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1893 Lincoln Avenue, San Rafael, CA 94901

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For Sale

$1,395,000

0.17 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

For investors seeking a stabilized asset with proven income and additional upside through renovations and rent growth. 1893 Lincoln Ave is a prime opportunity in one of the Bay Area's most resilient rental markets. This building presents a rare investment opportunity in the heart of Central San Rafael. This well-maintained 6-unit multifamily property is comprised entirely of 1-bedroom, 1-bathroom units, offering consistency in layout and strong renter demand. Each unit is currently occupied, providing immediate cash flow for the next owner. Two of the units have been thoughtfully updated and are achieving rents near market value, showcasing the income potential available with further improvements. The property is priced attractively at $1,395,000 ($232,500 per unit) with an in-place 4.4% CAP rate, making it an attractive multifamily offering in Marin County. San Rafael continues to be one of the most desirable rental markets in the North Bay due to its central location, strong job base, and excellent transit access. The property sits just off Highway 101, offering quick connectivity to the rest of Marin, Sonoma, and San Francisco. Also minutes from SMART Train, downtown San Rafael, shopping, and local dining, further enhancing tenant appeal.
MLS# 325082131

Courtesy Of Decker Bullock Dreyfus, Inc, Listed By Nicholas Saribalis

(415) 456-1200

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.17 Acres

Home seller CENTURY 21 Epic

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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