255 Channing Way San Rafael, CA 94903
28 bed / 2 bath / 13,300 Sq. Ft. / 30,549 Sq. Ft., 0.701 acres lot size / Multi-Family
Status: Sold
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This 14-unit apartment building offers a turn key investment opportunity in a sought-after area. The property has been well-maintained and features recently remodeled units, including new floors, updated kitchens, and modern appliances. Each apartment is spacious, with plenty of natural light throughout. The building benefits from a history of strong occupancy rates and high rental demand, providing steady income potential. Additionally, it has been optimized for low operating costs with separate PG&E meters and a partial Ratio Utility Billing System (RUBS) in place. Ideal for investors, this property offers long-term stability and an attractive return on investment due to its solid rental market and low expenses.
property details
Type
Multi-Family
Status
Closed
County
Marin
Year Built
1965
Sq. Ft.
13,300
Lot Size
30,549 Sq. Ft., 0.7 acres
Listing Id
324073256
Courtesy Of
Michael Johnston - Berkshire Hathaway Drysdale Pr mike@johnstoncre.com
List Office Phone
+1 (925) 640-0490
Interior Features
Beds
28
Full Baths
2
Living Area Units
Sq. Ft.
Bathrooms Total
2
Exterior Features
Parking
Carport
Stories
2
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Building Area Total
13,300 Sq. Ft.
Architectural Style
2 Story
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the above MLS system. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Drysdale Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Price History
| date | event | price | source |
|---|---|---|---|
|
07/01/2025
07/01/2025
|
Sold |
$4,700,000
|
San Francisco Association of Realtors |
|
06/12/2025
06/12/2025
|
Pending |
$5,600,000
|
San Francisco Association of Realtors |
|
01/16/2025
01/16/2025
|
Active |
$5,600,000
|
San Francisco Association of Realtors |
|
10/02/2024
10/02/2024
|
Active |
$6,000,000
|
San Francisco Association of Realtors |
|
09/19/2024
09/19/2024
|
Off Market |
$6,000,000
|
San Francisco Association of Realtors |
|
09/13/2024
09/13/2024
|
Active |
$6,000,000
|
San Francisco Association of Realtors |
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Market Trends
Source: Constellation1
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