SAN FRANCISCO, CA, December 21, 2018 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of 3312-3326 26th Street, a 9-unit apartment property located in San Francisco, CA, according to Ramon Kochavi, regional manager of the firm’s San Francisco office. The asset sold for $3,075,000.
Daniel McGivern and Nick Bonn, investment specialists in Marcus & Millichap’s San Francisco office, had the exclusive listing to market the property on behalf of the seller, a private investor.
The subject property is located just off South Van Ness Avenue in the Inner Mission District of San Francisco, CA. The apartment building, comprised of nine 2 bedroom apartment units, was fully occupied at the time of sale.
About Marcus & Millichap (NYSE: MMI)
With over 1,800 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 9,000 transactions in 2017 with a value of approximately $42.2 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com