Goldman Sachs Acquires Santa Monica Property For $65M

1733 Ocean Ave in Santa Monica has been sold for a staggering $65 million. The property consists of a total area of 34,195 square feet, resulting in a price per square foot of $1,900. The transaction took place on 03/08/2019, and the buyer was Goldman Sachs, while StarPoint Properties acted as the seller. Madison Partners, represented by Bob Safai, facilitated the deal.

Summary of transaction details

• Property Type: Sale
• Transaction Amount: $65M
• Address: 1733 Ocean Ave, Santa Monica
• Market: Santa Monica
• Buyer: Goldman Sachs
• Seller: StarPoint Properties
• Brokers: Bob Safai - Madison Partners
• Square Footage: 34,195
• Price per Square Foot: $1,900

The sale of 1733 Ocean Ave was a significant transaction facilitated by Bob Safai of Madison Partners. Goldman Sachs acted as the buyer, acquiring the property from StarPoint Properties in Santa Monica.