Kay Steins Acquires Multifamily Property In Santa Monica For $2.3M

A multifamily property located at 1531 Harvard Street in Santa Monica was recently sold in a transaction. The property consists of 5 units with a total square footage of 4,397. The asking price for the property was $2,350,000, and it was eventually sold for $2,292,500. This translates to a price per unit of $458,500 and a price per square foot of $521.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,292,500
• Units: 5
• Price per Unit: $458,500
• Total Square Footage: 4,397
• Price per Square Foot: $521
• Address: 1531 Harvard Street, Santa Monica

The buyer in the transaction was Kay Steins, while Reza Iranpour served as the seller. The brokerage firm Remax was represented by Jake Plewa in the deal.