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Listed by Jefrey Henderson • Jefrey Henderson, Broker
$ 4,725,000
Est. payment | /mo
1 Bed
1 Bath
10,980 SqFt
$ 4,725,000
Est. payment | /mo
1 Bed
1 Bath
10,980 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 10,980 sqft
Price per Sqft $430
MLS Listing ID ML82023801
Bedrooms 1
Full Baths 1
Year Built 1948
Lot Size 0.491 Acres
Property Sub-Type Five or More Units
Property Description
1315 Lincoln Avenue, Rafael Gardens, 16 units in San Rafael made up of sixteen (16) 1 bed 1 bath units, Marin County is emerging as a compelling secondary tech hub to San Francisco, driven by the AI boom. For investors, this offers a prime opportunity to capitalize on Marin County's highly educated and expanding local workforce. The property has been lightly renovated with LVT flooring, countertops, etc. with strong in-place cash flow and future upside, the property presents an exceptional opportunity in one of California's top rental markets.
Location
State CA
County Marin
Area San Rafael
Interior
Heating Electric
Cooling None
Exterior
Parking Features Attached Garage
Garage Spaces 16.0
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Other
Building
Foundation Other
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 011-183-09
Security Features None
Special Listing Condition Not Applicable
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Kalani Stone
Agent | Lic# CalBRE: 01336392