Pacific West Advisory Group Facilitates Sale of 86-Unit Trophy Asset, Grosvenor Court Apartments

Success Stories

Mar 30

Andrew Black | Director, CRE at Pacific West Group | Engel & Völkers San Francisco

November 12, 2025

Pacific West Advisory Group is pleased to announce the successful marketing and sale of Grosvenor Court Apartments, one of San Francisco’s premier multifamily properties, prominently located in the Pacific Heights district, adjacent to Lafayette Park.

Originally constructed in 1975, 2055 Sacramento Street comprises a ten-story residential building featuring 86 view units, 86 parking spaces, and approximately 78,146 square feet of rentable area. The property was meticulously maintained and professionally managed, showcasing an evident pride of ownership. The property offered substantial rental upside potential through interior upgrades and amenity enhancements. The new owner, Ballast Investments — a well-capitalized local institutional investor and one of San Francisco’s largest multifamily operators — is well-positioned to build upon the previous owner’s exceptional stewardship, continuing to elevate Grosvenor Court’s long-term value and appeal.

Pacific West Advisory Group was able to generate over ten (10) competitive offers, mostly from local private equity shops, family offices and/or local institutional investors. The team successfully navigated numerous challenges over a six-month escrow, representing both the Seller and Buyer in this complex transaction.

Congratulations to both parties on the successful closing of this outstanding multifamily asset.