Archive for the Press Releases Category

Downtown Sacramento apartments selling for $6.78 million

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It’s an increasingly rare find: a Downtown Sacramento apartment property with upside potential for a new owner. Such a description fits 32-unit Capitol Lanai, at 1300-1320 G St., on which a San Diego-based investor is set to close escrow Wednesday for $6.78 million. Joe Ramos, under the […]

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West Sac apartment/retail building near river sold for $1.4 million

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In a West Sacramento neighborhood that’s still emerging, a project of apartments and retail has a new owner. Escrow closed in mid-January for 289 Third St., a building with four apartments and a retail space currently filled by Westside Cafe. Tim Swanston of real estate brokerage North […]

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Investor buys two apartment complexes for more than $9million

“Two property sales in the Bay Area — totaling 10 residential units — allowed an investor to purchase 85 multifamily units in the Sacramento market. A pair of 1031 exchanges gave the unnamed buyer ownership of Orange Grove Apartments near North Highlands and Concord Plaza Apartments near […]

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Four multifamily sales, all off-market, total $35.5 million

After closing four multifamily property sales in off-market deals at the end of May, senior vice president Tim Swanston of North Coast Commercial Inc. said the buyer appetite for such properties hasn’t abated. The four properties, totaling 319 units, sold for a combined $35.5 million, according to Swanston. All four sales […]

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Apartment on Sinkler Way in Vista sold

The eight-unit apartment at 842 Sinkler Way, Vista 92084, has been sold for $1.04 million. The buyer was Snider Property #2, LLC, with Norman S. Snider and Kimberly M. Snider members, 12538 Poway Road, Poway 92064. The acquisition was financed with a loan of $780,000 from Mission […]

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Property in Vista sold

Dave Plutner, broker/owner of DP Properties, represented the buyer of the five-residence property reported in this column Tuesday, June 18. The seller was represented by Timothy Swanston and Kevin Hemstreet, of South Coast Commercial. The property consists of four apartment units and one house at 181 Pala […]

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Chula Vista, El Cajon apartments in 1031

Two apartment properties, totaling 69 units in Chula Vista and El Cajon, have been swapped through a 1031 exchange valued at $8.6 million. The first, or downleg, property was the 24-unit apartment at 1419 Tobias Drive in Chula Vista 92911 (top photo above). That property (assessor’s parcel […]

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North Coast Commercial is a specialized commercial brokerage and asset management company. NCC provides unparalleled performance to landlords, tenants, buyers and sellers of commercial properties.

Our team is dedicated to creating defined investment strategies for commercial real estate portfolio development with an emphasis on security and solvency.

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North Coast Commercial, Inc.
608 University Ave
Sacramento, CA 95825

office: 916-979-9930
DRE# 01978267