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1380 Lincoln Avenue, San Rafael, CA 94901

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For Sale

$3,875,000

0.22 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 0.2 acres
    Lot size

  • Hot Tub Spa
    Amenities

Explore this Property

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.
MLS# 324028431

Courtesy Of Decker Bullock Dreyfus, Inc, Listed By Elizabeth Sasan

(415) 464-9300

Property Features

  • Amenities
    Lawn, Hot Tub Spa
  • Appliances
    Dishwasher, Garbage Disposer, Oven - Gas, Range - Gas, Refrigerator
  • Architecture Style
    Other
  • Heating System
    Central Furnace
  • Lot Size
    0.22 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 1380 Lincoln Avenue, San Rafael, CA 94901

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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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