Updated Dec 19, 2023
Kevin Brulian Acquires Multifamily Property In Santa Monica For $7.5M
810 20th Street, Santa Monica, California 90403, United States
$7,500,000
$482/SF
Building Size
15,554 SF
Asset Type
MultiFamily
Closing
Mar 16, 2022
About this deal
AI
The multifamily property located at 810 20th St. in Santa Monica has been sold. The transaction was completed on March 17, 2022, and the sale was facilitated by Jonathan Taksa from Taksa Investment Group.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $7,500,000
- Number of Units: 10
- Price per Unit: $750,000
- Total Square Footage: 15,554
- Price per Square Foot: $482
- Address: 810 20th St., Santa Monica
- Market: Santa Monica
The buyer in this transaction is Kevin Brulian, while Lori Michaels is the seller. Jonathan Taksa, representing Taksa Investment Group, served as the broker in this deal.
Santa Monica MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jonathan (Jon) Taksa to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93