Marcus & Millichap

Raymond S. Choi

Overview

Raymond has specialized in Apartment Investment transactions in San Diego with Marcus & Millichap since 2000 and is also well seasoned in Single Tenant NNN properties, other leased investment properties, and developments. Since graduating from the University of Washington with a degree in Economics, Raymond has established himself as a well regarded apartment broker in the San Diego brokerage community and prides himself in being a relationship oriented broker who values and earns a clients trust and respect.

San Diego
Raymond S. Choi

Raymond S. Choi

Vice President Investments
Tel: (858) 373-3136
Fax: (858) 373-3110

License:  CA  01297138

Director - National Multi Housing Group

Promoted to Associate in March, 2003
Promoted to Senior Associate in March, 2004
Promoted to Vice President Investments in July, 2008

University of Washington

National Achievement Award - 2016, 2015, 2005
Sales Recognition Award - 2016, 2015, 2014, 2013, 2012, 2006, 2005, 2004, 2003

Transactions Closed

  • The Terraces

    The Terraces

    Multifamily Tax Credit

    Escondido, CA
    Price: $23,400,000
    Size: 159,876 sqft
    Size: 190 units
    Cap Rate: 5.84%

  • Playa

    Playa

    Multifamily

    San Diego, CA
    Price: $7,500,000
    Size: 14,978 sqft
    Size: 22 units
    Cap Rate: 4.29%

  • Town Plaza Communities

    Town Plaza Communities

    Multifamily

    El Cajon, CA
    Price: $6,000,000
    Size: 38,400 sqft
    Size: 68 units
    Cap Rate: 6.25%

  • Birch Terrace

    Birch Terrace

    Multifamily

    Spring Valley, CA
    Price: $5,550,000
    Size: 35,168 sqft
    Size: 48 units
    Cap Rate: 5.57%

  • Casa Serena

    Casa Serena

    Multifamily

    San Diego, CA
    Price: $5,360,000
    Size: 32,390 sqft
    Size: 41 units
    Cap Rate: 6.31%

  • 1747 Fifth Avenue

    1747 Fifth Avenue

    Multifamily

    San Diego, CA
    Price: $5,000,000
    Size: 15,274 sqft
    Size: 26 units
    Cap Rate: 4.67%

  • 5041-43 Santa Monica Avenue

    5041-43 Santa Monica Avenue

    Multifamily

    San Diego, CA
    Price: $4,750,000
    Size: 1,111 sqft
    Size: 22 units
    Cap Rate: 3.51%

  • 3132 3rd Avenue

    3132 3rd Avenue

    Multifamily

    San Diego, CA
    Price: $3,892,500
    Size: 9,765 sqft
    Size: 13 units
    Cap Rate: 3.24%

  • Lakewood Club

    Lakewood Club

    Multifamily

    Dallas, TX
    Size: 47,288 sqft
    Size: 85 units
    Cap Rate: 8.22%

  • Del Taco

    Del Taco

    Net Leased Restaurant

    Las Vegas, NV
    Price: $3,750,000
    Size: 5,128 sqft
    Cap Rate: 7.79%

  • 1918 & 1922 Kelly Ave

    1918 & 1922 Kelly Ave

    Multifamily

    Ramona, CA
    Price: $3,630,000
    Size: 18,750 sqft
    Size: 11 units
    Cap Rate: 4.87%

  • Palm Grove Villas

    Palm Grove Villas

    Multifamily

    San Diego, CA
    Price: $3,600,000
    Size: 12,038 sqft
    Size: 20 units
    Cap Rate: 3.39%

  • 685 N Poplar Street

    685 N Poplar Street

    Single-Tenant Industrial

    Orange, CA
    Price: $3,550,000
    Size: 25,344 sqft
    Cap Rate: 6.08%

  • 3728 Herman Avenue

    3728 Herman Avenue

    Multifamily

    San Diego, CA
    Price: $3,354,000
    Size: 10,880 sqft
    Size: 14 units
    Cap Rate: 3.76%

  • 830 Park Boulevard

    830 Park Boulevard

    Multifamily

    San Diego, CA
    Price: $3,300,000
    Size: 11,535 sqft
    Size: 24 units
    Cap Rate: 4.19%

  • 14742 Raymer Street

    14742 Raymer Street

    Single-Tenant Industrial

    Van Nuys, CA
    Price: $3,200,000
    Cap Rate: 6.78%

  • Cypress Terrace

    Cypress Terrace

    Multifamily

    San Diego, CA
    Price: $3,000,000
    Size: 15,800 sqft
    Size: 24 units
    Cap Rate: 5.35%

