Commercial Real Estate

Just Sold in Santa Monica for $7.2M


Santa Monica, CA – A private seller has sold a two-story medical office building in an off-market sale for $7,200,000.

Located across the street from Santa Monica’s Providence St. John’s Health Center, the 14,000- square foot lot at 2216 Santa Monica Boulevard was purchased by an owner-user buyer. The buyer plans to occupy the first floor of the 5,296-square foot building.

“The property sold at $1,359 per square foot.” T.C. Macker, CCIM said. “This is the highest sales comp for a medical building in Santa Monica.”

T.C. Macker, CCIM of Coldwell Banker Commercial WESTMAC represented the Seller.

Mike Rago, Barry Beitler and Willa McNamara-Fields of Beitler Commercial represented the Buyer.

#114 2216 Santa Monica Blvd $7.2M
Santa Monica, CA

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