NAI Capital Brokers Acquire Multifamily Property In Santa Monica For $12.1M

The property asset involved in this transaction is a multifamily building located at 2643 Centinela Ave in Santa Monica. The sale price reached $12,100,000, encompassing an area of 28,403 square feet, which translates to a price per square foot of $426.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $12,100,000
• Address: 2643 Centinela Ave
• Market: Santa Monica
• Square Footage: 28,403
• Price per Square Foot: $426
• Brokers: Sheri Messerlian & Tim Steuernol - NAI Capital

The deal was represented by brokers Sheri Messerlian and Tim Steuernol from NAI Capital, who facilitated the transaction involving the multifamily asset in Santa Monica. Their expertise contributed to the successful closing of this property sale.