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2103 3rd Street, Santa Moni...

Updated Oct 13, 2026

Bold Partners Acquires Multifamily Property In Santa Monica For $6.2M
SOLDMultiFamily

Bold Partners Acquires Multifamily Property In Santa Monica For $6.2M

2103 3rd Street, Santa Monica, CA, USA

$6,200,000

$523/SF

Building Size

11,841 SF

Asset Type

MultiFamily

Closing

Aug 17, 2020

About this deal

AI

The multifamily property located at 2103 3rd St. in Santa Monica has been sold for a price of $6,200,000. The transaction took place on August 17, 2021.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $6,200,000
  • Address: 2103 3rd St., Santa Monica
  • Market: Santa Monica

The buyer of the property is Bold Partners, represented by Mark Silver. The seller is Christopher Restak. The brokers involved in the transaction are Kelly Giery and Cameron Samimi.

The multifamily sale at 2103 3rd Street, Santa Monica, CA, USA in Santa Monica, California sold for $6.2M in 2020. The building is 11,841 square feet, implying about 523 per square foot on the published price. Kelly Giery, Christopher Restak, Mark Silver, Cameron Samimi appear on the sale alongside Lyon Stahl Investment Real Estate. This page is the Santa Monica, California file for the 2103 3rd Street, Santa Monica, CA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Santa Monica sit in the Market section below. Filter that Santa Monica multifamily set by closing date to see what else sold near 2103 3rd Street, Santa Monica, CA, USA around 2020. Published consideration for 2103 3rd Street, Santa Monica, CA, USA is $6.2M, dated 2020. Cite this Bold Partners Acquires Multifamily Property In Santa Monica For $6.2M sale when underwriting similar multifamily product around Santa Monica, California.

On the Map

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$6,200,000

$523/SF

MultiFamily

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Players

Kelly Giery

Broker

$6.2M

vol

1 deal

Broker

Mark Silver

Bold Partners

Buyer

$87.8M

vol

12 deals

Buyer
BP
Bold PartnersBuyer

Christopher Restak

Seller

$6.2M

vol

1 deal

Seller
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Santa Monica MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $523 per square foot on a published $6.2M for 11,841 square feet (2020).

Visit Mark Silver to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.56%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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