Address
1350 Lincoln Avenue San Rafael, CA
Price
$ 8,795,000
Property Attributes
  • MLS#22028235
  • TypeMulti-Family
  • CountyMARIN
  • CitySan Rafael
  • AreaSan Rafael
  • Zip94901
  • StyleMulti Unit 5+
  • Year Built1962
  • Taxes121687
  • Price$ 8,795,000
  • Bedrooms1432
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage19458
  • Lot Size0.53 Acres
Listing Provided Courtesy Of:
Steven Level with BHHS Drysdale Properties - 4153296790
Property Description

Located in coveted Marin County, this 22-Unit apartment complex presents a rare opportunity to acquire a quality investment property in an extremely desirable market. Featuring an excellent unit mix of all large townhouse-style units consisting of eight (8) 1-bedroom units, thirteen (13) 2-bedroom units and one (1) 3-bedroom, 1.5 bath unit, this property benefits from historically high occupancy and is located just minutes away from downtown San Rafael. Most units have been remodeled with upgraded finishes including countertops, flooring, updated fixtures and custom paint. The property has been consistently maintained under the current ownership, benefits from minimal landscaping, and generates additional income through a convenient on-site laundry facility. Tenant amenities include on-site covered parking, designated storage spaces and private yards for most units.

Price History
11/20/2020 Listed $8,795,000

General Features

Possession Close Escrow
Property Subtype Multi Unit 5+
Property Type Multi Unit 5+
Roof Other
Sale/lease-rent Sale
Status Active
Total Units 22
Type 2 Story, Apartments
Year Built 1962

Interior Features

Heat/Air Conditioning Central Heat, Wall Furnace
Living Area 19458.00

Exterior Features

Exterior Stucco, Wood Siding
Lot Description Level
Lot Size Acres 0.53
Lot Size Source (Realist Public Rec)
Number of Buildings 2
On Site Parking Carports, On Street
Sewer/Septic Sewer Public
Water Source Water-Public

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 94901

Price
AVG $2.18M
$8.8M
Taxes
AVG $32,137
$121,687
Visits
AVG 28
6
Year Built
AVG 1942
1962

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