SoldMultifamily
1060 20th St
Sold | $10.8M
Santa Monica, CA 90403 | Closed 1/5/2021
Property Highlights
19
Units
$566,579
Price / Unit
1968
Year Built
2021
Year Sold
7 Offers. Sold Above Expectations.
We listed 1060 20th Street and the response was immediate. Seven offers came in. The seller went into the process hoping for a certain number and came out the other side above it. That's what a real marketing strategy does. Nineteen units on 20th Street in Santa Monica, $566K per door, and the seller picked from seven competing buyers. She was happy. We were happy. Clean deal.
Transaction Highlights
- 7 competing offers generated through our marketing strategy
- Final price exceeded the seller's expectations
- $566K per unit. 19 units on 20th Street in Santa Monica.
- 19 units, strong rent roll, virtually no vacancy history
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