The multifamily property located at 1233 Franklin St. in Santa Monica has been sold at a price of $7,200,000. The transaction took place on March 10, 2022. The property consists of 8 units with a price per unit of $900,000. The total square footage of the property is 10,567, with a price per square foot of $681.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $7,200,000
• Address: 1233 Franklin St.
• Market: Santa Monica
• Units: 8
• Price per Unit: $900,000
• Square Footage: 10,567
• Price per Square Foot: $681

The sale of the property was facilitated by Peter Yorck and Nick Lavin from JLL. They acted as the brokers in the deal, representing the buyer and seller. Their expertise and negotiation skills played a crucial role in the successful completion of the transaction.