Isaac Chen Acquires Santa Monica Office Building On 14th Street For $9.3M

Located at 1754 14th Street in the thriving market of Santa Monica, this office property was recently sold in a closed transaction. The asset spans over 10,000 square feet, offering ample space for the new owner's potential business endeavors. The sale price for this property was $9,300,000, resulting in a price per square foot (PPSF) of $930.

Summary of transation details

• Property Type: Office
• Transaction Amount: $9,300,000

The buyer of this property was Isaac Chen, who acquired a partial-interest amounting to 47% of the whole value. The seller, Jessica Goodman, facilitated the sale of the property. The transaction was successfully closed with the assistance of Brad McCoy and David Wilson from Lee & Associates, who represented both parties involved in the deal.