The Mountain Herald

Press Release

COLDWELL BANKER COMMERCIAL WESTMAC ARRANGES $3 MILLION SALE OF COMMERCIAL PROPERTY IN SANTA MONICA, CA

May 20
07:15 2017

SANTA MONICA, CA – 20 May, 2017 – The commercial building that housed Santa Monica’s Angels Attic, a museum for antique dollhouses, dolls, miniatures and toys, has been sold for $3,000,000, or $1,107 a square foot.

Built in 1895, the two-story freestanding Queen-Anne Victorian is in Downtown Santa Monica located at 516 Colorado Avenue. The 2,709-square foot building lies on 6,462-square feet of land, between 5th and 6th Street, less than a block from the Colorado and 7th Street Metro station.

The property was sold by the a family trust to a high-net worth investor.

“This sale was a rare opportunity and a chance to own part of Santa Monica history,” T.C. Macker, CCIM said. “The buyer saw the investment value and wanted to close as soon as possible.”

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

Media Contact
Company Name: Coldwell Banker Commercial WESTMAC
Contact Person: Jennifer Moscoso
Email: [email protected]
Country: United States
Website: www.westmac.com

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