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Levin Johnston Negotiates $12.5M Sale of Multifamily Property in San Jose

First-Street-Manor-San-Jose-CA

First Street Manor in downtown San Jose, Calif., features 39 apartment units.

SAN JOSE, CALIF. —Levin Johnston, a division of Marcus & Millichap, has arranged the sale of First Street Manor, a multifamily property located 523-530 N. First St. in downtown San Jose. A private investor acquired the property for $12.5 million.

Situated near Google’s newest proposed tech campus, Google Village, the property features 39 apartment units. The buyer plans to perform full façade upgrades to the asset in order to rebrand the property and improve its overall value.

Adam Levin and Robert Johnston of Levin Johnston represented the buyer and the seller, a private investor, in the transaction.

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