Marcus & Millichap

Joseph R. Berkson

Overview

Mr. Berkson has been an investment real estate broker with Marcus & Millichap since June of 1991. Having weathered one of Southern California's worst real estate downturns, he worked diligently and honed his skills to achieve the designation of FirstVice President Investments. During his career, Mr. Berkson has closed approximately $1 billion in income property sales. He has dedicated himself to providing the highest levels of service to apartment sellers and to pushing property values to record highs through cutting edge marketing and expert negotiating skills.

Newport Beach
Joseph R. Berkson

Joseph R. Berkson

First Vice President Investments
Tel: (949) 419-3232
Fax: (949) 203-8788

License:  CA  01031951

National Multi Housing Council

Director - National Multi Housing Group
Director - Special Asset Services Group

Promoted to Associate in December, 1995
Promoted to Senior Associate in June, 1996
Promoted to Senior Investment Associate in July, 1999
Promoted to Vice President Investments in January, 2008
Promoted to First Vice President Investments in September, 2013

University of California-Irvine, English Literature and Social Ecology

National Achievement Award - 2014, 2006, 2004, 2003, 2002, 2001, 1998, 1997, 1996
Sales Recognition Award - 2014, 2008, 2006, 2004, 2003, 2002, 2001, 2000, 1999, 1998, 1997, 1996, 1995

Transactions Closed

  • Casa Monterrey

    Casa Monterrey

    Multifamily

    Huntington Beach, CA
    Price: $60,250,000
    Size: 208 units
    Cap Rate: 5.22%

  • Silver Pines Apartments

    Silver Pines Apartments

    Multifamily

    Anaheim, CA
    Price: $38,650,000
    Size: 189,839 sqft
    Size: 261 units
    Cap Rate: 4.80%

  • South Robertson Building

    South Robertson Building

    Office

    Los Angeles, CA
    Price: $29,750,000
    Size: 107,195 sqft
    Cap Rate: 7.17%

  • Huntington Villas

    Huntington Villas

    Multifamily

    Huntington Beach, CA
    Price: $19,000,000
    Size: 72,631 sqft
    Size: 114 units
    Cap Rate: 5.51%

  • Heritage Village Apartments

    Heritage Village Apartments

    Multifamily

    Santa Ana, CA
    Price: $18,500,000
    Size: 22,436 sqft
    Size: 123 units

  • Villa de Hacienda

    Villa de Hacienda

    Multifamily

    Tustin, CA
    Price: $16,480,000
    Size: 70,940 sqft
    Size: 70 units
    Cap Rate: 4.15%

  • Arbor Court Apts

    Arbor Court Apts

    Multifamily

    Cypress, CA
    Price: $15,250,000
    Size: 125,600 sqft
    Size: 160 units
    Cap Rate: 7.78%

  • Spring Lake Apartments

    Spring Lake Apartments

    Multifamily

    Anaheim, CA
    Price: $12,900,000
    Size: 54 units
    Cap Rate: 3.36%

  • Rancho Sierra Vista Apartments

    Rancho Sierra Vista Apartments

    Multifamily

    Tustin, CA
    Price: $11,500,000
    Size: 69,900 sqft
    Size: 60 units
    Cap Rate: 4.21%

  • 24 Hour Fitness

    24 Hour Fitness

    Net Leased Fitness Center

    Escondido, CA
    Price: $11,500,000
    Size: 38,121 sqft
    Cap Rate: 7.59%

  • Fairway Villas

    Fairway Villas

    Multifamily

    Newport Beach, CA
    Price: $10,800,000
    Size: 41,776 sqft
    Size: 32 units
    Cap Rate: 4.86%

  • 15811 Pasadena Avenue

    15811 Pasadena Avenue

    Multifamily

    Tustin, CA
    Price: $10,600,000
    Size: 78 units
    Cap Rate: 7.53%

  • Las Casitas Garden Apartments

    Las Casitas Garden Apartments

    Multifamily

    Newport Beach, CA
    Price: $10,550,000
    Size: 45,938 sqft
    Size: 52 units
    Cap Rate: 4.97%

  • The Atrium at Fullerton

    The Atrium at Fullerton

    Multifamily

    Fullerton, CA
    Price: $10,250,000
    Size: 63,051 sqft
    Size: 88 units
    Cap Rate: 6.13%

  • Spring Lake Apartments

    Spring Lake Apartments

    Multifamily

    Anaheim, CA
    Price: $10,200,000
    Size: 54 units
    Cap Rate: 5.89%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Greensboro, NC
    Price: $9,237,200
    Size: 14,534 sqft
    Cap Rate: 5.38%

