Levin Johnston Facilitates $25.38M Multifamily Sale In Livermore, California For Private Investor
1054 Dolores Street & 3819 East Avenue
$25,375,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 15, 2026
AI
The transaction involved a multifamily asset consisting of 84 units located at 1054 Dolores Street & 3819 East Avenue in Livermore, California. The sale price was $25,375,000, resulting in a price per unit of $302,083.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $25,375,000
- Units: 84
- Price Per Unit: $302,083
- Market: Livermore, CA
- Sale Date: 06/15/2026
- Broker Representation: Robert Johnston & Adam Levin - Levin Johnston
- Associated Firm: Marcus & Millichap
Levin Johnston, affiliated with Marcus & Millichap, facilitated a 1031 exchange for a private investor, which included selling the 20-unit Pacific Apartments for $5.625 million and acquiring the 64-unit Briarwood Apartments for $19.75 million. This transaction marked a significant increase in scale and unit count for the investor while maintaining their position within the same East Bay submarket.
Players
Livermore 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
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93