Iconic Closes Beverley Apartments

 Iconic Closes Beverley Apartments

Iconic is pleased to announce the sale of Beverley Apartments in Santa Monica. The property sold for $8.500.000 which equates to $472,000 per unit, $418 per square foot and a 19.05 GRM. The seller was the original developer who has owned the property for 57+.

Iconic Closes St Andrews Apartments

Iconic Closes St Andrews Apartments

Iconic is pleased to announce the sale of St Andrews Apartments in Koreatown. The property sold at $6,235,000 which equates to $283,409 per unit, $333 per square foot and a 16.26 GRM. In addition to the purchase price the buyer was responsible to complete the earthquake retrofit work in excess of $350,000.