Eric von Bluecher just closed 947 5th Street, Santa Monica, California 90403 for $2,800,000, representing the buyer, a repeat client. The acquisition matched his clients investment criteria and willingness to take on a full remodel to reposition this well located multifamily asset in Santa Monica’s north of Wilshire neighborhood. The apartment building was listed for sale for $3,550,000 in January 2018 and was in escrow several times. Eric’s relationship with the listing agent along with the buyer’s aggressive terms helped win the deal. After a few bumps in the road, several attempts to go under contract and few challenges throughout escrow that nearly torpedoed the deal, both sides were able to succeed in getting the deal done.
Call Eric von Bluecher today to discuss your apartment building portfolio 858-771-2559 or click here for your Free Building Evaluation.
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Eric von Bluecher
12780 High Bluff Dr #130, San Diego, CA 92130