  • El Toro Auto Repair Center

    El Toro Auto Repair Center

    Shopping Auto Center

    Lake Forest, CA
    Price: $8,611,000
    Size: 45,697 sqft
    Cap Rate: 7.49%

  • Oceanaire Apartments

    Oceanaire Apartments

    Multifamily

    Huntington Beach, CA
    Price: $8,400,000
    Size: 181,558 sqft
    Size: 65 units

  • Walgreens #10276

    Walgreens #10276

    Net Leased Drug Store

    Morrisville, NC
    Price: $7,810,000
    Size: 14,820 sqft
    Cap Rate: 5.25%

  • Western Country Plaza

    Western Country Plaza

    Shopping Community

    Laguna Hills, CA
    Price: $7,500,000
    Size: 28,875 sqft

  • Mile Square Plaza

    Mile Square Plaza

    Shopping Strip

    Fountain Valley, CA
    Price: $7,400,000
    Size: 43,565 sqft
    Cap Rate: 5.92%

  • Whispering Woods

    Whispering Woods

    Multifamily

    Tustin, CA
    Price: $7,250,000
    Size: 27,471 sqft
    Size: 30 units
    Cap Rate: 4.45%

  • Town Center Professional Building

    Town Center Professional Building

    Office

    Laguna Niguel, CA
    Price: $7,030,000
    Size: 49,623 sqft
    Cap Rate: 29.43%

  • La Habra Business Center

    La Habra Business Center

    Industrial Warehouse

    La Habra, CA
    Price: $6,750,000
    Size: 173,467 sqft
    Cap Rate: 9.86%

  • Gold Creek Village Apartments

    Gold Creek Village Apartments

    Multifamily

    Grass Valley , CA
    Price: $6,100,000
    Size: 60,126 sqft
    Size: 44 units
    Cap Rate: 5.93%

  • Santa Ana Plaza

    Santa Ana Plaza

    Shopping Neighborhood

    Santa Ana, CA
    Price: $5,995,000
    Size: 44,000 sqft
    Cap Rate: 14.89%

  • Monterey Pines

    Monterey Pines

    Multifamily

    Brea, CA
    Price: $5,900,000
    Size: 49,280 sqft
    Size: 44 units
    Cap Rate: 6.69%

  • The Terrace Apartments

    The Terrace Apartments

    Multifamily

    Tustin, CA
    Price: $5,735,000
    Size: 27 units
    Cap Rate: 7.47%

  • Palm Terrace Townhomes

    Palm Terrace Townhomes

    Multifamily

    Downey, CA
    Price: $5,640,000
    Size: 25,419 sqft
    Size: 30 units
    Cap Rate: 4.85%

  • Oceanair Apartment Homes

    Oceanair Apartment Homes

    Multifamily

    Costa Mesa, CA
    Price: $5,360,000
    Size: 23,800 sqft
    Size: 38 units
    Cap Rate: 4.94%

  • Lampson Park Apartments

    Lampson Park Apartments

    Multifamily

    Garden Grove, CA
    Price: $5,300,000
    Size: 37,314 sqft
    Size: 36 units
    Cap Rate: 5.61%

  • Evergreen Apartments

    Evergreen Apartments

    Multifamily

    Riverside, CA
    Price: $5,035,000
    Cap Rate: 9.30%

  • Rochester Apartments

    Rochester Apartments

    Multifamily

    Costa Mesa, CA
    Price: $5,025,000
    Size: 16,282 sqft
    Size: 14 units
    Cap Rate: 4.40%

  • Terrace Estates

    Terrace Estates

    Multifamily

    Hawthorne, CA
    Price: $4,875,000
    Size: 27,456 sqft
    Size: 26 units
    Cap Rate: 4.41%

  • Alder Creek Apartments

    Alder Creek Apartments

    Multifamily

    Riverside, CA
    Price: $4,800,000
    Size: 99,800 sqft
    Size: 148 units
    Cap Rate: 7.84%

  • COMMONWEALTH APARTMENTS

    COMMONWEALTH APARTMENTS

    Multifamily

    Fullerton, CA
    Price: $4,755,000
    Size: 30,203 sqft
    Size: 39 units
    Cap Rate: 5.93%

