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3214 Highland Avenue

Navin Megji Of Resident Group Represents Buyer In $4.74M Condo Sale In Santa Monica
SOLDCondo

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

Navin Megji

Resident Group

Broker

$12.2M

vol

2 deals

Broker

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