Featured
14 Units | $3,850,000
The Stacks, a remarkable 14-unit apartment building, is situated in downtown San Jose in the heart of the Silicon Valley. The property, located at 617 S 9th St., is comprised of 12 studio units and two, one-bedroom/ one-bathroom units. Over the last 5 years the property has been extensively renovated both on the interior and exterior.
96 Units | $36,250,000
Victorian Square’s attractive Silicon Valley location, extremely favorable feeder schools, and the boutique nature of the community, coupled with rent levels at recently renovated and newer vintage communities in the area, make it an ideal candidate for a comprehensive renovation program.
32 Units | $4,400,000
The Azucena Group of Marcus & Millichap has been selected to exclusively market for sale Salmon Run, an exciting apartment redevelopment opportunity, located at 2325 Clayton Road in Concord, CA. The subject property will be delivered fully-entitled and permit ready for the construction of 32 apartment units consisting of four studios and 28 one-bedroom/ one-bathroom units. The improvements include podium garage parking and what will be two levels of residential units above. Originally built-in 1989, the three-story building consists of 26,540 square feet of office space and resides on a 21,736 square foot lot. The total net rentable area after the conversion will approximately 21,651 square feet with the average unit size totaling 676 square feet. The plans include community features with key fob access secured entryways, reception and lobby area, lounge, fitness center, 3,450 square foot rooftop deck surrounded by a tempered glass railing, views of Mt. Tamalpais and furnished with tables and chairs, fire pits, and barbecues.
10 Units | $4,235,000
1465 Apartment Homes is a ten unit apartment building located in the affluent East Bay city of Walnut Creek, CA. The appeal of this rare investment is driven by its incredible downtown location, proximity to top national employers, excellent transit orientation and exemplary school district. 1465 Apartment Homes is also located immediately adjacent to the downtown area of Walnut Creek allowing its residents to benefit from an abundance of upscale dining, retail and lifestyle options that are literally steps away from the property.
21 Units | $8,600,000
City View Apartments is a twenty unit apartment building located in the affluent East Bay city of Walnut Creek, CA. The appeal of this rare investment is driven by its incredible downtown location, proximity to top national employers, excellent transit orientation and exemplary school district. City View Apartments is also directly located in the downtown area of Walnut Creek allowing its residents to benefit from an abundance of upscale dining, retail and lifestyle options that are literally steps away from the property.
57 Units | $13,751,500
Built in two phases in 1961 and 1987, Alpine Vista offers a mix of well-designed one and two bedroom units with open floor plans. It is a true value-add opportunity for a new owner as the reposition is well underway. In the last 18 months, the property has undergone significant improvements including a modern exterior paint scheme, new signage, a remodeled leasing office and picnic area. The Alpine Vista apartments are well positioned for future rent growth given the asset’s central location within the region and incredibly strong market fundamentals including the perpetual housing constraints in the area.
27 Units | $9,350,000
Crystal Lake Apartments is a beautiful hilltop, 27 unit apartment building located in Millbrae, California. The property boasts close proximity to several of the Bay Area's top employers such as Oracle, Electronic Arts, Gilead Sciences and Genentech. Additionally, just 14 miles north is the massive economic and employment center of the City of San Francisco. The property’s location allows for convenient commutes to job centers throughout the region with direct access to Interstate 280 and 380 and Highway 101. Just south of the property along 280 is state route 92 (San Mateo Bridge) which provides a thoroughfare to employment centers in the East Bay. Millbrae also has the southern most BART station on the Peninsula, where SamTrans and Caltrain also converge to offer public transit options to the businesses and residents of Millbrae and the surrounding communities. The property is also just a few minutes away from San Francisco International Airport.
12 Units | $4,450.000
Constructed in 1958, the Ebener Apartments consists an eight-unit building and a four-unit building on two parcels totaling 14,605 square feet of land. The unit mix includes three two-bedroom/one-bath units and nine one-bedroom/one-bath units. The total square footage of the two buildings is 10,709 square feet per county records. Each unit has their own carport and storage. In addition, there is an on-site laundry facility that produces extra income.
