Campbell Wellman Properties Sells Santa Monica Multifamily For $16.9M

The multifamily property located at 1012 3rd Street in Santa Monica was recently sold for $16,900,000. This property comprises 28 units spanning across 31,680 square feet, with a price per unit of $603,571 and a price per square foot of $533.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $16,900,000
• Units: 28
• Price Per Unit: $603,571
• Square Footage: 31,680
• Price Per Square Foot: $533
• Address: 1012 3rd Street, Santa Monica
• Market: Santa Monica

The sale of this property was facilitated by Jonathan Taksa from Taksa Investment Group and Todd Stein & Colin Wellman from Campbell Wellman Properties. Each of these individuals played a crucial role in finalizing the transaction, showcasing their expertise in the real estate market.