Updated Oct 14, 2026
Philippe Chicha Acquires Retail Property At 2926 Main Street From Lillian Zacky For $1.975M
2926 Main Street
$1,975,000
$1,161/SF
Building Size
1,700 SF
Asset Type
Retail
Closing
Dec 9, 2025
About this deal
AI
The retail asset located at 2926 Main Street in Santa Monica has been sold for $1,975,000. The property encompasses 1,700 square feet, resulting in a price per square foot of $1,161.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,975,000
- Address: 2926 Main Street
- Market: Santa Monica
- Square Footage: 1,700
- Price Per Square Foot: $1,161
- Buyer: Philippe Chicha
- Seller: Lillian Zacky
- Brokers: Brandon Michaels & Emin Gabrimasshih - Marcus & Millichap
Brandon Michaels and Emin Gabrimasshih represented the seller, Lillian Zacky, in this transaction. Their involvement facilitated the sale of the retail property to the buyer, Philippe Chicha.
On the Map
$1,975,000
$1,161/SF
Retail
View full map
Players
Santa Monica Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Brandon Michaels to view all their deals.
Browse Santa Monica retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.03%
Cash-on-Cash
-2.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93