Just Closed: 920 Marine St.
𝗝𝘂𝘀𝘁 𝗖𝗹𝗼𝘀𝗲𝗱: 𝟰 𝗨𝗻𝗶𝘁𝘀 | 𝗦𝗮𝗻𝘁𝗮 𝗠𝗼𝗻𝗶𝗰𝗮 | $𝟭,𝟵𝟰𝟱,𝟬𝟬𝟬
𝗜𝗻𝘃𝗲𝘀𝘁 𝗜𝗻 𝗥𝗲𝘀𝘂𝗹𝘁𝘀 | 𝗔𝗱𝘃𝗮𝗻𝗰𝗶𝗻𝗴 𝗧𝗼𝗴𝗲𝘁𝗵𝗲𝗿 | 𝗚𝗿𝗼𝘄 𝗬𝗼𝘂𝗿 𝗟𝗲𝗴𝗮𝗰𝘆
Lucrum Real Estate Group of KW Commercial is thrilled to announce our latest closing of a 4-unit multifamily investment property in Santa Monica, CA.
Raymond A. Rodriguez represented the Seller and Buyer in this sale. The Seller sold this property as part of facilitating the down-leg to his 1031 Exchange and the Buyer acquired this property as part of his real estate investment growth plan for building a portfolio of value-added multifamily investment properties in high-barrier to entry and quality locations.
The Seller is a repeat client of Lucrum’s and a Legacy Partner having transacted multiple properties with our team. This was our first of many sales to come with the Buyer as we have a clear plan in place for securing more opportunities that fit his real estate business model.
Congrats to our valued clients on another smooth, timely, and successful closing! It has been a pleasure serving you. Thank you to EVERYONE who helped make this sale possible. On to the next one!