Levin Johnston Negotiates $13.6M Acquisition of Multifamily Community in Redwood City, California
REDWOOD CITY, CALIF. — Levin Johnston, a division of Marcus & Millichap, has arranged the purchase of 10 Birch, a multifamily property located at 10 Birch St. in the Mount Carmel neighborhood of Redwood City. A private investor acquired the property for $13.6 million from another private investor, which was the long-time owner of the property.
The buyer plans to renovate the exterior of the property, as well as execute a full interior remodel on each of the 27 apartment units.
Adam Levin and Robert Johnston of Levin Johnston represented the buyer in the transaction.