Agent Photo
Herman Chan
  • Lic.# 01395481
Golden Gate Sotheby's International Realty
Golden Gate Sotheby's International Realty home
United StatesCaliforniaSan RafaelLincoln San Rafael Hill9 Completely Rebuilt Units - Excellent San Rafael Location

1380 Lincoln Avenue, San Rafael, California, Marin County, 94901

$3,875,000
 Get directions
 
$3,875,000
Change Currency
11
Bedrooms
9
Full Baths
5,130 Sq Ft.
Interior
.22 Acres
Exterior
Multi-Family Homes
Property type
1965
Year Built
SZT3LV
Web Id
323040305
MLS ID
San Rafael City High
School District

1380 Lincoln Avenue

Discover 1380 Lincoln Avenue, newly converted to residential apartment complex, located in the beautiful county of Marin, right in the heart of San Rafael. With 9 turnkey units boasting strong rents, this property presents an exceptional opportunity. Offering a diverse selection of units, including 3 studios, 4 one-bedrooms, and 2 two-bedrooms. Originally an office building, this property underwent a complete transformation in 2023, resulting in fully remodeled units featuring brand new cabinets, flooring, kitchens, bathrooms, and operating systems. Ample on-site parking, with 12 dedicated spaces available. Strong in-place rents, with built-in 3% annual increases stipulated in the leases. It's worth noting that Marin County is known for stringent regulations on multi-family construction, making opportunities like this particularly rare.

Amenities

  • Patio
  • Porch
  • Walk-in Closet

features

lot description
Located on a Cul-de-sac
Style
Contemporary
Herman Chan
Herman Chan
  • Lic.# 01395481
2 Tunnel Road
Berkeley, California, Alameda County, 94705
Contact Agent
a982eeff7-ee77-448d-92c3-2834e2ed22c8