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2510 Pico Boulevard
SOLD

Emil Khodorkovsky's Forbix Acquires Santa Monica Car Wash & Detailing On Pico Boulevard For $7M

2510 Pico Boulevard

Retail
clock iconSold 100 days ago
Steve Serber
Sam Serber
Makan Mostafavi
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Summary

Sale
CALIFORNIA
Retail

Forbix, a nationwide real estate firm, acquired the Santa Monica Car Wash & Detailing property located at 2510 Pico Boulevard in Santa Monica, California. The property is a retail asset and was purchased for a total sale price of $7,000,000.

Summary of transaction details:

  • Property Type: Retail
  • Sale Price: $7,000,000
  • Address: 2510 Pico Boulevard
  • Market: Santa Monica

The acquisition was made by Forbix with the intention of transforming the property into a QuikWash location in Southern California. The car wash will operate as a hand car wash until the necessary construction permits are secured. The sale of the property was facilitated by MG Equities and Serber Capital, with Makan Mostafavi representing MG Equities and Sam Serber & Steve Serber representing Serber Capital.

Players

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    5

  • Agents

    3

  • Agencies

    2

Steve Serber's profile picture
Steve Serber
Serber Capital-image
$7M Sold
Sam Serber's profile picture
$7M Sold
Makan Mostafavi's profile picture

Details

Deal Summary
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SOLD
IMAGE: Emil Khodorkovsky DATE: 01/30/2024 ADDRESS: 2510 Pico Boulevard MARKET: Santa Monica ASSET TYPE: Retail BUYER: Emil Khodorkovsky - Forbix (@ForbixCapital) BROKERS: Makan Mostafavi - MG Equities; Sam Serber & Steve Serber - Serber Capital SALE PRICE: $7,000,000 NOTE: Forbix, a nationwide real estate firm, acquired Santa Monica Car Wash & Detailing to transform it into a QuikWash location in Southern California, adding to its portfolio of car washes. The acquisition, facilitated by a Forbix subsidiary, was brokered by MG Equities and Serber Capital, with plans for the property to operate as a hand car wash until construction permits are secured.

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Address2510 Pico Boulevard

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