Open House:
Friday, 11/15 10:00-11:30PM
Trophy Product. 440 Canal St is the most recently built property in the Canal Submarket of San Rafael. The property is comprised of two studio units and one two-story, 1 bedroom 2 bathroom unit. Additionally, the property is located directly on the Canal and features two private boat slips. This property was built in 2001, and is the most recent apartment completion in the Canal. It offers all tenants private garages, controlled access, and complete privacy, while being just a short drive away from shopping, entertainment, and employment options.
129-137 Canal St Apartments (the Property) comprised of 40 market rate units in San Rafael, California. Situated at the southern end of the North Bay, the Property provides residents convenient access to surrounding job-rich & high salaried communities in Marin County and San Francisco County. 129- 137 Canal offers attractive high in-place yields with the opportunity to increase rents Day 1 and capture a near 6% cap rate. Upon unit turnovers, strategic renovations of the 900 SF 2x1 floorplans can achieve +/- $3,200 market rents, increasing NOI by another $144,000 or 10.3%. Current ownership does not implement RUBS, allowing prospective buyers potentially $64k in future utility reimbursements annually. 129 Canal (0.57AC) and 137 Canal (0.58AC) are on separate APNs and have potential space for ADU development.
www.29leafwood.com;Beautiful duplex in prime Sun Valley neighborhood with solid current income and excellent rental upside. The downstairs is fully remodeled and will be delivered vacant at close of escrow. The property was originally built in 1961, offers approximately 1,960 square feet of living space, and sits on a 7,000 square foot lot with garage parking for both units and a spacious landscaped backyard. Both units offer 2 bedrooms and 1.5 bathrooms, 980 square feet of living space with separate garage parking and individual washer & dryers. The lower unit has been extensively remodeled with a new kitchen and bathrooms and offers new stainless-steel appliances, custom cabinets and countertops, all new paint, new carpet, new lighting, new flooring, a brick fireplace, double pane windows, and forced air heating. The property is easy to manage and is separately metered for PG&E providing for low annual operating expenses. The is an excellent Sun Valley Neighborhood at the End of a Cul-de sac near great schools, Whole Foods Market, Sprouts Farmers Market, and a variety of restaurants and coffee shops. Marin County offers world-class outdoor activities including mountain biking, road biking, hiking, and is only a short distance to San Francisco and Napa.
Beautifully remodeled duplex located near Dominican College, offering two distinct 2-bedroom, 1-bath residences. The main home features an attached two-car garage and private front and side yards. Inside, you'll find solid oak floors and fresh paint throughout. The living room boasts abundant natural light and a remote-controlled gas fireplace insert. The newly remodeled kitchen is equipped with elegant cabinetry, granite countertops, and energy-efficient appliances. An in-home laundry room with a washer and dryer for added convenience. The second unit in the back offers hardwood floors throughout and a remote-controlled gas fireplace. The kitchen has been completely updated with tile flooring, Caesarstone countertops, and stainless steel appliances. This unit also includes an in-unit laundry room with a stacked washer and dryer. Both homes feature their own gated yards and separate entrance, offering complete peace and privacy. Convenient to Montecito Plaza, San Rafael High School and many amenities.
8-units. Welcome to the Merrydale View Apartments, ideally situated at the top of a cul-de-sac on the west side of the freeway in San Rafael's vibrant Civic Center area. This two-story bread-and-butter building comprises a mix of three spacious two-bedroom and five comfortable one-bedroom apartments catering to various lifestyle preferences. Nestled against a picturesque hillside, the property offers breathtaking views across Terra Linda, providing a serene and scenic living environment. Residents can take advantage of convenient off-street parking and an on-site laundry facility. The lower units feature a charming fenced-in patio, while upper units boast a delightful view deck. Constructed in 1960, this building is wood frame on a concrete perimeter foundation.
