Bryan Crane Acquires Santa Monica Multifamily From Toni Williams & Minnell Pearson

The multifamily property located at 1128 7th Street in Santa Monica, CA has been sold in a recent transaction. The property spans a total area of 14,241 square feet and was sold for a price of $6,861,000, which amounts to approximately $482 per square foot. The transaction took place on 11/18/2022 and involved the buyer, Bryan Crane, and the sellers, Toni Williams and Minnell Pearson.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,861,000
• Address: 1128 7th Street, Santa Monica, CA
• Market: Santa Monica, CA
• Buyer: Bryan Crane
• Seller: Toni Williams & Minnell Pearson

The transaction was facilitated by Jonathan Taksa from Taksa Investment Group, who represented the buyer, Bryan Crane. Taksa Investment Group acted as the broker in the deal. The property had an initial asking price of $7,195,000, and after negotiations, it was sold for $6,861,000.