1380 Lincoln Avenue
1380 Lincoln Avenue
$3,875,000
4
4
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Description
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,...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.
- Listed by Elizabeth Sasan • DRE #01433542 • Brokerage DRE #02027353 • Golden Gate Sotheby's International Realty
Property Details for 1380 Lincoln Avenue
View Description
Varies by Unit
Cross StreetPaloma
Total Parking Spaces12
Location
LISTING UPDATED: 04/19/2024 08:02 AM
Property Details for 1380 Lincoln Avenue
Status | Active |
---|---|
MLS # | 324028431 |
Days on Compass | 13 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | - |
Lot Size | 0.22 AC / 9,500 SF |
County | Marin County |
Location
Building Information for 1380 Lincoln Avenue
Stories-Residences-Year Built-Building Size-Lot Size0.22 AC / 9,500 SF
Payment Calculator
$22,435 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1380 Lincoln Avenue
Property History for 1380 Lincoln Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1380 Lincoln Avenue
Taxable ValueLand$627,300Additions$392,700Total$1,020,000
Tax Record2023$15,454 ($1,288 / month)
Home Facts
Total Finished SqFt5,130 SqFtAbove Grade Finished SqFt5,130 SqFtLot Size9,500 SqFtStyleMiscellaneous CommercialYear Built1965CountyMARINAPN011-145-13
Schools near 1380 Lincoln Avenue
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 |
---|---|---|
Coleman 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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