David Simanian Acquires Multifamily Property From Ramin Mesriani In Santa Monica For $3.33M

The multifamily property located at 1247 Berkeley Street in Santa Monica has been sold for $3,330,000. The property consists of 6 units and offers a total square footage of 8,990, resulting in a price per unit of $555,000 and a price per square foot of $370.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,330,000
• Units: 6
• Price Per Unit: $555,000
• Square Footage: 8,990
• Price Per Square Foot: $370
• Buyer: David Simanian
• Seller: Ramin Mesriani
• Brokers: Chase Simonton & Andrew Wong - RE/MAX One Commercial

The transaction involved David Simanian as the buyer, while Ramin Mesriani represented the seller. The brokerage for the deal was managed by Chase Simonton and Andrew Wong from RE/MAX One Commercial, highlighting their role in facilitating this multifamily transaction.