Marcus & Millichap Sells 6-Unit Multifamily Property In Santa Monica For $4.4M

The multifamily property located at 852 17th Street in Santa Monica has been sold. The transaction was facilitated by Tony Azzi and Rabbie Banafsheha from Marcus & Millichap. The property consists of 6 units with a total square footage of 7,908. The sale price for the property was $4,389,500, resulting in a price per unit of $731,583 and a price per square foot of $555.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,389,500
• Units: 6
• Price per Unit: $731,583
• Square Footage: 7,908
• Price per Square Foot: $555
• Address: 852 17th Street, Santa Monica
• Market: Santa Monica

Throughout the transaction, Tony Azzi and Rabbie Banafsheha represented the parties involved in the deal. Their expertise from Marcus & Millichap contributed to the successful closing of this multifamily property sale in Santa Monica.