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

Property Image
SOLD
$7,450,000
Scott Rigsby
George Wilson
+ 4

California

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Office5,000 SF
Sold 12/16/2021
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Property Image
SOLD

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

1657 Euclid Street, Santa Monica, CA 90404

See Similar Deals
Office5,000 SF
Sold 12/16/2021
Scott Rigsby
George Wilson
+ 4
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$1,490
Total Square Footage:5,000 SF
Transaction Type:Sale

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.

Players

Brad McCoy
44 deals$631.9M volume
BROKER

David (Dave) Wilson
Lee & Associates
34 deals$562M volume
BROKER

Scott Rigsby
Industry Partners
5 deals$52.8M volume
BROKER

George Wilson
Lee & Associates
15 deals$178.4M volume
BROKER

Richard Maloof
Industry Partners
8 deals$16.9M volume
BROKER

Jim Jacobsen
6 deals$94.9M volume
BUYER

David Zander
11 deals$261.1M volume
SELLER

Details

SOLD
IMAGE: George Wilson, Brad McCoy & David Wilson DATE: 12/16/2021 ADDRESS: 1657 Euclid Street MARKET: Santa Monica ASSET TYPE: Office BUYER: Redcar Ltd - Jim Jacobsen SELLER: David Zander BUYER'S REP: Scott Rigsby & Richard Maloof - Industry Partners SELLER’S REP: George Wilson (@OG_GeorgeWilson), David Wilson (@CreativeOffice365) & Brad McCoy (@BradfordMcCoy) - Lee & Associates West LA Inc. SALE PRICE: $7,450,000 SF: 5,000 ~ PPSF: $1,490

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