A 45,000-sf luxury apartment complex recently sold for $16 million. The Tamalpais apartment building, located at 1201 Greenwich St., is a located one block from San Francisco's famous Lombard Street, known as the "crookedest street in the world."
Two adjacent buildings at 1725 and 1731 Chestnut Streets were sold in separate transaction for $950,000 and $1.5 million, respectively. The 1725 Chestnut St. property is a six-unit property with studios, while 1731 Chestnut Street is a six-unit property with one-bedrooms.
Office properties, meanwhile, continue to hit the market. AT&T recently put its vacant 33,000-sf South of Market property, located at 631 Folsom St., on the market for $12.7 million. Nearby, Prudential Insurance is considering putting its 32,000-sf property, at Second and Natoma, on sale, as well.
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