Neighborhood Office to Multifamily Properties Exchange, San Francisco, CA

Written By LL CRE

LL CRE Group executed a 1031 exchange which increased return on investment and upside potential. The investor's initial property, a neighborhood office space, was sold, and the proceeds were reinvested into two multifamily properties. This strategic move was orchestrated in compliance with 1031 regulations, enabling the investor to defer capital gains taxes. Notably, the LL CRE Group arranged seller financing, enhancing the transaction's flexibility and financing options. This well-executed maneuver fulfilled the client's objective of trading out of an asset that they were inexperienced with, setting the stage for increased income and success.

 

Net Income Before

$119,619

Net Income After

$180,896

Net Income Increase

+51%

 

Transaction Details

  • LL CRE Group executed a 1031 exchange for a client, deferred capital gains taxes

  • Dramatically increased income, diversified portfolio

  • Proceeds reinvested into two multifamily properties (from an office property)

  • LL CRE Group skillfully arranged seller financing

LL CRE
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