Courtesy: Elizabeth Sasan - Golden Gate Sotheby's International Realty
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
Multi-Family, 2 Story
4
Marin
4 Full
0.2181
Acres
2
Public Sewer
School Information
Marin
Bathrooms
4
Interior Features
- Appliances
- Dishwasher, Disposal, Gas Oven, Refrigerator
- Heating
- Other. Central.
- Accessibility
- Baths. Accessible Full Bath.
- Security
- Security System, Smoke Detector(s)
Exterior / Lot Features
- Parking
- 12 Parking Spaces.
- Patio
- Covered, Patio
- Roof
- Composition
- Additional Exterior/Lot Features
- Corner Lot.
Community Features
- Security Features
- Security System, Smoke Detector(s)
- Complex Features
- Security System, Smoke Detector(s)
Financial Considerations
011-145-13
Arrows indicate 90 day trend
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