$1,364,000
SOLD FEB 25, 2025
4 Beds
10 Baths
2,080 Sq Ft
4,604 Sq Ft Lot

Recently Sold

$656 Per Sq Ft

9% Below List Price

94 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Laundry Facilities
  • Terra Linda High School Rated A-
  • Private Yard
  • Heating Available

About This Home

As of February 2025

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.

Last Agent to Sell the Property

Michael Burke

Golden Gate Sotheby's License #00454938 Listed on: 10/11/2024

Golden Gate Sotheby's

Co-Listed By

Pamela Burke

Golden Gate Sotheby's License #02156257

Last Buyer's Agent

Aref Ahmadia

West End Properties License #01011093

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 4,604 Sq Ft Lot
  • Corner Lot
  • Private Yard

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 4 Bedrooms
  • 2,080 Sq Ft Home
  • 2-Story Property
  • Leased Washer and Dryer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Heating Available
  • Individual Gas Meter

Community Details

  • 4 Units
  • Laundry Facilities
  • Gross Income $120,900

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 011-041-08

Property Details

Home Type

Multi-Family

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Directions To Property: North end of Lincoln Ave or from the North, Lincoln Ave exit and you are there.
  • Lot Size Acres: 0.1057
  • CapRate: 5.60
  • Levels: Two
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Contemporary
  • Reso Window Features: Dual Pane Full
  • Special Features: None

Interior Features

  • Square Footage: 2080.00
  • NumberOfBuildings: 1

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Slab
  • Lot Features: Corner, Cul-De-Sac
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • ExteriorFeatures: Yard Space

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 4.00
  • OpenParkingSpaces: 4.00

Utilities

  • Cooling: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Electric
  • Laundry Features: Coin Operated, Washer/Dryer Leased
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 011-041-08
  • Lot Size Sq Ft: 4604.00

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1957

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 2400-2425
  • Number Of1 Bedrooms Occupied: 4
  • Number of 1 Bedroom Units: 4
  • NumberOfUnitsTotal: 4

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Sold $1,364,000 -9.1% $656 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
10/11/2024 10/11/24 For Sale $1,500,000 +78.6% $721 / Sq Ft
09/25/2013 09/25/13 Sold $840,000 0.0% $404 / Sq Ft
09/04/2013 09/04/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $840,000 -- $404 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324081801

Bay Area Real Estate Information Services (BAREIS)

APN: 011-041-08