Santa Monica, CA – A private seller has sold its Santa Monica property at 532 Colorado Avenue for $4,300,000 to an entertainment production company who plans to occupy the property for their own use.
“You can’t beat the location,” says T.C. Macker, CCIM. “It’s located on the corner of Colorado and 6th in Downtown Santa Monica within 1 block of the new Expo Terminus, which opened last month.” After receiving multiple offers, the seller was able to achieve $971 a square foot on a 4,424 SF building located on 6,225 square feet of land.
T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the Seller.