20 Marian Ct

$2,850,000
Price
Beds
Baths
8,232 Sq. Ft.
$346 / Sq. Ft.
8,232
Sq. Ft.
$346
per Sq. Ft.

Description

20 Marian Court Apartments (the Property) comprised of 10 market rate units in San Rafael, California. Comprised of all 2 Bedroom, 1 Bathroom floorplans, this property is the ideal location and mix for the target demographic. In-place rents are nearly $600 below market rents and an additional $250+ in renovation premiums allowing for a value add investor to stabilize at a 6.57% cap rate.20 Marian Court Apartments (the Property) comprised of 10 market rate units in San Rafael, California. Comprised of all 2 Bedroom, 1 Bathroom floorplans, this property is the ideal location and mix for the target demographic. In-place rents are nearly $600 below market rents and an additional $250+ in renovation premiums allowing for a value add investor to stabilize at a 6.57% cap rate.
  1. Listed by Jefrey Henderson • DRE #01483399 • Brokerage DRE #01483399 • Jefrey Henderson, Broker • 415-535-7414

Property Details for 20 Marian Court

MLS City Name
SAN RAFAEL
Building Type
Other
Garage Spaces
0
Parking Spaces
12
LISTING UPDATED: 10/18/2025 11:36 AM

Property Details for 20 Marian Court

StatusActive
MLS #ML82001890
Days on Compass265
Taxes$48,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1963
Lot Size0.36 AC / 15,534 SF
CountyMarin County

Location

Listing Courtesy of Jefrey Henderson, Broker, Jefrey Henderson, DRE #01483399
Add your commute

Building Information for 20 Marian Court

Stories-Residences-Year Built1963Building Size-Lot Size0.36 AC / 15,534 SF

Payment Calculator

$18,083 per month

30 year fixed, 6.28% Interest

Principal and Interest

$14,083

Property Taxes

$4,000

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 20 Marian Court

Features
Features
  • Fireplace: No
  • Living SqFt: 8232
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Central Forced Air
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Private
  • Utilities: Individual Electric Meters
  • Water: Individual Water Meter
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 10
  • Area Text: San Rafael
  • Restrictions: None
  • Roof: Flat / Low Pitch
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 20
  • Street Name: Marian
  • Street Suffix: Court
  • Area ID: 21162
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 8232
  • Structure SqFt Source: Assessor
  • Age: 62
Development Information
  • Zoning Detail: N/A
Location Information
  • Parcel Number: 017-262-22
  • 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
Lot Information
  • Foundation: Crawl Space
  • Lot Acres: .36
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 10
General Information
  • Annual Tax Amount: $48,000
  • Capitalization Rate: 4.85
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $24,000
  • Expense Landscape: $0
  • Expense Maintenance: $13,000
  • Expense Management: $11,000
  • Expense Trash: $13,000
  • Expenses Other: $0
  • Expenses Utility: $12,000
  • Expenses Total: $121,000
  • Operating Expenses Include: Insurance, Maintenance, Utilities
  • Gross Rent Multiplier: 10.66
  • Income Annual Gross: $259,237
  • Income Annual Rental: $265,200
  • Income Gross Scheduled: $267,255
  • Income Other: $2,055
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,208
Unit Type 1
  • Unit Type1 Approx SqFt: 820

Property History for 20 Marian Court

DateEvent & SourcePriceAppreciation
May 19, 2025

Price Change

EBRD #ML82001890

$2,850,000
May 19, 2025

Price Change

MLSListings #ML82001890

$2,850,000
Apr 10, 2025

Listed (Active)

MLSListings #ML82001890

$3,000,000
Apr 10, 2025

Listed (Active)

EBRD #ML82001890

$3,000,000
Jan 31, 2022

Sold (Public Record)

Public Record #1482812569

$2,650,000
Jul 3, 2007

Listed (Active)

HGMLS #425155

$279,900
Apr 13, 1994

Sold

RESFAR #5086064

$730,000
Feb 17, 1994

Pending

RESFAR #5086064

Jul 28, 1993

Listed (Active)

RESFAR #5086064

$770,000
DateEvent & SourcePrice
05/19/2025

Price Change

EBRD #ML82001890

$2,850,000
05/19/2025

Price Change

MLSListings #ML82001890

$2,850,000
04/10/2025

Listed (Active)

MLSListings #ML82001890

$3,000,000
04/10/2025

Listed (Active)

EBRD #ML82001890

$3,000,000
01/31/2022

Sold (Public Record)

Public Record #1482812569

$2,650,000
07/03/2007

Listed (Active)

HGMLS #425155

$279,900
04/13/1994

Sold

RESFAR #5086064

$730,000
02/17/1994

Pending

RESFAR #5086064

07/28/1993

Listed (Active)

RESFAR #5086064

$770,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 20 Marian Court

Taxable ValueLand$1,236,298Additions$1,585,637Total$2,821,935
Tax Record2025$47,975 ($3,998 / month)
Home Facts
Total Finished SqFt8,232 SqFtAbove Grade Finished SqFt8,232 SqFtLot Size15,534 SqFtStyleDuplexYear Built1963Year Renovated1985CountyMARINAPN017-262-22

Schools near 20 Marian Court

This home is within San Rafael City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Bahia Vista 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.

Similar Homes

Similar Sold Homes

20 Marian Court is for sale in San Rafael, CA 94901. This property was listed for sale on April 10, 2025 by Jefrey Henderson, Broker, it's currently listed at $2,850,000. It has been on the market for a total of 265 days and was last sold on January 31, 2022. This listing's school districts are San Rafael City High School District, San Rafael City Elementary School District. Nearby schools include Bahia Vista Elementary School, James B. Davidson Middle School and Terra Linda High School. 20 Marian Court is a 0-bed, 0-bath, 8,232 sqft built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jefrey Henderson, Broker, Jefrey Henderson, DRE #01483399

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.