1380 Lincoln Avenue San Rafael, CA 94901
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyMarin
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site12 Days
- MLS StatusActive
- MLS ID Number324028431
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.2181 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Off StreetUncovered
- Parking Spaces 12
- Sewer Public Sewer
- Number of Stories 220
- Acreage 0.2181
- Security Carbon Mon DetectorDouble Strapped Water HeaterFire AlarmSecurity System LeasedSmoke Detector
- Green Energy Efficient Appliances
- Cross Street Paloma
- Garage Spaces 0
- Attached Garage No
- Foundation Concrete Perimeter
- Property Condition Updated/ Remodeled
Interior Features
- Cooling None
- Heating Central
- Appliances DishwasherDisposalFree Standing Gas OvenFree Standing Gas RangeFree Standing Refrigerator
- Flooring Simulated Wood
- Laundry Features In Each Unit
- Window Features Dual Pane FullWindow Screens
Exterior Features
- Roof Composition
- View Varies by Unit
- Waterfront Property No
- Exterior Fenced YardYard Space
- Lot CornerShape RegularSidewalk
- Patio And Porch Enclosed PatioUncovered PatioVaries by Unit
Community Features
- Association Dues 0
- MLS Area San Rafael
- Security Features Carbon Mon DetectorDouble Strapped Water HeaterFire AlarmSecurity System LeasedSmoke Detector