HJK International Inc. Acquires Multifamily Property In Santa Monica For $2.16M

The multifamily property located at 707 Strand St. in Santa Monica has been sold for a total of $2,160,000. The property consists of 5 units with an average price per unit of $630. The total square footage of the property is 3,427, resulting in a price per square foot of $432,000. The transaction took place on April 6, 2021.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $2,160,000
• Address: 707 Strand St.
• Market: Santa Monica
• Units: 5
• Price per Unit: $630
• Total Square Footage: 3,427
• Price per Square Foot: $432,000

The buyer's representative for this transaction was Kimiyasu Murayoshi from HJK International Inc. The seller's representatives were Aida Memary, Filip Niculete, and Glen Scher, who are part of the LAAA Team at Marcus & Millichap.