SOLD
Leo Pustilnikov Acquires Retail Property In Santa Monica From Herbert Lundin For $24.5M
1241-1251 3rd Street
Retail
15,000 SF
15,000 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Retail
15,000 sqft
The retail property located at 1241-1251 3rd Street in Santa Monica has been sold. The transaction was facilitated by Richard J. Ringer, a broker representing both the buyer and the seller. The property spans 15,000 square feet and was sold for a total price of $24,531,000, resulting in a price per square foot of $1,692.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $24,531,000
- Date: 06/28/2021
- Address: 1241-1251 3rd Street, Santa Monica
- Market: Santa Monica
Leo Pustilnikov acted as the buyer in this transaction, while the seller was Herbert Lundin. Richard J. Ringer, a broker, represented both parties in the deal.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Richard J. Ringer
DATE: 06/28/2021
ADDRESS: 1241-1251 3rd Street
MARKET: Santa Monica
ASSET TYPE: Retail
BUYER: Leo Pustilnikov
SELLER: Herbert Lundin
BROKER: Richard J. Ringer (@RingerGroup)
SALE PRICE: $24,531,000
SF: 15,000 ~ PPSF: $1,692View on map
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Address1241-1251 3rd Street
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