9 Completely Rebuilt Units - Excellent San Rafael Location 1380 Lincoln Avenue San Rafael, California 94901 United States
1380 Lincoln Avenue San Rafael, California 94901 United States
$3,875,000
- 11
- Bedrooms
- 9
- Full Baths
- 5,130 Sq Ft.
- Interior
- .22 Acres
- Exterior
- Multi-Family Homes
- Property type
- 1965
- Year Built
- SZT3LV
- Web Id
- 323040305
- MLS ID
- 305
- days ago
About 1380 Lincoln Avenue
Discover 1380 Lincoln Avenue, 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.
Amenities
- Walk-in Closet
features
- Style
- Contemporary