Santa Monica Property Sells for $7 Million, Potential Apartment Development on Horizon

Santa Monica Property Sells for $7 Million, Potential Apartment Development on Horizon

WESTMAC Commercial Brokerage Company has successfully arranged the sale of a prominent office property located at 3205 Ocean Park Boulevard in Santa Monica, California, for $7 million. The transaction involves a 16,700 square foot office building situated on a 25,622 square foot lot, strategically positioned north of Santa Monica Airport with convenient access to the 10 Freeway. The property was sold to a developer with active interests in the r…

Get Out of the Way and Build: How Santa Monica Can Lower Housing Costs

Santa Monica residents know the harsh reality of our housing crisis all too well. As rents continue to climb and home ownership slips further out of reach for many, we’re left competing for a severely limited housing stock with minimal new inventory being added each year. The consequences are clear: growing homelessness, persistent segregation, long […] The post Get Out of the Way and Build: How Santa Monica Can Lower Housing Costs first appeare…