  • Laguna Woods Towne Centre

    Laguna Woods Towne Centre

    Shopping Strip

    Laguna Woods, CA
    Price: $4,650,000
    Size: 12,989 sqft

  • Multifamily

    Santa Ana, CA
    Price: $4,500,000
    Size: 137 units
    Cap Rate: 18.32%

  • Corporate BJ's Restaurant Ground Lease

    Corporate BJ's Restaurant Ground Lease

    Net Leased Restaurant

    Coral Springs, FL
    Price: $4,400,000
    Size: 8,376 sqft
    Cap Rate: 5.75%

  • Farrell's Ice Cream Parlour

    Farrell's Ice Cream Parlour

    Net Leased Restaurant

    Riverside, CA
    Price: $4,199,000
    Size: 8,700 sqft
    Cap Rate: 7.23%

  • La Habra Hills

    La Habra Hills

    Multifamily

    La Habra, CA
    Price: $4,000,000
    Size: 137 units
    Cap Rate: 11.12%

  • Multifamily

    Stanton, CA
    Price: $3,800,000
    Cap Rate: 9.98%

  • Magnolia Place

    Magnolia Place

    Shopping Strip

    Riverside, CA
    Price: $3,650,000
    Size: 26,774 sqft
    Cap Rate: 9.35%

  • Buena Capri Apartments

    Buena Capri Apartments

    Multifamily

    Buena Park, CA
    Price: $3,600,000
    Size: 56 units

  • Spring Lake Apartments

    Spring Lake Apartments

    Multifamily

    Anaheim, CA
    Price: $3,575,000
    Size: 54 units
    Cap Rate: 7.94%

  • Adelphi Apartments

    Adelphi Apartments

    Multifamily

    Anaheim, CA
    Price: $3,550,000
    Size: 28,780 sqft
    Size: 35 units
    Cap Rate: 6.50%

  • Bever Court

    Bever Court

    Multifamily

    Stanton, CA
    Price: $3,350,000
    Size: 58 units
    Cap Rate: 8.65%

  • Edinger View Apartments

    Edinger View Apartments

    Multifamily

    Santa Ana, CA
    Price: $3,312,000
    Size: 23,254 sqft
    Size: 34 units

  • Eucalyptus Village Apartments

    Eucalyptus Village Apartments

    Multifamily

    Fallbrook, CA
    Price: $3,275,000
    Size: 25,244 sqft
    Size: 30 units
    Cap Rate: 9.26%

  • The Daisy Apartments

    The Daisy Apartments

    Multifamily

    Anaheim, CA
    Price: $3,250,000
    Size: 18,915 sqft
    Size: 20 units
    Cap Rate: 5.93%

  • College Place Apartments

    College Place Apartments

    Multifamily

    Fullerton, CA
    Price: $3,170,000
    Size: 39 units
    Cap Rate: 5.78%

  • Seashore Apartments

    Seashore Apartments

    Multifamily

    Newport Beach, CA
    Price: $3,160,000
    Size: 11,216 sqft
    Size: 15 units
    Cap Rate: 5.00%

  • 1602 North Ross Street

    1602 North Ross Street

    Multifamily

    Santa Ana, CA
    Price: $3,150,000
    Size: 105 units
    Cap Rate: 4.30%

  • Casa Alamitos

    Casa Alamitos

    Multifamily

    Los Alamitos, CA
    Price: $3,100,000
    Size: 39,121 sqft
    Size: 40 units
    Cap Rate: 6.47%

  • The Wildwood Apartments

    The Wildwood Apartments

    Multifamily

    Anaheim, CA
    Price: $2,912,000
    Size: 30,600 sqft
    Size: 36 units
    Cap Rate: 8.98%

  • Arvin Apartments

    Arvin Apartments

    Multifamily

    ANAHEIM, CA
    Price: $2,900,000
    Size: 14,902 sqft
    Size: 24 units
    Cap Rate: 5.95%

  • Canfield Park Apartments

    Canfield Park Apartments

    Multifamily

    Anaheim, CA
    Price: $2,849,000
    Size: 20,547 sqft
    Size: 24 units
    Cap Rate: 7.21%

  • Windsong Apartments

    Windsong Apartments

    Multifamily

    Stanton, CA
    Price: $2,825,000
    Cap Rate: 8.43%

  • Lake Forest Crossing

    Lake Forest Crossing

    Shopping Strip

    McKinney, TX
    Size: 9,545 sqft
    Cap Rate: 8.09%

  • Continental Apartments

    Continental Apartments

    Multifamily

    La Habra, CA
    Price: $2,685,000
    Size: 37,983 sqft
    Size: 42 units
    Cap Rate: 7.14%

  • San Marino Apartments

    San Marino Apartments

    Multifamily

    Anaheim, CA
    Price: $2,680,000
    Size: 23,930 sqft
    Size: 40 units
    Cap Rate: 7.95%