10 Units | $5,000,000
Surf View in Pacifica presents the opportunity to acquire a ten (10) unit apartment building nestled in the hills of Pacifica. The Property: The property consists of wood framed structure, built in 1961, with a unit mix of two 1-bedrooms units, six 2-bedroom units and two 3-bedroom units. The flat mineral coating roof was replaced five years ago. There are two tandem carport parking spaces per unit, with only one unit above the carports and the majority of the building built on grade with a concrete slab. On-site amenities feature a newly remodeled laundry room and a large courtyard. Unlike other Peninsula cities, development of new multi-family rental units in Pacifica is extremely restricted. Due to constrained supply, the outlook for existing apartments units in Pacifica is strong. The ratio of home owners vs. renters is 80:20 in favor of property owners. Average household income within a three mile radius is $143,000, and many of the residents commute to the city of San Francisco.
10 Units | $4,029,300
This property was built in 1974 and consists of 7,382 square feet (per county assessor) of living space on a 15,732 square foot lot (per county assessor). The building contains ten units, offering an investor nine one-bedroom/one-bath units and one two-bedroom/two-bath unit. The building is a true pride of ownership property. Each unit is well maintained and some include upgrades such as granite counter tops, new appliances, and new cabinets. All units come with a private balcony or patio, and all units have built in air conditioning units. The exterior features new dual pane windows, new copper piping, new gutters, new exterior paint, a new water heater, mature landscaping and ample parking (16 spaces). Additionally, a new owner will have the option to capture immediate upside with 21 percent rent increases on seven out of ten units.
12 Units | $657,500
Laramie Lane Apartments is a 12-unit apartment community comprised entirely of 2-bedroom 1-bath units that are 850 square feet. The two-story, garden style building was constructed in 1950 and the majority of the units have been updated since 2012. Nestled on a private drive in a residential neighborhood, the property provides a comfortable, private setting.
Laramie Lane residents enjoy easy access to Highways 160, 80, 50, and Business 80 allow residents to access major employment centers across Sacramento while being only minutes from burgeoning Arden Fair Mall. The property is also located 3.7 miles from the CSU Sacramento main entrance.
186 Units | $52,000,000
Woodchase Apartment Homes is a 186-unit gated multifamily community located in the San Francisco Bay Area city of San Leandro. The property was constructed in 1976 and features four distinctive studio, one-, and two-bedroom floor plans with a weighted average unit size of approximately 694 square feet. The community features 93 loft-style apartment homes with sections of 19-foot vaulted ceilings. The property is nestled in groves of redwood trees and accentuated by a comprehensive amenity package including a modern fitness center, swimming pool and spa, two laundry facilities, contemporary leasing office and garage parking. Standard apartment features include a fully equipped kitchen with black appliances, a breakfast bar, large private balcony or patio, ceiling fans, and fireplaces in select units.
13 units | $4,532,657
4850 Muir Ave in San Diego is a 13-unit apartment complex located in the scenic community of Ocean Beach. The property was built in 1969 and features an ideal unit-mix of two 2-bedroom/2-bath units, three 2-bedroom/1-bath units, and eight 1-bedroom/1-bath units. Ocean Beach is a buzzing community with large, well known community events. Events include weekly farmers markets, restaurant walk, 4th of July, Oktoberfest and the annual Street Fair and Chili Cook-out, Ocean Beach is one of San Diego’s most community oriented beach neighborhoods.
20 Units | $5,600,000
Laurel Place Apartments was built in 1963 and is wood frame construction with predominantly stucco exteriors, a flat roof and a private patio and/or balcony for most units. The unit mix consists of 12, two bedroom one bath townhouse style units and eight, one bedroom one bath spacious flats. The fencing surrounding the units was recently replaced and the building was recently painted. The property features one covered carport parking space per unit and an additional five, uncovered open spaces. The property has an on-site laundry room with a debit card swipe system to provide the owner with additional income.
11 units | $5,100,000
54 9th Avenue is an 11 unit apartment building located in downtown San Mateo. The property sits on a 13,830 sf lot and has 10,731 square feet of living space. The unit mix consists of 1 non-conforming studio, (4) 1 bed 1 bath and (6) 2 bed bath units. The porepty is located 3 blocks from the heart of downtown San Mateo with its abundant dining, retail and entertainment options. The property is well-maintained although it has not had significant upgrades in many years. This gives the new owner an opportunity to renovate the units for a significant increase of pro forma market rents.
20 Units | $1,850,000
Hall Street is in a quiet residential neighborhood less than one mile from College of the Sequoias. The location is right off Main Street and provides easy access to Highways 99 and 168. The property is within one mile of large, grocery-anchored shopping centers as well as restaurants and small retail stores.
This is a great opportunity to purchase a newer building with low vacancy, in a great location, with strong cash flow.
