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Watt Companies Sells Development Site In Santa Monica For $2.5M

Property Image
SOLD
$2,500,000

California

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Development Site8,972 SF
Sold 02/18/2022
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Property Image
SOLD

Watt Companies Sells Development Site In Santa Monica For $2.5M

1443 18th Street, Santa Monica, California 90404, United States

See Similar Deals
Development Site8,972 SF
Sold 02/18/2022
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Summary

CALIFORNIA
Asset Type:Development Site
Price Per Square Foot:$278
Total Square Footage:8,972 SF
Transaction Type:Sale

Located in Santa Monica, the development site at 1443 18th St. recently sold for $2,500,000. The property, which spans 8,972 square feet, came already entitled and approved by the city. The transaction was facilitated by brokers Josh Kaplan and Troy Lucero of Transwestern.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $2,500,000
  • Address: 1443 18th St.
  • Market: Santa Monica
  • Built Square Feet: 8,972

The sale of 1443 18th St. was made possible by the seller, Watt Companies, and the expertise of brokers Josh Kaplan and Troy Lucero from Transwestern. The property had already received the necessary entitlements and approval from the city, and the brokers successfully found the right buyer to bring the plans to life. For more information, contact [email protected].

Players

Josh Kaplan
8 deals$74.1M volume(213) 430-2538
BROKER

Troy Lucero
Transwestern
8 deals$74.1M volume
BROKER

Details

SOLD
IMAGE: Josh Kaplan & Troy Lucero DATE: 02/18/2022 ADDRESS: 1443 18th St. MARKET: Santa Monica ASSET TYPE: Development Site SELLER: Watt Companies BROKERS: Josh Kaplan & Troy Lucero - Transwestern SALE PRICE: $2,500,000 BSF: 8,972 ~ PPBSF: $278 NOTE FROM BROKER: 1443 18th St. came to us already entitled & approved by the city - we just had to find the right buyer to bring the plans to life. Contact us at [email protected] for more details.

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