1704 Lincoln Avenue San Rafael, CA 94901
Located in coveted Marin County, this 12-Unit apartment complex presents a rare opportunity to acquire a turn-key investment property with strong in-place rents. Featuring an excellent unit mix of six (6) 2-bedroom, 1-bath units and six (6) 1-bedroom, 1-bath units, this property benefits from historically high occupancy and is located just minutes away from downtown San Rafael. All twelve units were fully remodeled in 2018. The kitchens feature granite countertops, all new cabinets, stainless-steel appliances and new flooring. The bathrooms have new vanities, fixtures, tile surrounds and flooring. The property has been consistently maintained under the current ownership, features numerous upgrades in recent years, and generates additional income through a convenient on-site laundry facility. Tenant amenities include a swimming pool, on-site covered parking and private fenced yards or decks. Great investment opportunity.
property details
Interior Features
Utility & Building Info
Price History
| date | event | price | source |
|---|---|---|---|
|
12/01/2022
12/01/2022
|
Sold |
$5,350,000
|
Bay Area |
|
11/04/2022
11/04/2022
|
Pending |
$5,650,000
|
Bay Area |
|
10/01/2022
10/01/2022
|
Contingent |
$5,650,000
|
Bay Area |
|
09/22/2022
09/22/2022
|
Active |
$5,650,000
|
Bay Area |
Market Trends
Source: Constellation1
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