Eli Chitrik Acquires Multifamily Asset In Santa Monica For $3.9M With Buyer's Rep Cameron Samimi & Bobby Sillman

The property asset involved in the transaction is a multifamily unit located at 1041 9th Street in Santa Monica. It was sold at a price of $3,900,000, comprising 10 units. The total square footage of the property is 9,962, leading to a price per unit (PPU) of $390,000 and a price per square foot (PPSF) of $391.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,900,000
• Units: 10
• Square Footage: 9,962
• Price Per Unit: $390,000
• Price Per Square Foot: $391
• Buyer: Eli Chitrik
• Seller: Ruth Brandt-Apitzer
• Buyer's Representative: Cameron Samimi & Bobby Sillman - Lyon Stahl Investment Real Estate

The transaction was facilitated by Cameron Samimi and Bobby Sillman, who represent the buyer, Eli Chitrik, from Lyon Stahl Investment Real Estate. The seller in this transaction is Ruth Brandt-Apitzer, completing the transfer of ownership for this multifamily property.