The 18-unit property at 280 Howland St. in Redwood City, Calif., was one of two assets an undisclosed 1031 investor has acquired. The community offers units in studio, one-, two- and three-bedroom floor plans.

Marcus & Millichap Brokers $24.4 Million Bay Area Sale

by Lynn Peisner October 21, 2025

October 21, 2025

CASTRO VALLEY AND REDWOOD CITY, CALIF. — The Levin Johnston team of Marcus & Millichap has arranged the $24.4 million sale of two California assets. Park Tower Townhomes & Apartments, a 52-unit community in Castro Valley, and 280 Howland St., an 18-unit property in Redwood City, represented the upleg of a 1031 exchange completed by an undisclosed buyer who disposed of three other properties to complete the transaction. The deal was arranged by Robert Johnston, Adam Levin and Jessica Tomasetti.

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Marcus & Millichap Brokers $24.4 Million Bay Area Sale

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