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2601 28th Street

Sara Bolton Purchases Santa Monica Multifamily Property From Paul Viskov For $1.9M
SOLDMultiFamily

Sara Bolton Purchases Santa Monica Multifamily Property From Paul Viskov For $1.9M

2601 28th Street

$1,900,000

$842/SF

Building Size

2,256 SF

Asset Type

MultiFamily

Closing

Nov 24, 2025

AI

The property asset involved in the transaction is a multifamily building located at 2601 28th Street in Santa Monica. The sale price was $1,900,000, encompassing 3 units. The total square footage of the property is 2,256, resulting in a price per unit of $633,333 and a price per square foot of $842.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,900,000
  • Units: 3
  • Square Footage: 2,256
  • Price Per Unit: $633,333
  • Price Per Square Foot: $842
  • Buyer: Sara Bolton
  • Seller: Paul Viskov
  • Broker: Michael Kamara - The Kamara Multifamily Group & Michael Sterman - Marcus & Millichap

Key individuals involved in the transaction include the buyer, Sara Bolton, and the seller, Paul Viskov. The deal was facilitated by brokers Michael Kamara from The Kamara Multifamily Group and Michael Sterman from Marcus & Millichap, who represented both parties in the transaction.

Players

Michael Sterman

Marcus & Millichap

Broker

$307.7M

vol

39 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Santa Monica MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93