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Vintage Apartment Building in San Francisco Trades for $29.8M

The community was built in 1928 and features steel-frame and brick-infill construction on a concrete foundation.

The community was built in 1928 and features steel-frame and brick-infill construction on a concrete foundation.

SAN FRANCISCO — An anonymous buyer has acquired a 50-unit apartment building in San Francisco for $29.8 million The asset is located at 1755 Van Ness Ave.

The community was built in 1928 and features steel-frame and brick-infill construction on a concrete foundation. It also contains two ground-floor retail units. Architect Albert H. Larsen designed the property.

Union Bank’s Trust Department represented the building owner. James Devincenti and Brad Lagomarsino of Colliers International executed the transaction.

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