1380 Lincoln Avenue
San Rafael,
CA
94901
Property Details
List Price: |
$3,875,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
-- |
Agency: |
Decker Bullock Dreyfus, Inc |
Description/Comments
Lot Size: |
-- |
Property Type: |
Other |
Year Built: |
-- |
Notes: |
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. |
MlsNumber: |
324028431 |
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Listing Provided By: |
Decker Bullock Dreyfus, Inc, original listing |
Name: |
Decker Bullock Dreyfus, Inc |
Phone: |
(415) 384-4008 |
Office Name: |
Golden Gate Sotheby's International Realty |
Office Phone: |
(415) 464-9300 |
Agent Name: |
Elizabeth Sasan |
Disclaimer: |
Copyright © 2024 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |