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Dave Koral Acquires Development Site On 16th Street, Santa Monica, For $3.6M

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SOLD
$3,611,000

California

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Development Site1,718 SF
Sold 08/22/2022
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Property Image
SOLD

Dave Koral Acquires Development Site On 16th Street, Santa Monica, For $3.6M

432 16th Street

See Similar Deals
Development Site1,718 SF
Sold 08/22/2022
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Development Site
Price Per Square Foot:$2,101
Total Square Footage:1,718 SF
Transaction Type:Sale

A development site located at 432 16th Street in Santa Monica (N. of Montana) has been sold in a recent transaction. The property spans 7,500 square feet and has a building square footage of 1,718. The sale price for this development site was $3,611,000, resulting in a price per square foot of $481.

Summary of transation details

  • Property Type: Development Site
  • Transaction Amount: $3,611,000
  • Buyer: Dave Koral
  • Seller: Edith Seros Trust
  • Broker: Derrick J. Smith - Coldwell Banker @TheSmithAssociates

Dave Koral acquired this development site from the Edith Seros Trust. The transaction was facilitated by Derrick J. Smith from Coldwell Banker at The Smith Associates.

Players

Derrick J. Smith
Coldwell Banker
Derrick J. Smith
13 deals$58.1M volume(310) 801-1087
BROKER

Details

SOLD
IMAGE: Derrick J. Smith DATE: 08/22/2022 ADDRESS: 432 16th Street MARKET: Santa Monica (N. of Montana) ASSET TYPE: Development Site BUYER: Dave Koral SELLER: Edith Seros Trust BROKER: Derrick J. Smith (@LiveLuxuryLA) - Coldwell Banker (@ColdwellBanker) @TheSmithAssociates SALE PRICE: $3,611,000 BSF: 7,500 ~ PPBSF: $481 SF: 1,718 ~ PPSF: $2,102

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