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Stepp Commercial brokered the sale of a six-unit apartment property at 2206-2208 1/2 Ocean Park Blvd. in the Sunset Park area of Santa Monica for approximately $2.1M, or $337,500/unit. The property sold for a cap rate of 3.5%.
In 2022, we helped our clients find unique opportunities to exchange into higher returns. Our team was able to source… Read more »
First time property has been sold in 45 years/features 87% potential rental upside Stepp Commercial, a leading multifamily brokerage… Read more »
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.805 million portfolio sale of… Read more »