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Scott D. Comstock

scott@homesandwealth.com +1(559) 681-9500

Listed by Adam Foley • CBRE, Inc., DRE#02144332

$ 2,250,000

Est. payment | -/mo

1 Bed

2 Baths

4,316 SqFt

Save

$ 2,250,000

Est. payment | -/mo

Save

1 Bed

2 Baths

4,316 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,316 sqft

Price per Sqft $521

MLS Listing ID ML82058478

Bedrooms 1

Full Baths 2

Year Built 1947

Lot Size 0.253 Acres

Property Sub-Type Five or More Units

Property Description

390 Woodland Apartments (the Property) is an 8-unit multifamily asset in San Rafael, comprised of four (4) studio and four (4) one bedroom floorplans totaling approximately 4,316 rentable square feet. The compact, efficient unit mix targets the submarkets entry-level and single-renter demand. Beyond its in-place cash flow, the Property offers a rare combination of location and upside. San Rafael, the heart of a supply-constrained and highly desirable Marin County market, drives durable demand for efficient studio and one-bedroom units, give an incoming owner a clear path to reset rents to market and lift income over the near term.

Location

State CA

County Marin

Area San Rafael

Interior

Heating Wall Furnace

Cooling Other

Exterior

Parking Features Common Parking Area, Covered Parking

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Shingle

Building

Foundation Other

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 013-061-65

Security Features None

Special Listing Condition Not Applicable

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+1(559) 681-9500

scott@homesandwealth.com

Serving ALL of California, United States

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390 Woodland AVE San Rafael, CA 94901