48 Units | $12,139,000
The Arlington is a well-maintained 48 unit apartment building located in Redwood City in the heart of the San Francisco Bay Area. The property boasts close proximity to key employers, major freeways, public transportation, award-winning schools, expansive retail and an abundance of open space and recreational outlets. Redwood City is approximately 28 miles south of downtown San Francisco and 23 miles north of San Jose, allowing easy access to both metropolitan cities. Additionally, downtown Redwood City has become an entertainment center for the Peninsula with extensive shopping, entertainment and social events.
10 Units | $1,767,000
The subject property located at Dunster Drive in Campbell, California was built in 1958 and consists of 6,624 square feet of living space on an 13,464 square foot lot. The asset consists of ten units offering an investor a unit mix of five one-bedroom and one-bath and five two-bedroom and one-bath units. This unique opportunity is located directly across the street from the Campbell Community Center and a short walking distance from Downtown Campbell.
12 Units | $1,625,000
The property is a 12-unit apartment building totaling approximately 7,620 gross square feet, per property tax records. The subject property was built in 1957 and features four two-bedroom/one-baths and eight one-bedroom/one-baths units. Each of the units have individual gas and electric meters. The building is constructed of wood framing with stucco exteriors. The roof is sloped composition shingle and the parking surface is concrete and asphalt. There are a total of nine parking spaces, five covered and four uncovered.
137 units | $46,000,000
Built in 1973, Meritage is situated within a park-like setting, on approximately 6.8 acres with beautifully landscaped courtyards and walking paths. The community features a fitness center, resort-style swimming pool with furnished sundecks, two laundry rooms with a card swipe system, outdoor grilling area with picnic benches, a children’s play structure and covered parking. The property boasts a diverse unit mix of large one-, two- and three-bedroom homes with an average unit size of 816 square feet. Seventy-one percent of the unit mix consist of two- and three-bedroom homes. The units feature fully equipped kitchens with stainless steel appliances, granite countertops, a spacious patio or balcony, individual heating and air conditioning, walk-in closets in select units, and an illuminated ceiling fan in a separate dining area. In-home laundry has been incorporated into all of the 17 townhome units.
14 Units | $2,770,000
This property at South 9th Street is a 14 unit building located in the Downtown area of San Jose, California. It consists of two one-bedroom/one-bath units and 12 studio units. The property is situated a mere two blocks from the campus of San Jose State University. Additionally, being located in the "Capital" of the Silicon Valley, the property is in an area that is dense with major employers, retail options and lifestyle conveniences all within walking distance.
34 Units | $13,000,000
Towle Townhomes is a nine unit apartment building located in Palo Alto, one of the most desirable cities in the heart of the San Francisco Bay Area. The property is in close proximity to major employers including Stanford University, Hewlett-Packard (HP), VMware and Tesla Motors. It has also served as an incubator to several other high technology companies over the years such as Apple Inc., Google, Facebook, and PayPal. Less than two short miles away is Stanford Business Park with over 140 different companies and 23,000 employees.
34 Units | $13,000,000
Towle Townhomes is a nine unit apartment building located in Palo Alto, one of the most desirable cities in the heart of the San Francisco Bay Area. The property is in close proximity to major employers including Stanford University, Hewlett-Packard (HP), VMware and Tesla Motors. It has also served as an incubator to several other high technology companies over the years such as Apple Inc., Google, Facebook, and PayPal. Less than two short miles away is Stanford Business Park with over 140 different companies and 23,000 employees.
12 units | $4,500,000
735-739 North Amphlett in San Mateo is a twelve-unit multi-family property built in 1958 and sits on 0.20-acre parcel of land. The building contains 9,172 square feet of living space, offering tenants one and two-bedroom floor plans. The twelve units are as follows: Two two-bedroom/one-bath units with approximately 1,001 square feet of living space and ten one-bedroom/one-bath units with approximately 717 square feet of living space. The property is in the culturally vibrant and economically prosperous city of San Mateo, the midpoint between San Francisco and Silicon Valley. The two-story building offers a desirable unit mix featuring one and two bedroom apartments. Since 2013 the property has undergone improvements totaling approximately $120,000.
42 Units | $23,700,00
Truly rare opportunity to acquire a newly constructed, Mediterranean-Inspired luxury condominium community in one of the most supply constrained markets in the nation.
10 Units | $2,525,000
The ten-unit apartment building was built in 1963 and has a gross livable area of 6,837 total square feet. The property boasts an excellent unit mix of (2) two bedroom/ one bath units and (8) one bedroom/one bath units. The property offers on-site laundry and lies on a 14,810-square foot lot.