  • Park Promenade Apartments

    Park Promenade Apartments

    Multifamily

    Anaheim, CA
    Price: $2,600,000
    Cap Rate: 7.48%

  • Hacienda Real

    Hacienda Real

    Multifamily

    Anaheim, CA
    Price: $2,600,000
    Size: 16,150 sqft
    Size: 18 units
    Cap Rate: 5.08%

  • Palm Garden Apartments

    Palm Garden Apartments

    Multifamily

    Anaheim, CA
    Price: $2,575,000
    Size: 14,962 sqft
    Size: 18 units
    Cap Rate: 5.67%

  • LAS ESTRELLAS APARTMENTS

    LAS ESTRELLAS APARTMENTS

    Multifamily

    Westminster, CA
    Price: $2,539,000
    Size: 13,105 sqft
    Size: 19 units
    Cap Rate: 5.09%

  • Canfield Park Apartments

    Canfield Park Apartments

    Multifamily

    Anaheim, CA
    Price: $2,495,000
    Size: 20,547 sqft
    Size: 24 units
    Cap Rate: 5.60%

  • 9571 Maureen Drive

    9571 Maureen Drive

    Multifamily

    Garden Grove, CA
    Price: $2,495,000
    Size: 12,614 sqft
    Size: 16 units
    Cap Rate: 5.64%

  • Sea Aire Apartments

    Sea Aire Apartments

    Multifamily

    Huntington Beach, CA
    Price: $2,385,000
    Size: 27,789 sqft
    Size: 36 units
    Cap Rate: 7.83%

  • Burton Manor Apartments

    Burton Manor Apartments

    Multifamily

    Anaheim, CA
    Price: $2,350,000
    Size: 16,551 sqft
    Size: 15 units
    Cap Rate: 6.54%

  • Walker Place

    Walker Place

    Multifamily

    Dallas, TX
    Size: 33,800 sqft
    Size: 30 units
    Cap Rate: 7.14%

  • Multifamily

    Santa Ana, CA
    Price: $2,290,000
    Size: 23,704 sqft
    Size: 26 units

  • Claystone Canyon Crest

    Claystone Canyon Crest

    Multifamily

    Riverside, CA
    Price: $2,280,000
    Size: 14,500 sqft
    Size: 14 units
    Cap Rate: 6.18%

  • Casa Clemente Resort

    Casa Clemente Resort

    Hotel/Motel

    San Clemente, CA
    Price: $2,200,000
    Size: 59,572 sqft
    Size: 110 units

  • Colchester Court

    Colchester Court

    Multifamily

    Anaheim, CA
    Price: $2,110,000
    Size: 10,098 sqft
    Size: 16 units

  • Willowbrook Apartments

    Willowbrook Apartments

    Multifamily

    Temecula, CA
    Price: $2,100,000
    Size: 18,888 sqft
    Size: 20 units
    Cap Rate: 5.60%

  • Tropicana Apartments

    Tropicana Apartments

    Multifamily

    Baldwin Park, CA
    Price: $2,025,000
    Size: 68 units
    Cap Rate: 10.33%

  • Westwood Apartments

    Westwood Apartments

    Multifamily

    Buena Park, CA
    Price: $1,995,000
    Size: 14,166 sqft
    Size: 17 units
    Cap Rate: 6.61%

  • El Patio Apartments

    El Patio Apartments

    Multifamily

    Westminster, CA
    Price: $1,950,000
    Size: 26 units
    Cap Rate: 6.88%

  • Hillcrest Senior Condominiums

    Hillcrest Senior Condominiums

    Multifamily

    Fullerton, CA
    Price: $1,910,000
    Size: 11,704 sqft
    Size: 22 units
    Cap Rate: 7.20%

  • 12571 & 12581 SHELLEY DRIVE

    12571 & 12581 SHELLEY DRIVE

    Multifamily

    Garden Grove, CA
    Price: $1,900,000
    Size: 11,398 sqft
    Size: 18 units
    Cap Rate: 4.70%

  • Orangeview Villa Apartments

    Orangeview Villa Apartments

    Multifamily

    Anaheim, CA
    Price: $1,775,000
    Size: 30 units
    Cap Rate: 8.94%

  • Multifamily

    Brea, CA
    Price: $1,768,000
    Size: 30,003 sqft
    Size: 35 units
    Cap Rate: 14.58%

  • Canfield Park Apartments

    Canfield Park Apartments

    Multifamily

    Anaheim, CA
    Price: $1,755,000
    Size: 20,547 sqft
    Size: 24 units
    Cap Rate: 6.95%