  • 4902-12 W Point Loma Boulevard

    4902-12 W Point Loma Boulevard

    Multifamily

    San Diego, CA
    Price: $3,000,000
    Size: 6,800 sqft
    Size: 11 units
    Cap Rate: 2.92%

  • 5054-58 Narragansett Avenue

    5054-58 Narragansett Avenue

    Multifamily

    San Diego, CA
    Price: $2,900,000
    Size: 5,217 sqft
    Size: 04 units
    Cap Rate: 7.96%

  • Black Angus Cattle Company

    Black Angus Cattle Company

    Net Leased Restaurant

    Minnetonka, MN
    Price: $2,890,000

  • Ballantyne Court Apartments

    Ballantyne Court Apartments

    Multifamily

    El Cajon, CA
    Price: $2,850,000
    Size: 22,986 sqft
    Size: 34 units
    Cap Rate: 6.39%

  • 5016 Thorne Dr

    5016 Thorne Dr

    Multifamily

    La Mesa, CA
    Price: $2,750,000
    Size: 18,800 sqft
    Size: 29 units
    Cap Rate: 6.77%

  • The Arches Apartments

    The Arches Apartments

    Multifamily

    La Mesa, CA
    Price: $2,700,000
    Size: 10,600 sqft
    Size: 18 units
    Cap Rate: 4.53%

  • 4564-72 Hawley Boulevard

    4564-72 Hawley Boulevard

    Multifamily

    San Diego, CA
    Price: $2,635,000
    Size: 11,200 sqft
    Size: 16 units
    Cap Rate: 3.80%

  • Island Manor

    Island Manor

    Multifamily

    San Diego, CA
    Price: $2,625,000
    Size: 12,160 sqft
    Size: 28 units
    Cap Rate: 6.92%

  • Sierra Vista Apartments

    Sierra Vista Apartments

    Multifamily

    El Cajon, CA
    Price: $2,611,000
    Size: 18,337 sqft
    Size: 20 units
    Cap Rate: 3.65%

  • 5030-5040 Santa Cruz Avenue

    5030-5040 Santa Cruz Avenue

    Multifamily

    San Diego, CA
    Price: $2,600,000
    Size: 4,305 sqft
    Size: 06 units
    Cap Rate: 3.55%

  • 4865 Brighton Avenue

    4865 Brighton Avenue

    Multifamily

    San Diego, CA
    Price: $2,450,000
    Size: 6,454 sqft
    Size: 08 units
    Cap Rate: 4.12%

  • See Listing Agent for Details

    See Listing Agent for Details

    Multifamily

    San Diego, CA
    Price: $2,350,000
    Size: 9,276 sqft
    Size: 14 units
    Cap Rate: 3.59%

  • 4525 Florida Street

    4525 Florida Street

    Multifamily

    San Diego, CA
    Price: $2,275,000
    Size: 9,250 sqft
    Size: 16 units
    Cap Rate: 4.93%

  • 4435-39 Ohio St

    4435-39 Ohio St

    Multifamily

    San Diego, CA
    Price: $2,200,000
    Size: 8,063 sqft
    Size: 10 units
    Cap Rate: 4.37%

  • 1739-51 Donax Avenue

    1739-51 Donax Avenue

    Multifamily

    San Diego, CA
    Price: $2,125,000
    Size: 12,523 sqft
    Size: 07 units
    Cap Rate: 4.92%

  • 604 W California Ave

    604 W California Ave

    Multifamily

    San Diego, CA
    Price: $2,085,000
    Size: 14,518 sqft
    Size: 19 units
    Cap Rate: 6.21%

  • Caliber Collision | 15 Yr Absolute NNN Lease

    Caliber Collision | 15 Yr Absolute NNN Lease

    Net Leased Auto Service - Gas/Conv.

    Sarasota, FL
    Price: $2,012,000
    Size: 39,204 sqft
    Cap Rate: 6.85%

  • Sweetwater Springs Industrial

    Sweetwater Springs Industrial

    Single-Tenant Industrial

    Spring Valley, CA
    Price: $2,000,000
    Cap Rate: 5.56%

  • 5076 Saratoga Avenue

    5076 Saratoga Avenue

    Multifamily

    San Diego, CA
    Price: $2,000,000
    Size: 5,730 sqft
    Size: 09 units
    Cap Rate: 3.63%

  • 3041 C Street

    3041 C Street

    Multifamily

    San Diego, CA
    Price: $2,000,000
    Size: 6,806 sqft
    Size: 10 units
    Cap Rate: 4.06%

