Private Investor Acquires Alhambra Apartments in San Francisco

Private Investor Acquires Alhambra Apartments in San Francisco
Private Investor Acquires Alhambra Apartments in San Francisco

### San Francisco’s Alhambra Apartments Sold for $7.25M

Marcus & Millichap has arranged the sale of the Alhambra Apartments, a 41-unit property located at 860 Geary St. in San Francisco. The property was sold for $7,250,000.

Sanford Skeie, Senior Vice President of Investments, and Gino Franco, First Vice President of Investments, both from Marcus & Millichap’s San Francisco office, represented the private seller in the transaction. The buyer, a private investor, was represented by Chris Lamas of Urban Capital of San Francisco.

“Designed and built by James Francis Dunn and Daniel Kearns in 1913, the Alhambra Apartments feature an Art Deco/Arabesque architectural style, inspired by the Alhambra palace in Spain,” said Skeie. “Dunn was known for designing notable buildings in the city, including the Chambord and the Alhambra apartment complex, which are recognized for their unique, ornamental designs.”

The building’s most famous tenant was silent film star Rudolph Valentino, who used the penthouse and dome as his San Francisco retreat, providing a getaway from Hollywood’s spotlight.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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