US 2025 Wilshire Owner LLC Acquires Retail Property In Santa Monica For $18.2M

Located at 2025 Wilshire Blvd. in Santa Monica, this retail property recently changed hands in a successful sale transaction. The asset, encompassing 4,485 square feet, was acquired by US 2025 Wilshire Owner LLC, represented by Michael Soronchinsky. The deal was finalized on March 10, 2021, for a total price of $18,182,926.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $18,182,926
• Address: 2025 Wilshire Blvd.
• Market: Santa Monica
• Buyer: US 2025 Wilshire Owner LLC - Michael Soronchinsky

The property, situated in the Santa Monica market, presents an attractive investment opportunity. With its prime location on Wilshire Blvd., the retail space spans 4,485 square feet and boasts a price per square foot of $4,054. This prominent acquisition adds another valuable asset to the portfolio of US 2025 Wilshire Owner LLC, with Michael Soronchinsky overseeing the deal as the buyer's representative.