  • 4109 Park Blvd

    4109 Park Blvd

    Multifamily

    San Diego, CA
    Price: $2,000,000
    Size: 08 units
    Cap Rate: 3.25%

  • 2104-2110 Bacon Street

    2104-2110 Bacon Street

    Multifamily

    San Diego, CA
    Price: $1,900,000
    Size: 4,349 sqft
    Size: 11 units
    Cap Rate: 5.26%

  • Torrey Arms

    Torrey Arms

    Multifamily

    San Diego, CA
    Price: $1,850,000
    Size: 9,102 sqft
    Size: 18 units
    Cap Rate: 6.45%

  • 4170 Alabama Street

    4170 Alabama Street

    Multifamily

    San Diego, CA
    Price: $1,850,000
    Size: 6,573 sqft
    Size: 10 units
    Cap Rate: 5.06%

  • 4742-50 35th Street

    4742-50 35th Street

    Multifamily

    San Diego, CA
    Price: $1,827,350
    Size: 10,838 sqft
    Size: 14 units
    Cap Rate: 5.65%

  • 4070 Iowa Street

    4070 Iowa Street

    Multifamily

    San Diego, CA
    Price: $1,815,000
    Size: 6,229 sqft
    Size: 09 units
    Cap Rate: 4.31%

  • 3036 B Street

    3036 B Street

    Multifamily

    San Diego, CA
    Price: $1,800,000
    Size: 5,954 sqft
    Size: 10 units
    Cap Rate: 4.02%

  • 931 Grand Ave

    931 Grand Ave

    Multifamily

    San Diego, CA
    Price: $1,795,000
    Size: 5,600 sqft
    Size: 12 units
    Cap Rate: 4.28%

  • 4679 Cherokee Avenue

    4679 Cherokee Avenue

    Multifamily

    San Diego, CA
    Price: $1,775,000
    Size: 5,605 sqft
    Size: 08 units
    Cap Rate: 3.59%

  • 4438 Ohio Street

    4438 Ohio Street

    Multifamily

    San Diego, CA
    Price: $1,757,000
    Size: 6,011 sqft
    Size: 09 units
    Cap Rate: 5.00%

  • 4351 Alabama Street

    4351 Alabama Street

    Multifamily

    San Diego, CA
    Price: $1,750,000
    Size: 9,756 sqft
    Size: 16 units
    Cap Rate: 5.94%

  • Jack in the Box

    Jack in the Box

    Net Leased Restaurant

    Hickory, NC
    Price: $1,745,000
    Size: 2,867 sqft
    Cap Rate: 8.41%

  • 37th Street Apartments

    37th Street Apartments

    Multifamily

    San Diego, CA
    Price: $1,725,000
    Size: 5,750 sqft
    Size: 09 units
    Cap Rate: 5.33%

  • 4715-4735 Point Loma Avenue

    4715-4735 Point Loma Avenue

    Shopping Strip

    San Diego, CA
    Price: $1,725,000
    Size: 7,284 sqft
    Cap Rate: 3.29%

  • 4724-30 1/2 Point Loma Avenue

    4724-30 1/2 Point Loma Avenue

    Multifamily

    San Diego, CA
    Price: $1,650,000
    Size: 4,209 sqft
    Size: 07 units
    Cap Rate: 2.02%

  • 2138-46 Abbott Street

    2138-46 Abbott Street

    Multifamily

    San Diego, CA
    Price: $1,650,000
    Size: 3,250 sqft
    Size: 07 units
    Cap Rate: 3.95%

  • 4639 Iowa Street

    4639 Iowa Street

    Multifamily

    San Diego, CA
    Price: $1,595,000
    Size: 5,326 sqft
    Size: 08 units
    Cap Rate: 4.29%

  • 4502 40th Street

    4502 40th Street

    Multifamily

    San Diego, CA
    Price: $1,590,000
    Size: 4,826 sqft
    Size: 06 units
    Cap Rate: 5.15%

  • 4184 32nd Street

    4184 32nd Street

    Multifamily

    San Diego , CA
    Price: $1,580,000
    Size: 6,271 sqft
    Size: 07 units
    Cap Rate: 3.79%

  • 5063 & 5065-69 Santa Monica Avenue

    5063 & 5065-69 Santa Monica Avenue

    Multifamily

    San Diego, CA
    Price: $1,575,000
    Size: 11,111 sqft
    Size: 04 units
    Cap Rate: 1.88%

