Redcar Ltd Acquires Santa Monica Office At 1657 Euclid Street For $7.45M

Located at 1657 Euclid Street in Santa Monica, this office property has been sold in a recent transaction. The property, spanning 5,000 square feet, was purchased by Redcar Ltd for a total price of $7,450,000. With a price per square foot of $1,490, this transaction showcases the value and potential of this prime office space.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $7,450,000
• Address: 1657 Euclid Street
• Market: Santa Monica

Representing the buyer, Redcar Ltd, is Jim Jacobsen, while Scott Rigsby and Richard Maloof from Industry Partners acted as their representatives in the deal. The seller, David Zander, was represented by George Wilson, David Wilson, and Brad McCoy from Lee & Associates West LA Inc. This diverse group of individuals and companies played key roles in ensuring the successful completion of the transaction.