Tuesday, February 15, 2022

Levin Johnston completes $23 million sale of 62-unit multifamily community in Alameda County, CA

 Mosaic Apartments, a 62-unit apartment community
at 19972 Stanton Avenue, Castro Valley, CA.
 

CASTRO VALLEY, CA, Feb. 15, 2022– Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, announces its most recent multifamily transaction.

 Mosaic Apartments, a 62-unit apartment community at 19972 Stanton Avenue, Castro Valley, CA, was sold.  Castro Valley is  an unincorporated community  in Alameda County, CA, about 27 miles southeast of San Francisco and 30 miles northwest of San Jose.

 

Adam Levin

Levin Johnston’s Executive Managing Director Adam Levin. represented the seller and procured the buyer in the transaction. 

   “By utilizing our deep industry and market knowledge, we were able to quickly identify and communicate the long-term value of Mosaic Apartments based on the strength of the property and the benefits of its location,” said Levin.

 “Our team has extensive experience in being ahead of the curve and recognizing the potential of often overlooked areas such as Castro Valley."

 Situated on 2.92 acres parcel of land, Mosaic Apartments was originally constructed in 1961 and has a gross building area of approximately 46,540 square feet.

 For more information about Levin Johnston’s $100 million in available properties, please visit www.levinjohnston.com.   


Contacts:


Arleeny Escarcega / Anthea Davis  

The Smart Agency, Inc.  

(949) 438-6262  

aescarcega@thesmartagency.com  

 

levinjohnston.com.  

 

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