NOT LISTED FOR SALE
3 Beds
6 Baths
1,782 Sq Ft
4,792 Sq Ft Lot

Last Sold February 16, 2024

Last sale price $1,075,000 $603 Per Sq Ft

58 Days on Market

Highlights

  • 3 Car Attached Garage
  • Garden
  • 1-Story Property
  • Terra Linda High School Rated A-

About This Home

As of February 2024

Fantastic opportunity to purchase this terrific triplex with three-car attached garage and large backyard area in a great central San Rafael location! Each unit is identical in layout, measuring approximately 600 s.f. with 1 bedroom, a large living area with dining space, a full kitchen, and a full bathroom with shower over tub. The value-add of this property is the large upper backyard area. (Think expansion of current building, ADU, etc. Check with City of San Rafael for restrictions). The exterior was recently painted (October 2023). All units are currently occupied on a month-to-month basis. Update interiors to achieve maximum rental income. Located in close proximity to public transportation, including the San Rafael Transit Center with buses and the SMART train. Also only a few blocks to San Rafael's beloved 4th Street, with a multitude of shops and restaurants. Buy as an investment and expand to the property's fullest potential!

Last Agent to Sell the Property

Jennifer Harris-Marks

Coldwell Banker Realty License #01468015 Listed on: 11/28/2023

Coldwell Banker Realty

Last Buyer's Agent

Jennifer Harris-Marks

Coldwell Banker Realty License #01468015 Listed on: 11/28/2023

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 4,792

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Triplex
  • Side-by-Side

Utilities

  • No Cooling
  • Wall Furnace

Additional Features

  • 1-Story Property
  • Garden

Community Details

  • 3 Units
  • Gross Income $60,180

Listing and Financial Details

  • Assessor Parcel Number 011-143-07

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Apartments
  • Directions To Property: From 101 North-Exit Central San Rafael; (L) Mission;(R) Lincoln From 101 South-Exit Lincoln Ave.
  • Stories: 1
  • CapRate: 2.00
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Garden

Garage/Parking

  • Parking Features: Attached, Covered, Garage Door Opener, Off Street, Side-by-Side
  • Total Parking Spaces: 3.00
  • Garage Spaces: 3.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Other

Lot Info

  • Assessor Parcel Number: 011-143-07

Building Info

  • Year Built: 1948

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 1714
  • Number Of1 Bedrooms Occupied: 3
  • Number of 1 Bedroom Units: 3
  • NumberOfUnitsTotal: 3

Range of Values:

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Average Value
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List Price
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
02/16/2024 02/16/24 Sold $1,075,000 -6.9% $603 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
11/28/2023 11/28/23 For Sale $1,155,000 -- $648 / 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: 323925866

Bay Area Real Estate Information Services (BAREIS)

APN: 011-143-07