CA > San Rafael
San Rafael, CA 94901,517 B ST
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San Rafael, CA 94901,517 B ST
San Rafael, CA 94901,517 B ST
San Rafael, CA 94901,517 B ST
San Rafael, CA 94901,517 B ST
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Alan Canas

Alan Canas

+1(415) 298-8940
Listed by Jefrey Henderson • Jefrey Henderson, Broker
$ 3,450,000
Est. payment /mo
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517 B ST San Rafael, CA 94901

1 Bed

1 Bath

5,342 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,342 sqft

Price per Sqft $645

MLS Listing ID ML82013904

Bedrooms 1

Full Baths 1

Year Built 1975

Lot Size 0.317 Acres

Property Sub-Type Five or More Units

Property Description

515 B Street is a premier investment opportunity for local ownership groups to own the Brookside Apartments, a boutique multifamily property located in the Gerstle Park market of San Rafael. The property was built in 1975 and boats 10 one-bedroom, one-bathroom units on a quiet street near downtown San Rafael. The location attracts high-quality tenants with substantial rental upside through programmatic A+ finishes. This opportunity boasts high in-place rents and ownership has done significant capital improvements including, but not limited to, seismic retrofit completed, roof replaced with 60mil TPO, SB 721 Balcony Inspection & repairs completed. The Brookside Apartments is a nearly turnkey investment with rental upside.

Location

State CA

County Marin

Area San Rafael

Interior

Heating Central Forced Air - Gas

Cooling Central Forced Air - Gas

Exterior

Parking Features Assigned Spaces

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Foam

Building

Foundation Concrete Slab

Sewer Unknown

Water Individual Water Meter

Others

Restrictions None

Tax ID 012-157-23

Security Features Other

Special Listing Condition Not Applicable

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Alan Canas

PRIVATE OFFICE ADVISOR & LICENSED PARTNER | Realtor® | License ID: CA DRE #01793936

+1(415) 298-8940

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517 B ST