  • Mrs. Winner's Chicken & Biscuits

    Mrs. Winner's Chicken & Biscuits

    Net Leased Restaurant

    Brentwood, TN
    Price: $1,551,329
    Size: 2,466 sqft
    Cap Rate: 8.50%

  • 3431 Del Rey Street

    3431 Del Rey Street

    Multifamily

    San Diego, CA
    Price: $1,550,000
    Size: 5,886 sqft
    Size: 14 units
    Cap Rate: 5.83%

  • 4532 Felton Street

    4532 Felton Street

    Multifamily

    San Diego, CA
    Price: $1,550,000
    Size: 5,359 sqft
    Size: 07 units
    Cap Rate: 2.88%

  • 3242 Lincoln Avenue

    3242 Lincoln Avenue

    Multifamily

    San Diego, CA
    Price: $1,525,000
    Size: 5,772 sqft
    Size: 06 units
    Cap Rate: 3.48%

  • 3822 35th Street

    3822 35th Street

    Multifamily

    San Diego, CA
    Price: $1,485,000
    Size: 5,595 sqft
    Size: 09 units
    Cap Rate: 3.97%

  • 4685-4687 Ohio St

    4685-4687 Ohio St

    Shopping Strip

    San Diego, CA
    Price: $1,460,000
    Size: 3,253 sqft
    Cap Rate: 6.92%

  • 4546 Illinois Street

    4546 Illinois Street

    Multifamily

    San Diego, CA
    Price: $1,455,000
    Size: 7,726 sqft
    Size: 11 units
    Cap Rate: 4.33%

  • Nolen Apartments

    Nolen Apartments

    Multifamily

    San Diego, CA
    Price: $1,450,000
    Size: 6,042 sqft
    Size: 09 units
    Cap Rate: 5.38%

  • 4366 Utah St

    4366 Utah St

    Multifamily

    San Diego, CA
    Price: $1,450,000
    Size: 5,914 sqft
    Size: 07 units
    Cap Rate: 3.91%

  • 4560 Campus Avenue

    4560 Campus Avenue

    Multifamily

    San Diego, CA
    Price: $1,440,000
    Size: 6,788 sqft
    Size: 10 units
    Cap Rate: 4.59%

  • 2175 Wightman Street

    2175 Wightman Street

    Multifamily

    San Diego, CA
    Price: $1,390,000
    Size: 6,544 sqft
    Size: 08 units
    Cap Rate: 5.53%

  • 3113 Kalmia Street

    3113 Kalmia Street

    Net Leased Miscellaneous

    San Diego, CA
    Price: $1,380,000
    Size: 3,017 sqft

  • 4135 Texas Street

    4135 Texas Street

    Multifamily

    San Diego, CA
    Price: $1,375,000
    Size: 5,876 sqft
    Size: 08 units
    Cap Rate: 5.43%

  • 4119 Arizona Street

    4119 Arizona Street

    Multifamily

    San Diego, CA
    Price: $1,368,000
    Size: 1,067 sqft
    Size: 08 units
    Cap Rate: 3.75%

  • 4125 Iowa St

    4125 Iowa St

    Multifamily

    San Diego, CA
    Price: $1,350,000
    Size: 5,566 sqft
    Size: 08 units
    Cap Rate: 3.96%

  • 5137-41 Muir Avenue

    5137-41 Muir Avenue

    Multifamily

    San Diego, CA
    Price: $1,325,000
    Size: 2,562 sqft
    Size: 09 units
    Cap Rate: 4.32%

  • 4048 Alabama Street

    4048 Alabama Street

    Multifamily

    San Diego, CA
    Price: $1,315,000
    Size: 6,390 sqft
    Size: 07 units
    Cap Rate: 5.88%

  • Multifamily

    San Diego, CA
    Price: $1,313,200
    Size: 5,719 sqft
    Size: 07 units
    Cap Rate: 3.75%

  • 4866-72 Niagara Avenue

    4866-72 Niagara Avenue

    Multifamily

    San Diego, CA
    Price: $1,300,000
    Size: 2,910 sqft
    Size: 06 units
    Cap Rate: 4.52%

  • 4665 Mississippi Street

    4665 Mississippi Street

    Multifamily

    San Diego, CA
    Price: $1,285,000
    Size: 6,132 sqft
    Size: 09 units
    Cap Rate: 4.76%

  • Van Dyke Manor

    Van Dyke Manor

    Multifamily

    San Diego, CA
    Price: $1,280,000
    Size: 7,550 sqft
    Size: 11 units
    Cap Rate: 4.16%

