
Asset Type
Condo
Closing
Jul 27, 2026
AI
The property involved in this transaction is a condo located at 3214 Highland Avenue Unit 2 & 4 in Santa Monica. It sold for a transaction amount of $4,740,000, encompassing a total square footage of 1,963, resulting in a price per square foot of $2,414.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,740,000
- Address: 3214 Highland Avenue Unit 2 & 4
- Market: Santa Monica
- Square Footage: 1,963
- Price per Square Foot: $2,414
- Buyer & Seller's Representative: Navin Megji - Resident Group @ Side Brokerage
- Seller's Representative: Tara Burns - The Oppenheim Group
This transaction involved key representatives in the real estate market, with Navin Megji representing both the buyer and seller, facilitating the deal through Resident Group at Side Brokerage, while Tara Burns represented the seller from The Oppenheim Group.
Players
Santa Monica Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.35%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93