1533 Lincoln Avenue

San Rafael, CA 94901

$1,925,000
Price
3
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Subject property, a 4-unit multifamily property, includes an adjacent 2nd parcel for multifamily, residential development in San Rafael, California. This is a rare opportunity for an investor to purchase an in-fill development site, with a current cash-flow, allowing investors an 3.83% return on investment as they begin the entitlement/development process with the City of San Rafael. The location has a zoning designation of HR1, high-density multifamily residential, which is the highest density allowed...

Property Details for 1533 Lincoln Avenue

Architectural Style
Bungalow
View Description
Downtown

Location

Listing Courtesy of Marcus & Millichap, Erich M Reichenbach, DRE #01860626

Property Details for 1533 Lincoln Avenue

StatusActive
MLS #321019621
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1925
Lot Size0.29 AC / 12,750 SF
CountyMarin County

Contact a Compass agent

Location

Listing Courtesy of Marcus & Millichap, Erich M Reichenbach, DRE #01860626

Building Information for 1533 Lincoln Avenue

Stories2Residences-Year Built1925Building Size-Lot Size0.29 AC / 12,750 SF

Payment Calculator

$6,451 per month

30 year fixed, 2.95% Interest

Principal and Interest

$6,451

Property Taxes

HOA Dues

$0

Property Information for 1533 Lincoln Avenue

Summary
    Location and General Information
  • Area/District: San Rafael
  • Area Short Display: A2300
  • City: San Rafael
  • County: Marin
  • State: CA
  • Cross Street: Grand Ave
  • Directions to Property: Central San Rafael to Lincoln Ave.
  • Zip Code: 94901
  • Zip Plus 4: 1961
  • Signs: Yes
    Taxes and HOA Information
  • Association: No
  • Association Fee: $0
  • APN: 011-092-26
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
    Parking
  • Parking Features: Garage, Off Street
  • Carport Spaces: 0
  • Garage Spaces: 2
  • Total Parking Spaces: 5
  • Open Parking Spaces: 0
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Tandem Parking Spaces: 0
Property
    Lot Information
  • Year Built: 1925
  • Square Footage: 0.0
  • Year Built Source: Other
  • Lot Size Acres: 0.2927
  • Lot Size Units: Acres
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 12750.0
  • Lot Features: Landscape Back, Landscape Front, Sidewalk
    Property and Assessments
  • Picture Count: 32
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change. Copyright © 2021 Bay Area Real Estate Information Services, Inc. All rights reserved. Copyright 2021 Rapattoni Corporation. All rights reserved.
  • Actual or Scheduled: Actual
  • Gross Rent Multiplier: 15.08
    Utilities
  • Sewer: Sewer Public
  • Water Source: Water Public
  • Separate Meters: Electricity, Gas
  • Utilities: Internet Available
Interior and Exterior Features
    Exterior Features
  • Foundation: Concrete, Concrete Perimeter
  • Stories: 2
  • Levels: 2 Story
  • Roof: Composition, Shingle
  • # of Floors: 0
    Interior Features
  • Heating: Central, Wall Furnace
  • Cooling: Other
  • Flooring: Carpet, Tile, Wood
  • Laundry Features: Coin Operated
  • # of Guest Space(s): 0
Multi Family
    1 Bedroom Unit
  • # of 1 Bedroom Units: 1
  • 1 Bedroom Rent Range: 1730
  • 1 Bedroom Annual Occupancy: 98.00%
  • # of 1 Bedrooms Occupied: 1
    2 Bedroom Unit
  • # of 2 Bedroom Units: 1
  • 2 Bedroom Rent Range: 2250
  • 2 Bedroom Annual Occupancy: 98.00%
  • # of 2 Bedrooms Occupied: 1
    3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Rent Range: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
    4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Rent Range: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
    Income & Expenses
  • Gross Scheduled Income: $79,560.00
    Multi-Family Information
  • # Commercial Units: 0
  • # Of Buildings: 1
  • # Of Units Total: 4
  • # of Studio Units: 2
  • # Studios Occupied: 2
    Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Description: Studio
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 # of Rooms: 3
    Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Description: 2 Bedroom
  • Unit 2 Full Baths: 1
  • Unit 2 SqFt Source: Owner
  • Unit 2 # of Rooms: 5
    Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Description: Studio
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 SqFt Source: Owner
  • Unit 3 # of Rooms: 3
    Unit 4
  • Unit 4 Bedrooms: 1
  • Unit 4 Description: 1 Bedroom
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 # of Rooms: 4

Property History for 1533 Lincoln Avenue

DateEvent & SourcePriceAppreciation
Mar 30, 2021

Listed (Active)

REBAREIS #321019621

$1,925,000
Jan 1, 2014

Sold (Public Record)

Public Record #391253080

$38,000
DateEvent & SourcePrice
03/30/2021

Listed (Active)

REBAREIS #321019621

$1,925,000
01/01/2014

Sold (Public Record)

Public Record #391253080

$38,000

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

Public Records for 1533 Lincoln Avenue

Taxable ValueLand$107,490Additions$93,750Total$201,240
Tax Record2020$7,816 ($651 / month)
Home Facts
Total Finished SqFt1,803 SqFtAbove Grade Finished SqFt1,803 SqFtLot Size12,748 SqFtStyleMulti-Family Dwelling (2-4)Year Built1925Year Renovated1935CountyMARINAPN01109226

Schools near 1533 Lincoln Avenue


SchoolTypeGradesDistanceRating
Coleman Elementary SchoolPublicK-50.4 mi
5
Saint Raphael Elementary SchoolPrivateK-80.6 mi
NR
Marin AcademyPrivate9-120.8 mi
NR
San Rafael High SchoolPublic9-121.0 mi
5

Coleman Elementary School

K-5, 0.4 mi, Public

5

Saint Raphael Elementary School

K-8, 0.6 mi, Private

NR

Marin Academy

9-12, 0.8 mi, Private

NR

San Rafael High School

9-12, 1.0 mi, Public

5

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

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Similar Sold Homes

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1533 Lincoln Avenue is a multi-family home for sale in San Rafael, CA 94901. This property was listed for sale on March 30, 2021 by Marcus & Millichap at $1,925,000. It has been on the market for a total of 45 days and was last sold on January 2, 2014. This listing's school districts are San Rafael City Elementary School District, San Rafael City High School District. Nearby schools include Coleman Elementary School, Saint Raphael Elementary School and Marin Academy. 1533 Lincoln Avenue is a 3-bed, 4-bath, multi-family home built in 1925. This address can also be written as 1533 Lincoln Ave.

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 expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Erich M Reichenbach, DRE #01860626

Based on information from the San Francisco Association of Realtors as of 03/30/2021 12:00 AM, the MLSListings MLS as of 03/30/2021 12:00 AM, or the BAREIS MLS as of 03/30/2021 12:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/30/2021 11:15 AM