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1242 4th St
San Rafael, CA 94901 Downtown San Rafael

$4,750,000 USD

Apartments For Sale • 10,894 SF

Property Details

Property Type Apartments
Total Building Size 10,894 SF
Lot Size 0.2 AC
Building Class C
Year Built 1893
Cap Rate 5.51 %
Zoning CMU

53 Transit Score

98 Walk Score

                
                    Highlights
                
                                Current 5.77% CAP!  Current 11.6 GRM!
                            
                                Brand New Electrical Upgrade!
                            
                                First time on Market in 25 Years!
                            
                                Extremely Well Maintained & Self Managed Asset
                            
                                New Roof in 2023
                            
                                ABSOLUTE PRIME, DOWNTOWN SAN RAPHAEL LOCATION!

Financial Summary

Cap Rate:

5.51 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Amici's East Coast Pizzeria

Amenities

Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
San Rafael Smart (Main Line - Sonoma Marin Area Rail Transit)	1 min	9 min	0.5 mi
Marin Civic Center Smart (Main Line - Sonoma Marin Area Rail Transit)	7 min	-	4.0 mi
Airport	Drive	Walk	Distance
San Francisco International	50 min	-	31.3 mi
Metro Oakland International	43 min	-	31.4 mi

Neel Bhatia 408-828-4024 Coldwell Banker

1242 4th St San Rafael, CA 94901 Downtown San Rafael