4-units. A charming two-story fourplex situated at the desirable north end of Lincoln Avenue in San Rafael. With convenient freeway access and close proximity to downtown, the location offers convenience and ease of commute. Each apartment has an identical, spacious one-bedroom design, providing comfortable living spaces for our residents. The property features off-street parking for added convenience, along with an on-site common laundry facility. Tenants can also enjoy the expansive yard area for recreational activities. The building appears well-maintained, with energy-efficient dual pane windows recently installed, ensuring a pleasant living environment. Rents at near market.
A delightful residential triplex tucked away on a peaceful cul-de-sac off North Lincoln Avenue in San Rafael. This attractive property features three charming apartments, all elegantly remodeled with a modern touch, including brand new heating and air conditioning systems. The convenience continues with covered carport parking and an on-site laundry facility, ensuring a hassle-free living experience. The spacious back yard provides a serene open space for tenants to relax and enjoy. Constructed in 1952, the triplex is wood frame on a concrete perimeter foundation. Currently fully rented near the market, this property presents an excellent investment opportunity for a new owner.
Spacious and Sunny Duplex with Stunning Views! Welcome to this impressive duplex consisting of two townhouse-style units, located in a prime area of San Rafael. Both units are on two levels, spacious, and in excellent condition. Unit #55 features 4 bedrooms and 2 bathrooms. Unit #57 features 4 bedrooms and 3 bathrooms. Each unit is equipped with multiple terraces offering breathtaking panoramic views of Sun Valley and the San Rafael hills. The property is located near trendy shops and restaurants in the lively West End district of San Rafael. Sun Valley Elementary School, a top-rated school, is just 4 minutes away. This property combines convenience and tranquility. Whether you decide to live in one unit and rent out the other, or rent both, this duplex offers endless possibilities. Both units will be delivered vacant, making it an excellent investment opportunity.
Spacious and Sunny Duplex with Stunning Views! Welcome to this impressive duplex consisting of two townhouse-style units, located in a prime area of San Rafael. Both units are on two levels, spacious, and in excellent condition. Unit #55 features 4 bedrooms and 2 bathrooms. Unit #57 features 4 bedrooms and 3 bathrooms. Each unit is equipped with multiple terraces offering breathtaking panoramic views of Sun Valley and the San Rafael hills. The property is located near trendy shops and restaurants in the lively West End district of San Rafael. Sun Valley Elementary School, a top-rated school, is just 4 minutes away. This property combines convenience and tranquility. Whether you decide to live in one unit and rent out the other, or rent both, this duplex offers endless possibilities. Both units will be delivered vacant, making it an excellent investment opportunity.
Unique opportunity to own an amazing 2 unit home in San Rafael, close to Dominican University, Downtown San Rafael, Restaurants, Shopping, Smart Train and Golden Gate Transit. Easy access to 101. Upstairs unit will blow your mind. Walk through the front door - you feel the high ceilings, open floor plan that feature recessed lighting, living room, dining area and good size kitchen with a huge island. Both bedrooms are large with ample closet space. To top it all off the loft is huge, must see! Lower unit is 2 bedroom, 1 bath with recessed lighting, remodeled bathroom, private deck and extra room perfect for office. There is a separate storage area unit under the upper unit. 2 car parking. There is a detached storage shed. This home is perfect for the home buyer looking for an amazing home with rental income.
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.
This 3-unit building, nestled in the stunning West End area of San Rafael, is within strolling distance of both the vibrant city life of downtown San Rafael and the ever-evolving charm of San Anselmo. With easy access to the 101 freeway, the San Rafael transportation center, the SMART train, and a wealth of fabulous restaurants and shopping, this prime location offers an unparalleled lifestyle of convenience. This 1907-built property, meticulously maintained, presents a unique opportunity to own a piece of San Rafael history. Unit 102, a 3-bed, 2-bath residence, is perfect for an owner-user. The open-concept living space is ideal for both intimate family moments and grand gatherings. A detached artist studio in the sun-soaked backyard provides a peaceful artistic retreat. Unit 102A features an open kitchen, grand remodeled bathroom, and expansive windows, adorning the living spaces with natural light. Unit 102B, a cozy 1-bed, 1-bath, complete with a sunlit patio for outdoor lounging, features a kitchen that opens directly to the patio, inviting the outdoors in, while the adjacent living room offers an intimate retreat for relaxation. Each unit has laundry facilities, and the property boasts a 2-car garage, a 1-car garage, and ample street parking.
