Marcus & Millichap Sells Santa Monica Multifamily For $4.4M With Aida Memary, Filip Niculete, Glen Scher

An all-cash transaction for a multifamily property in Santa Monica has been successfully closed. The property, located at 1846 10th St, was sold for a total of $4,400,000. The transaction involved 10 units, resulting in a price per unit of $440,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,400,000
• Address: 1846 10th St, Santa Monica
• Market: Santa Monica
• Brokers: Aida Memary, Filip Niculete, Glen Scher – Marcus & Millichap @LAAATeam

The deal was facilitated by the Marcus & Millichap team, specifically Aida Memary, Filip Niculete, and Glen Scher from the LAAATeam. The transaction was completed within a 14-day escrow period, with due diligence conducted in just one day. The quick closing suggests a smooth and efficient process.

Overall, this closed transaction highlights the successful sale of a multifamily property in Santa Monica, showcasing the expertise and efficiency of the Aida Memary, Filip Niculete, and Glen Scher from Marcus & Millichap's LAAATeam.