Marcus & Millichap brokers USD 6.65 million sale of 28-unit San Francisco multifamily property

Marcus & Millichap, Inc.

Marcus & Millichap, Inc.

MMI

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  • Marcus & Millichap arranged the USD 6.65 million sale of a 28-unit multifamily property at 1275-1281 8th Ave. in San Francisco.
  • The asset sold for USD 237,500 per unit; the property had been fire-damaged and awaiting rehabilitation since 2023.
  • A local value-add investor bought the property; the buyer plans to fully rehabilitate all 28 units.


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