WESTMAC Commercial Brokerage Company has completed the sale of a two-story property located at 1231 4th Street in Santa Monica for $3,044,250. The property, situated in the heart of downtown Santa Monica and one block from the Third Street Promenade, represents a strategic real estate transaction in a prime urban location.
The 6,270-square-foot building, previously functioning as a yoga studio, was sold to an owner-user and features high ceilings, multiple office spaces, and rear parking. The sale demonstrates the ongoing demand for versatile commercial properties in desirable urban centers.
T.C. Macker, a principal at WESTMAC, emphasized the transaction's potential to bring new energy to the neighborhood. The brokerage team, including T.C. Macker, Willa McNamarra Fields, Mike Rago, Woody Cook, and Colin Fields, represented the seller, while Grant La Spada and David Toomey of Cushman & Wakefield represented the buyer.
This sale underscores the continued vitality of Santa Monica's commercial real estate market, highlighting opportunities for property reimagination and investment in one of California's most dynamic urban environments.
