$3,450,000
1380 Lincoln Avenue, San Rafael, CA 94901
— bd · — ba · 5,130 sqft · Built 1965
About This Property
Positioned in the heart of San Rafael, 1380 Lincoln Avenue offers a rare opportunity to acquire a fully repositioned 9-unit asset in one of Marin County's most supply-constrained rental markets. Converted from office to residential use in 2023, the property delivers modern, low-maintenance living with strong in-place income already established. The unit mix3 studios, 4 one-bedrooms, and 2 two-bedroomscaters to a broad tenant base, while extensive renovations throughout provide turnkey ownership. Each unit features updated kitchens and baths, contemporary finishes, and upgraded systems, minimizing near-term capital expenditures. With 10 on-site parking spaces and leases structured with annual increases, the asset combines day-one cash flow with built-in growth. For investors seeking stability, quality, and long-term upside in Marin, 1380 Lincoln Avenue checks all the boxes.
Property Details
Listing Information
Listing Courtesy of: Elizabeth Sasan — City Real Estate
MLS# 239768056
Information is deemed reliable but not guaranteed. Posted under reciprocity agreement, BAREIS MLS.
