SOLD
The Goldfinger Group Acquires Multi Family Property In Santa Monica For $1.5M
724 Ashland Avenue
MultiFamily
3,898 SF
3,898 SF
Summary
Sale
CALIFORNIA
MultiFamily
3,898 sqft
The multi-family property located at 724 Ashland Ave in Santa Monica has been sold for $1,500,000. The property consists of multiple units and is situated in a desirable market.
Summary of transaction details:
- Property Type: Multi Family
- Transaction Amount: $1,500,000
- Price Per Unit (PPU): $375,000
- Price Per Square Foot (PPSF): $385
- Gross Rent Multiplier (GRM): 17.44
- Capitalization Rate (CAP): 3%
The seller of the property was the Hall Family Trust, and the buyer was the Goldfinger Group. Coldwell Banker Residential Brokerage, represented by Kate Bransfield, facilitated the transaction. Chris Shahinian from Central Realty Advisors served as the buyer's agent.
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3
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Details
SOLD
IMAGE: Maxx Feldman and Chris Shahinian
DATE: 11/28/2018
ADDRESS: 724 Ashland Ave
MARKET: Santa Monica
ASSET TYPE: Multi Family
PRICE: $1,500,000
PPU: $375,000
PPSF: $385
GRM: 17.44
CAP: 3%
SELLER: Hall Family Trust
BUYER: @TheGoldfingerGroup
BROKERS: Coldwell Banker Residential Brokerage - Kate Bransfield
BUYER'S AGENT: Central Realty Advisors - Chris ShahinianView on map
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Address724 Ashland Avenue
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