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 …
Local Artist Calls for Public Support to Save Environmental Art Installation from Destruction
“Twilight and Yearning” an environmental art installation by sculptor Manfred Müller has sat under the pier for over 20 years and now is set to be decommissioned by the City. Video brought to you by […]
Los Angeles Could Join Santa Monica in Legalizing ‘Urban Beekeeping’:
A proposal to allow backyard beekeeping in Los Angeles cleared a major hurdle Wednesday, with the Los Angeles City Council instructing city attorneys prepare a final ordinance to allow the activity. The bulk of the […]
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
