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

National Achievement Award - 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%

  • 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%

  • 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%

  • 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%

  • 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%

  • 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%

  • 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%

  • 4742 East Mountain View Drive

    4742 East Mountain View Drive

    Multifamily

    San Diego, CA
    Price: $1,120,000
    Size: 7,550 sqft
    Size: 10 units
    Cap Rate: 5.89%

  • 4738 33rd Street

    4738 33rd Street

    Multifamily

    San Diego, CA
    Price: $1,110,000
    Size: 6,076 sqft
    Size: 09 units
    Cap Rate: 6.05%

  • Wendy's

    Wendy's

    Net Leased Restaurant

    Lithonia, GA
    Price: $1,105,000
    Size: 2,718 sqft
    Cap Rate: 7.59%

  • 4476 Marlborough Ave

    4476 Marlborough Ave

    Multifamily

    San Diego, CA
    Price: $1,100,000
    Size: 5,400 sqft
    Size: 08 units
    Cap Rate: 4.55%

  • 1172-1176 Del Mar Avenue

    1172-1176 Del Mar Avenue

    Multifamily

    Chula Vista, CA
    Price: $1,100,000
    Size: 8,600 sqft
    Size: 07 units
    Cap Rate: 6.85%

  • 2775-77 Market Street

    2775-77 Market Street

    Multifamily

    San Diego, CA
    Price: $1,100,000
    Size: 4,088 sqft
    Size: 07 units
    Cap Rate: 4.71%

There are additional transactions closed, contact us for more.