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JLL Brokers Peter Yorck & Nick Lavin Sell Santa Monica Multifamily For $7.2M

1233 Franklin Street
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This MultiFamily property located in CA was sold for $7,200,000 about 2 years ago. The brokers of the deal were Peter Yorck and Nick Lavin

The multifamily property located at 1233 Franklin St. in Santa Monica has been sold at a price of $7,200,000. The transaction took place on March 10, 2022. The property consists of 8 units with a price per unit of $900,000. The total square footage of the property is 10,567, with a price per square foot of $681.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $7,200,000
  • Address: 1233 Franklin St.
  • Market: Santa Monica
  • Units: 8
  • Price per Unit: $900,000
  • Square Footage: 10,567
  • Price per Square Foot: $681

The sale of the property was facilitated by Peter Yorck and Nick Lavin from JLL. They acted as the brokers in the deal, representing the buyer and seller. Their expertise and negotiation skills played a crucial role in the successful completion of the transaction.

View Related

Deals
  • Location
    1233 Franklin Street, Santa Monica, California 90404, United States1233 Franklin Street, Santa Monica, California 90404, United States
  • Sale Price
    $7,200,000$7,200,000
    $681 PPSF$681 PPSF
  • Area
    10,567 SF10,567 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Peter Yorck

Peter Yorck

Deals8
Sold$881.6M

Nick Lavin

Nick Lavin

Deals7
Sold$633.6M

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

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Deal Summary

SALE IMAGE: Peter Yorck & Nick Lavin DATE: 03/10/2022 ADDRESS: 1233 Franklin St. MARKET: Santa Monica ASSET TYPE: Multifamily BROKERS: Peter Yorck (@TheYorcks) & Nick Lavin - JLL (@JLL) SALE PRICE: $7,200,000 UNITS: 8 ~ PPU: $900,000 SF: 10,567 ~ PPSF: $681

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1233 Franklin Street

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