1240 4th St
Description
- Listed by Neel Bhatia • DRE #01464424 • Brokerage DRE #01908304 • Coldwell Banker Realty • 408-828-4024
Property Details for 1240 4th Street
Property Details for 1240 4th Street
| Status | Active |
|---|---|
| MLS # | ML82002642 |
| Days on Compass | 254 |
| Taxes | $41,881 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family 5+ |
| MLS Type | 5+ Units / Five or More Units |
| Year Built | 1893 |
| Lot Size | 0.21 AC / 8,956 SF |
| County | Marin County |
Location
Building Information for 1240 4th Street
Payment Calculator
$25,726 per month
30 year fixed, 6.28% Interest
$22,236
$3,490
$0
Property Information for 1240 4th Street
- Fireplace: No
- Living SqFt: 10894
- Pool: No
- Security Features: None
- Special Features: Other
- Cooling: None
- Heating: Other
- Meters: Separate Electric
- Sewer Septic: Sewer Connected
- Utilities: Public Utilities
- Water: Public
- Carport Min: 0
- Garage and Parking: On Street
- HOA Exists: 0
- HOA Fee: $0
- Min Num Of Units in Complex: 13
- Area Text: San Rafael
- Restrictions: None
- Roof: Shingle
- Subclass: Five or More Units
- Year Built Source: Other
- Street Number: 1240
- Street Name: 4th
- Street Suffix: Street
- Area ID: 21162
- Number of Buildings: 1
- Structure SqFt: 10894
- Structure SqFt Source: Assessor
- Age: 132
- Zoning Detail: R3
- Parcel Number: 011-212-17
- County Name: Marin
- City Name: SAN RAFAEL
- City Postal ID: 225
- Postal Code: 94901
- Elementary School District: 1884
- High School District Text: San Rafael City High
- Foundation: Concrete Perimeter
- Lot Acres: .21
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Lot Size Source: Assessor
- No Of Leased: 13
- Annual Tax Amount: $41,881
- Capitalization Rate: 5.77
- Tenant Expenses: Utilities - Electric, Utilities - Gas
- Income Includes: Laundry
- Vacancy Factor: 2
- Expense Insurance: $5,039
- Expense Landscape: $0
- Expense Maintenance: $6,500
- Expense Management: $17,342
- Expense Trash: $0
- Expenses Other: $27,852
- Expenses Utility: $21,600
- Expenses Total: $120,214
- Operating Expenses Include: Fee - Property Tax
- Gross Rent Multiplier: 11.60
- Income Annual Gross: $380,019
- Income Annual Rental: $385,374
- Income Gross Scheduled: $387,774
- Income Other: $2,400
Property History for 1240 4th Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 6, 2025 | Price Change EBRD #ML82002642 | $4,500,000 | — |
| Nov 6, 2025 | Price Change MLSListings #ML82002642 | $4,500,000 | — |
| Apr 15, 2025 | Listed (Active) MLSListings #ML82002642 | $4,750,000 | — |
| Apr 15, 2025 | Listed (Active) EBRD #ML82002642 | $4,750,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/06/2025 | Price Change EBRD #ML82002642 | $4,500,000 |
| 11/06/2025 | Price Change MLSListings #ML82002642 | $4,500,000 |
| 04/15/2025 | Listed (Active) MLSListings #ML82002642 | $4,750,000 |
| 04/15/2025 | Listed (Active) EBRD #ML82002642 | $4,750,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1240 4th Street
Schools near 1240 4th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Sun Valley Elementary School PublicK to 5 | ||
James B. Davidson Middle School Public6 to 8 | ||
Terra Linda High School Public9 to 12 | ||
San Rafael High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Coldwell Banker Realty, Neel Bhatia, DRE #01464424
Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.