San Rafael, CA 94901,1380 Lincoln AVE
San Rafael, CA 94901,1380 Lincoln AVE
San Rafael, CA 94901,1380 Lincoln AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Elizabeth Sasan • Golden Gate Sotheby's International Realty
$3,875,000
Est. payment /mo
2,101 Beds
4 Baths
9,500 Sqft Lot
Save

UPDATED:

09/20/2024 11:27 PM

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 324028431

Bedrooms 2101

HOA Y/N No

Lot Size 9,500 Sqft

Property Description

Discover 1380 Lincoln Ave, 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. Seller financing offered.

Location

State CA

County Marin

Area San Rafael

Interior

Heating Central

Cooling None

Flooring Simulated Wood

Exterior

Exterior Feature Fenced Yard, Yard Space

Garage Off Street, Uncovered

Garage Spaces 12.0

Roof Type Composition

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Water District

Others

Special Listing Condition Offer As Is, None


Read Less Info
Bay Area Real Estate Info Services (BAREIS)