Fantastic opportunity to own a 2-unit income property in San Rafael's West End' neighborhood. Each unit enjoys private balconies and beautiful views overlooking Sun Valley. One unit will be delivered vacant. Rent both units or live in one unit and let the rent from the second unit help reduce your mortgage payment. Meticulously maintained, this property expresses true pride of ownership. Extensively renovated in 2016 with permits. Numerous upgrades include seismic retrofits (reinforced foundation, beams, and subfloors), a sewer lateral line replacement, insulation, dual-pane windows and sliding glass doors, drywall, hardwood floors, carport and concrete driveway. The kitchens and baths have been remodeled and the plumbing, electrical, and mechanical replaced throughout. The fully landscaped yards include irrigation and lighting on timers. Fully equipped with fire sprinklers, convenient laundry room, off-street (carport) parking, private storage units, and separate electric and gas meters. Close to downtown San Rafael, shopping, and public transportation. Don't let this incredible investment opportunity slip away. Schedule a showing today!
Highly sought after duplex in the Gerstle Park neighborhood of San Rafael! Identical side by side units with a very desirable 2 story townhouse style layout. Each unit is 2 bedrooms, 1.5 bathrooms, and a massive 1,677 square feet. 3,354 total square feet. Each downstairs consists of a half bathroom, open kitchen layout, dining area, and a stepped-up living room. Perfect for entertaining. Sliding glass doors connect the living room to the private deck in the backyard. Each upstairs has two oversized bedrooms, each with multiple closets, a full bathroom, linen closet, and a separate laundry room with closets. An additional deck is accessed off the front bedroom with a sliding glass door, allowing a great view overlooking the tree lined street that Gerstle Park is known for. Dual pane windows throughout and a 8 year old roof make this a sound investment, while walking distance to downtown makes this a fantastic home. Both units are tenant occupied. Tenants pay for utilities and garbage making this a minimal expense investment for landlords.
Great income investment property! This beautiful 4plex is part of a well-run, self-managed 6 building complex. Many upgraded features including granite countertops in some units, upgraded bathroom vanities, newer windows and laminate flooring. Total 5 parking spaces. One parking space for each unit with one tenant rents the 5th space. Onsite laundry available. Easy access to shopping and freeways. HOA fee $1200/ month includes common grounds maintenance and garbage.
$60K Price Reduction! Rent Ready Turnkey Sun Valley Duplex Opportunity! Located in San Rafael's desirable Sun Valley neighborhood, just under a mile from downtown and close to Andy's Market, Sun Valley Elementary, and Sun Valley Park. This move-in ready duplex is updated and requires no sweat equity! Recent improvements include a new foundation, sheetrock, beams, fire sprinklers, subfloor, Anderson windows, electrical, plumbing, siding, and carpet. Earthquake-proofed garages and a 2020 sewer lateral replacement add extra value. Professionally managed and in excellent condition. Total Estimated Market Rent: $7,500/mo. Unit 1 (Mkt Rent $4,300-4600): 3bd/3ba, 1,381 sq ft, with radiant heat, dining area, and built-in bookcases. Unit 2 (Mkt Rent $3,500, currently $3,200): 2bd/1.5ba, 977 sq ft, with a Euro-style master shower. Both units offer in-unit laundry, separate meters, 1-car garages, and a gated yard. Ideal for a range of buyers and long-term ROI!
