Updated Jan 13, 2025
Marcus & Millichap Sells 18-Unit Multifamily Complex In San Francisco For $5.68M
395 Euclid Avenue
$5,675,000
Units
18
Asset Type
MultiFamily
Closing
May 30, 2024
About this deal
AI
The 18-unit apartment complex located at 395 Euclid Ave. in San Francisco was sold for $5,675,000. The property, situated in the Laurel Heights neighborhood, features a bonus vacant non-conforming unit. The transaction was facilitated by Endri Hoxha and Philip Batlin from Marcus & Millichap.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,675,000
- Units: 18
- Price Per Unit: $315,278
- Address: 395 Euclid Avenue, San Francisco
- Market: San Francisco
Marcus & Millichap's San Francisco office oversaw the deal, marking the property's first market appearance in over four decades. The sale was finalized by Philip Batlin, first VP investments, and Endri Hoxha, investment associate, representing the seller, an individual trust, and procuring the buyer, a limited liability company.
On the Map
$5,675,000
MultiFamily
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San Francisco MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.80%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93