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FOR SALE
$3,875,000

1380 Lincoln Avenue
San Rafael, CA 94901

Multi-Family
Residential
4
Beds
4
Baths
0.2181
Acre Lot
Courtesy: Elizabeth Sasan - Golden Gate Sotheby's International Realty
Showcase> California> San Rafael> 94901
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.
324028431
Residential - Multi-Family, 2 Story
4
4 Full
Marin
0.2181 Acres
2
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Elizabeth Sasan - Golden Gate Sotheby's International Realty
Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Copyright 2024 Bay Area Real Estate Information Services, Inc. All rights reserved.
This content last refreshed on 5/2/2024 12:10 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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