  • Sea Holder

    Sea Holder

    Multifamily

    El Cajon, CA
    Price: $1,280,000
    Size: 13,200 sqft
    Size: 13 units
    Cap Rate: 6.62%

  • Denny's Restaurant

    Denny's Restaurant

    Net Leased Restaurant

    Phoenix, AZ
    Price: $1,280,000
    Size: 3,893 sqft
    Cap Rate: 7.81%

  • 1830 Robinson Avenue

    1830 Robinson Avenue

    Multifamily

    San Diego, CA
    Price: $1,275,000
    Size: 4,815 sqft
    Size: 08 units
    Cap Rate: 5.75%

  • 3909 Florida Street

    3909 Florida Street

    Multifamily

    San Diego, CA
    Price: $1,275,000
    Size: 8,240 sqft
    Size: 14 units
    Cap Rate: 6.19%

  • 437 Grand Avenue

    437 Grand Avenue

    Multifamily

    Spring Valley, CA
    Price: $1,275,000
    Size: 13,900 sqft
    Size: 15 units
    Cap Rate: 7.11%

  • 3111 Meade Avenue

    3111 Meade Avenue

    Multifamily

    San Diego, CA
    Price: $1,260,000
    Size: 5,091 sqft
    Size: 09 units
    Cap Rate: 6.80%

  • 3078 North Park Way

    3078 North Park Way

    Multifamily & Office

    San Diego, CA
    Price: $1,260,000

  • 9 Unit Apartment

    9 Unit Apartment

    Multifamily

    Bellevue, WA
    Price: $1,225,000
    Size: 09 units
    Cap Rate: 5.07%

  • 4242 Campus Avenue

    4242 Campus Avenue

    Multifamily

    San Diego, CA
    Price: $1,225,000
    Size: 6,602 sqft
    Size: 10 units
    Cap Rate: 5.03%

  • 3769 32nd St

    3769 32nd St

    Multifamily

    San Diego, CA
    Price: $1,200,000
    Size: 5,512 sqft
    Size: 07 units
    Cap Rate: 5.53%

  • 4033 Florida Street

    4033 Florida Street

    Multifamily

    San Diego, CA
    Price: $1,182,500
    Size: 6,042 sqft
    Size: 10 units
    Cap Rate: 6.71%

  • Sunstate Equipment

    Sunstate Equipment

    Single-Tenant Industrial

    Fort Worth, TX
    Size: 5,200 sqft
    Cap Rate: 8.00%

  • Cedar Lofts

    Cedar Lofts

    Multifamily

    San Diego, CA
    Price: $1,175,000
    Size: 9,250 sqft
    Size: 16 units
    Cap Rate: 4.71%

  • 3704 Madison Avenue

    3704 Madison Avenue

    Multifamily

    San Diego, CA
    Price: $1,175,000
    Size: 4,843 sqft
    Size: 07 units
    Cap Rate: 6.93%

  • Coleen Court Apartments

    Coleen Court Apartments

    Multifamily

    El Cajon, CA
    Price: $1,175,000
    Size: 9,184 sqft
    Size: 12 units
    Cap Rate: 6.18%

  • 4070 42nd Street

    4070 42nd Street

    Multifamily

    San Diego, CA
    Price: $1,175,000
    Size: 5,440 sqft
    Size: 06 units
    Cap Rate: 7.24%

  • 4414 39th Street

    4414 39th Street

    Multifamily

    San Diego, CA
    Price: $1,155,000
    Size: 07 units
    Cap Rate: 5.06%

  • 4840 West Mountain View Drive

    4840 West Mountain View Drive

    Multifamily

    San Diego, CA
    Price: $1,150,000
    Size: 6,664 sqft
    Size: 10 units
    Cap Rate: 5.66%

  • 4559 Hamilton Street

    4559 Hamilton Street

    Multifamily

    San Diego, CA
    Price: $1,125,000
    Size: 09 units
    Cap Rate: 4.56%

  • 4679 Cherokee Ave

    4679 Cherokee Ave

    Multifamily

    San Diego, CA
    Price: $1,125,000
    Size: 08 units
    Cap Rate: 4.36%

  • 4760 35th Street

    4760 35th Street

    Multifamily

    San Diego, CA
    Price: $1,125,000
    Size: 5,870 sqft
    Size: 08 units
    Cap Rate: 4.15%

  • 4650 Mississippi Street

    4650 Mississippi Street

    Multifamily

    San Diego, CA
    Price: $1,125,000
    Size: 6,180 sqft
    Size: 08 units
    Cap Rate: 4.39%

There are additional transactions closed, contact us for more.