  • 10585 Slater Avenue

    10585 Slater Avenue

    Shopping Strip

    Fountain Valley, CA
    Price: $1,700,000
    Size: 15,400 sqft
    Cap Rate: 9.17%

  • 2417 Orange Avenue

    2417 Orange Avenue

    Multifamily

    Costa Mesa, CA
    Price: $1,700,000
    Size: 5,196 sqft
    Size: 06 units
    Cap Rate: 5.40%

  • 6307 Milton Avenue

    6307 Milton Avenue

    Multifamily

    Whittier, CA
    Price: $1,695,000
    Size: 11,435 sqft
    Size: 15 units
    Cap Rate: 6.40%

  • 115 West Mountain View Avenue

    115 West Mountain View Avenue

    Multifamily

    La Habra, CA
    Price: $1,670,000
    Size: 24 units
    Cap Rate: 7.91%

  • 628-634 Harrison

    628-634 Harrison

    Multifamily

    Oak Park, IL
    Price: $1,625,000
    Size: 19,600 sqft
    Size: 26 units
    Cap Rate: 6.79%

  • Orangeview Villa Apartments

    Orangeview Villa Apartments

    Multifamily

    Anaheim, CA
    Price: $1,600,000
    Size: 30 units
    Cap Rate: 8.85%

  • Greenwood Villa

    Greenwood Villa

    Multifamily

    La Habra, CA
    Price: $1,500,000
    Cap Rate: 9.85%

  • The Village Apts.

    The Village Apts.

    Multifamily

    Santa Ana, CA
    Price: $1,500,000
    Size: 21,650 sqft
    Size: 32 units
    Cap Rate: 8.10%

  • 3428 East 1st Street

    3428 East 1st Street

    Multifamily

    Long Beach, CA
    Price: $1,500,000
    Size: 14 units
    Cap Rate: 5.80%

  • La Habra Palms

    La Habra Palms

    Multifamily

    La Habra, CA
    Price: $1,487,500
    Size: 30,568 sqft
    Size: 36 units
    Cap Rate: 9.82%

  • Casa De Porter

    Casa De Porter

    Multifamily

    Santa Ana, CA
    Price: $1,475,000
    Size: 35,277 sqft
    Size: 47 units
    Cap Rate: 10.05%

  • Multifamily

    Lake Forest, CA
    Price: $1,400,000
    Size: 16,936 sqft
    Size: 20 units
    Cap Rate: 7.67%

  • Tara Village Apartments

    Tara Village Apartments

    Multifamily

    Buena Park, CA
    Price: $1,310,000
    Size: 22,442 sqft
    Size: 26 units
    Cap Rate: 8.86%

  • Gardena Property

    Gardena Property

    Multifamily

    Gardena, CA
    Price: $1,275,000
    Size: 13,554 sqft
    Size: 16 units
    Cap Rate: 9.45%

  • Multifamily

    Lake Forest, CA
    Price: $1,250,000
    Size: 16,936 sqft
    Size: 20 units
    Cap Rate: 7.97%

  • Malden Terrace Apartments

    Malden Terrace Apartments

    Multifamily

    Fullerton, CA
    Price: $1,155,000
    Size: 18,420 sqft
    Size: 30 units
    Cap Rate: 9.17%

  • Crestwood Apartments

    Crestwood Apartments

    Multifamily

    Anaheim, CA
    Price: $1,150,000
    Size: 5,966 sqft
    Size: 12 units
    Cap Rate: 6.09%

There are additional transactions closed, contact us for more.

In The News

  • Seashore Apts. Grabs $3.2M

    The Seashore Apartments in Newport Beach, CA, sold for $3.2 million, or approximately $210,700 per unit, in a sale between private investors. The cap rate was 5 percent. The 15-unit,...

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    Las Casitas Garden Apts. Nets $10.6M

    The Las Casitas Garden Apartments in Newport Beach, CA, sold for $10.55 million, or about $202,900 per unit in a sale between private investors. The two-story, 52-unit multifamily building...

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    Costa Mesa Multifamily Snags $1.7M

    The multifamily complex at 2417 Orange Ave. in Costa Mesa, CA, sold for $1.7 million, or about $283,300 per unit, in a sale between private investors. The capitalization rate was 5.29 percent....

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  • Anaheim Multifamily Sells for $2.3M

    The multifamily complex at 1401 E. Burton St. in Anaheim, CA, for $2.4 million, or about $157,000 per unit, in a sale between private investors. The capitalization rate was 6.54 percent. The...

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