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listing
1 of 35
Residential Income
$3,875,000
1380 Lincoln Avenue
San Rafael, CA 94901
Listed by: Elizabeth Sasan from Golden Gate Sotheby's International Realty, (415) 990-7186
4Baths
Est. Mortgage
$20,102/mo

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.

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Information courtesy of Golden Gate Sotheby's International Realty is subject to verification and is not guaranteed.
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