Press Releases
Marcus & Millichap Arranges Sale of 18-Unit Multifamily Property in San Francisco
July 13, 2026
SAN FRANCISCO, July 13, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 395 Euclid Ave., an 18-unit multifamily property located in San Francisco.
“Opportunities to acquire apartment properties of this quality in Laurel Heights are exceptionally rare, which made completing this transaction entirely off-market especially significant,” said Philip Batlin, managing director investments. “The sale reflects renewed investor confidence in San Francisco's multifamily market, where strengthening rental demand, limited housing supply and improving fundamentals continue to support long-term investment activity.”
Batlin, investment specialist in Marcus & Millichap’s San Francisco office, represented the seller, Skyline Pacific Properties, and procured the buyer, Fort Point Real Estate Partners.
Built in 1977, the 15,783-square-foot property is situated on a 0.19-acre parcel at 395 Euclid Ave. in San Francisco's Laurel Heights neighborhood. The three-story building includes 18 one-bedroom, one-bath units, a nonconforming manager's studio and 19 secure garage parking spaces. Five units have been renovated with updated finishes and in-unit washers and dryers, while recent capital improvements include a new roof, an upgraded fire alarm system and completed seismic retrofit work. The property is adjacent to Laurel Village and near the Presidio, the University of San Francisco, public transit, shopping and dining.
“Opportunities to acquire apartment properties of this quality in Laurel Heights are exceptionally rare, which made completing this transaction entirely off-market especially significant,” said Philip Batlin, managing director investments. “The sale reflects renewed investor confidence in San Francisco's multifamily market, where strengthening rental demand, limited housing supply and improving fundamentals continue to support long-term investment activity.”
Batlin, investment specialist in Marcus & Millichap’s San Francisco office, represented the seller, Skyline Pacific Properties, and procured the buyer, Fort Point Real Estate Partners.
Built in 1977, the 15,783-square-foot property is situated on a 0.19-acre parcel at 395 Euclid Ave. in San Francisco's Laurel Heights neighborhood. The three-story building includes 18 one-bedroom, one-bath units, a nonconforming manager's studio and 19 secure garage parking spaces. Five units have been renovated with updated finishes and in-unit washers and dryers, while recent capital improvements include a new roof, an upgraded fire alarm system and completed seismic retrofit work. The property is adjacent to Laurel Village and near the Presidio, the University of San Francisco, public transit, shopping and dining.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
