October 14, 2025 – Santa Monica, CA
Venway Real Estate has acquired an 11-unit multifamily property in Santa Monica for $4.435 million (approximately $403,000 per unit).
Originally built in 1963 and fully renovated in 2016, the property offers modern amenities including a controlled-access intercom system, off-street parking, in-unit washers and dryers, central air conditioning and heating, private balconies and patios, stainless steel appliances, breakfast bars, elfa closet systems, recessed lighting, and premium finishes throughout.
"This acquisition reflects our continued commitment to owning, developing, and managing high-quality multifamily assets in premier coastal markets."
— Brett Berns, Principal at Venway Real Estate
Founded in 2023, Venway Real Estate invests in and manages premier commercial real estate across Los Angeles and beyond. For more information, contact [email protected].