Tyler Makhani Brandon Makhani And Chloe Makhani Of Avondale Equities Acquire Restaurant In Santa Monica For $4.27M

This property asset is a commercial restaurant and cocktail lounge located at 2820-2828 Main St., Santa Monica, CA. The transaction was finalized at a price of $4,270,000, covering a building area of 4,684 square feet. The asset includes an outdoor dining patio of 2,146 square feet, with a total leasable space of 6,830 square feet. The zoning for the property is classified as C2, and it occupies a lot size of 5,776 square feet.

Summary of transaction details:

• Property Type: Commercial, Restaurant & Cocktail Lounge
• Transaction Amount: $4,270,000
• Building Square Footage: 4,684 SF
• Price per Square Foot: $912 per/SF
• Outdoor Dining Patio: 2,146 SF
• Leasable Square Footage: 6,830 SF
• Zoning: C2
• Lot Size: 5,776 SF
• Buyer: Tyler Makhani, Brandon Makhani & Chloe Makhani - Avondale Equities
• Seller: Joyce A. Syme
• Broker: Andrew Leff - The CREM Group

The deal involved Tyler Makhani, Brandon Makhani, and Chloe Makhani representing Avondale Equities as the buyers, while Joyce A. Syme acted as the seller. Andrew Leff served as the broker for the transaction, representing the interests of the involved parties.