San Francisco Luxury Apartment Building Sells for $31.8M

by Nellie Day

SAN FRANCISCO — An unnamed buyer has acquired a 38-unit apartment building in San Francisco for $31.8 million. The community is located at 2201 Pacific Ave.

Edward E. Young designed the property, which features a Spanish Colonial-themed lobby with a vaulted wood ceiling and gold and copper leaf design.

James Devincenti and Brad Lagomarsino of Colliers International arranged the sale on behalf of Union Bank’s Trust Department, which represents the buildings’ outgoing ownership entity.

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