$3,300,000
$3,450,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
1380 Lincoln AVE San Rafael, CA 94901
5,130 SqFt
Key Details
Sold Price $3,300,000
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,130 sqft
Price per Sqft $643
MLS Listing ID 326020653
Sold Date 08/20/26
Style Contemporary,Other
HOA Y/N No
Year Built 1965
Lot Size 9,500 Sqft
Acres 0.2181
Property Sub-Type 5 or More Units
Property Description
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.
Location
State CA
County Marin
Area San Rafael
Rooms
Basement None
Interior
Heating Central
Cooling Ceiling Fan(s), None
Flooring Carpet, Simulated Wood
Appliance Dishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Refrigerator
Laundry In Unit
Exterior
Utilities Available City
Waterfront Description Public
Roof Type Composition
Accessibility Roll-In Shower
Porch Balcony/Deck, Enclosed Patio
Total Parking Spaces 10
Private Pool No
Building
Lot Description Auto Sprinkler F&R, Landscape Front, Sidewalk
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Contemporary, Other
Others
Tax ID 01114513
Security Features Carbon Monoxide Detector(s),Double Strapped Water Heater,Fire Alarm,Smoke Detector(s)
Financing Cash
Special Listing Condition Standard
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