San Francisco 5+ Unit Multifamily Update - Q3 2021
The 3rd Quarter has come to an end and, from our perspective, there are many positive signs for the San Francisco multifamily market. Sales activity has recovered to healthy levels with two consecutive quarters of 40 transactions compared to a low of 17 in the 2nd quarter of 2020. The previous 5-year high was 47 transactions, set in the 3rd quarter of 2019. Rents continue to rebound, 50% of people who lost their jobs have regained them, and buyer demand remains steady.
This newsletter provides you with multifamily market research, guidance, and opportunities in the San Francisco Bay Area. Contact us with any questions regarding current market conditions.
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Featured LL CRE Group Listings
932 Cabrillo Street
San Francisco, CA
6-Unit Multifamily for Sale
$3,150,000
901 Kearny Street
San Francisco, CA
50-Unit Mixed-use for Sale
$6,350,000
1723-1727 Stockton Street
San Francisco, CA
6-Unit Multifamily for Sale
$3,250,000
Recent LL CRE Group Transactions
3525 Lyon Street
Oakland, CA
102-Unit Multifamily
966-990 B Street
Hayward, CA
Mixed-Use Development Site
Starbucks
Marshall, TX
Net-Leased Retail | 1031 Exchange
Contact Us for More Information
Brian Leung
Senior Vice President
(O) 415.278.7838
Brian@LL-CRE.com
CA License No. 01203473
Jeremy Lee
Senior Vice President
(O) 415.988.9719
Jeremy@LL-CRE.com
CA License No. 01951309
Kevin Velotta
Vice President
(O) 562.822.8717
kevin@ll-cre.com
CA License No. 01945129