JSM Construction, a Santa Monica-based apartment developer, will build a 46-unit apartment building on a 15,000 square site at 626 Broadway in Santa Monica, which it has just bought for $5 million.The seller was a Long Beach-based private investor. Joseph Gabbaian, Senior Vice President with the Grubb & Ellis West Los Angeles office, represented both the buyer and the seller in the transaction.
You might be interested in …
Five-Year-Old Santa Monica Whale Meat Case Ends With Final Prosecution:
A seafood dealer was sentenced Friday to two years of probation for importing and selling endangered whale meat from Tokyo to a now-shuttered Santa Monica restaurant. Ginichi Ohira, 54, was the final defendant to be […]
Marina del Rey Beach Gets Clean Bill of Health:
A major spill closed two-miles of beach known as “The Strand” near Marina del Rey dumping about 500,000 gallons of raw sewage into Ballona creek that empties into the ocean, according to authorities. The coastline […]
What to Know About Santa Monica’s $3.5M ‘Restorative Justice Program’ (Video)
The City Council unanimously launched a $3.5 million Restorative Justice Program — one of the largest locally funded efforts of...
Read more
Malibu Oceanfront Lot with Rebuild Potential Listed for $1.9M
Buyers can rebuild under Malibu’s Fast Track Rebuild Program, with potential for up to 3,433 square feet of livable space,...
Read more
