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Darin Franzen

[email protected] +1(408) 316-7344

Listed by Jefrey Henderson • Jefrey Henderson, Broker

$ 3,450,000

Est. payment -/mo

Save

Pending

515 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 Pending

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

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

10

Adaline E. Kent Middle School

Public | 5 - 8
9

Brookside Elementary School

Public | KG - 5
9

Wade Thomas Elementary School

Public | KG - 5
9

Ross Elementary School

Public | KG - 8
9

Sun Valley Elementary School

Public | KG - 5
8

Hidden Valley Elementary School

Public | KG - 5
8

Vallecito Elementary School

Public | KG - 5
8

Hall Middle School

Public | 5 - 8
8

Neil Cummins Elementary School

Public | KG - 4
7

Anthony G. Bacich Elementary School

Public | KG - 4
5

Laurel Dell Elementary School

Public | KG - 5
5

Coleman Elementary School

Public | KG - 5
4

Marin County Special Education

Public | KG - 12
4

Venetia Valley Elementary School

Public | KG - 8
3

Short Elementary School

Public | KG - 2
1

Bahia Vista Elementary School

Public | KG - 5
1

San Pedro Elementary School

Public | KG - 5
0

San Anselmo Montessori School

Private | PK - KG
0

St Anselm School

Private | 1 - 8
0

Irine M Hunt School of Marin

Private | 1 - 12

Middle Schools 3

5

James B. Davidson Middle School

Public | 6 - 8
0

Real School

Private | 7 - 8
0

Marin County Community

Public | 6 - 12

High Schools 13

10

Redwood High School

Public | 9 - 12
9

Tamiscal High (Alternative)

Public | 9 - 12
8

Sir Francis Drake High School

Public | 9 - 12
7

Terra Linda High School

Public | 9 - 12
6

San Rafael High School

Public | 9 - 12
0

The Branson School

Private | 9 - 12
0

Marin County Regional Occupational Program

Public | 9 - 12
0

Marin Catholic High School

Private | 9 - 12
0

Marin Academy

Private | 9 - 12
0

The Marin School

Private | 9 - 12
0

Phoenix Academy

Public | 9 - 12
0

San Andreas High (Continuation)

Public | 10 - 12
0

Madrone High Continuation

Public | 9 - 12

School and business data provided by Attom Data.

Darin Franzen

Agent | License ID: 02120146

+1(408) 316-7344

Darin Franzen

515 B ST San Rafael, CA 94901

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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515 B ST