$2,200,000

Estimated payment $14,409/month

3 Beds
11 Baths
3,204 Sq Ft
$687 Price per Sq Ft

About This Home

Welcome to 37 Pacheco Street, San Rafael. This well maintained 6-unit multifamily investment opportunity was built in 1974 and totaling approximately 3,204 square feet. The property consists of three studio units and three one-bedroom units. Three of the apartments have been extensively renovated with modern kitchens, updated bathrooms, and refreshed living spaces. Each unit is individually metered for electricity and features its own HVAC system, along with in-unit washer and dryer, offering tenants convenience and privacy, and enhancing the desirability of future prospects. The exterior of the property includes nine off-street parking spaces, a new TPO roof installed in 2022, and private patios for tenants enjoyment. This professionally managed and consistently maintained apartment complex presents a compelling opportunity for investors seeking a stable, turnkey asset in the heart of Marin County.

Listing Agent

Daniel Silewicz

North Bay Property Advisors License #01988015 Listed on: 06/25/2025

Co-Listing Agent

Brian Tarkenton

North Bay Property Advisors License #02040965

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 7,318 Sq Ft Lot

Interior Spaces

  • 3,204 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Parking

  • 9 Parking Spaces
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Community Details

  • 6 Units
  • Gross Income $155,101

Listing and Financial Details

  • Assessor Parcel Number 011-185-09

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Google it.
  • Lot Size Acres: 0.1680
  • CapRate: 4.10
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Square Footage: 3204.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Other

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 9.00

Utilities

  • Cooling: Wall Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: In Each Unit
  • Separate Meters: Electricity

Lot Info

  • Assessor Parcel Number: 011-185-09
  • Lot Size Sq Ft: 7318.00

Rental Info

  • TenantPays: Electricity

Building Info

  • Year Built: 1974

Multi Family

  • 1 Bedroom Rent Range: 1,500 to 3,000
  • Number Of1 Bedrooms Occupied: 3
  • Number of 1 Bedroom Units: 3
  • Number of Studio Units: 3
  • NumberOfUnitsTotal: 6
  • Number Studios Occupied: 3

Map

Range of Values:

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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
06/25/2025 06/25/25 For Sale $2,200,000 -- $687 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325058774

Bay Area Real Estate Information Services (BAREIS)

APN: 011-185-09