Levin Johnston Of Marcus & Millichap Sells Santa Clara, Mountain View, San Carlos, San Mateo, Redwood City & Oakland Multifamily Portfolio For $18.86M

A multifamily property transaction has been successfully closed in Santa Clara, Mountain View, San Carlos, San Mateo, Redwood City, and Oakland. The property consists of six buildings located at 454 Paula Court, 360 Chiquita Avenue, 1150 Greenwood Avenue, 317 Elm Street, 903 Adams Street, and 3719 Emerson Street.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $18,860,000
• Market: Santa Clara, Mountain View, San Carlos, San Mateo, Redwood City, Oakland

The broker responsible for this transaction is Robert Johnston from Levin Johnston - Marcus & Millichap. This deal adds to Levin Johnston's successful track record in closing Bay Area multifamily transactions, with a total value exceeding $19 million. Despite the challenges posed by high interest rates, this transaction is a testament to the region's potential for long-term investments and robust returns.