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

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].