Discover a fantastic investment opportunity with this charming tri-plex, featuring two spacious two-bedroom, one-bath units, plus a generously sized studio. Each unit offers comfortable living spaces, perfect for tenants seeking a cozy and convenient home. Key Features: New Roof: Replaced in February 2024 Below Market Rents: Providing significant potential for increased revenue. Upside for Improvements: Opportunity to enhance the property and further boost rental income and property value. Easy Commuter Access: Strategically located with convenient access to major highways and public transportation, making it ideal for commuters. Adjacent to San Pedro Mountain Preserve: Residents will enjoy the natural beauty and recreational opportunities the nearby preserve offers, creating a serene living environment. This tri-plex is a solid income-generating property and holds great potential for future appreciation. Don't miss out on this rare chance to invest in a property with so much to offer!
Discover 1380 Lincoln Ave, newly converted to residential apartment complex, located in the beautiful county of Marin, right in the heart of San Rafael. With 9 turnkey units boasting strong rents, this property presents an exceptional opportunity. Offering a diverse selection of units, including 3 studios, 4 one-bedrooms, and 2 two-bedrooms. Originally an office building, this property underwent a complete transformation in 2023, resulting in fully remodeled units featuring brand new cabinets, flooring, kitchens, bathrooms, and operating systems. Ample on-site parking, with 12 dedicated spaces available. Strong in-place rents, with built-in 3% annual increases stipulated in the leases. It's worth noting that Marin County is known for stringent regulations on multi-family construction, making opportunities like this particularly rare. Seller financing offered.
Charming side by side Duplex in the coveted West End neighborhood in San Rafael. Both turnkey units feature lovely Vintage details with hardwood flooring and dual pane windows. Larger unit boasts 1 bedroom, 1 bath plus bonus loft room/ 2nd bedroom with private deck, spacious eat-in kitchen overlooking patio and gardens. Second Sun lit unit has 1 bedroom, 1 updated bath with good sized living room with fireplace, wainscotting and an updated kitchen. The quarter acre lot spans up to Dunand Avenue. Additional amenities include, ample parking with a carport and two additional spaces, shared laundry, large basement storage area and separate meters. Minutes to the vibrant downtown area of San Rafael, with its shops and restaurants and public transportation. A rare find!
Charming Gerstle Park Neighborhood home with a detached 2nd unit. The main home has 3 bedrooms, 1 bath, and a large kitchen open to the dining area with great natural light. Features include granite countertops, dishwasher, included refrigerator, laundry hookups, and an extra parking spot behind home. The back bungalow has 1 bedroom, 1 bath, and an attached garage with loft storage. This 2nd unit also has laundry hookups, refrigerator included, and off-street parking. Zoned multi-family with separate PG&E meters. Located close to downtown, this is a great opportunity to own a multi-family property in San Rafael!
Incredible residential income property in San Rafael. The main building consists of 3 large units - 2 with outdoor garden space. One 3 bedroom and two 2 bedroom units. The back unit is a separate one bedroom cottage. All units are currently tenant occupied. Walking distance to downtown San Rafael restaurants and shops. Easy access to highways and public transportation. Great opportunity for an investor or owner-user!
The median home value in San Rafael, CA is $1,270,000. This is lower than the county median home value of $1,402,900. The national median home value is $338,100. The average price of homes sold in San Rafael, CA is $1,270,000. Approximately 48.78% of San Rafael homes are owned, compared to 47.73% rented, while 3.49% are vacant. San Rafael real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a San Rafael real estate agent to arrange a tour today!
San Rafael, California has a population of 61,158. San Rafael is less family-centric than the surrounding county with 32.11% of the households containing married families with children. The county average for households married with children is 33.06%.
The median household income in San Rafael, California is $104,521. The median household income for the surrounding county is $131,008 compared to the national median of $69,021. The median age of people living in San Rafael is 43.1 years.
The average high temperature in July is 78.1 degrees, with an average low temperature in January of 42 degrees. The average rainfall is approximately 40.6 inches per year, with 0 inches of snow per year.