1380 Lincoln AVE, San Rafael, CA 94901
1380 Lincoln AVE, San Rafael, CA 94901
1380 Lincoln AVE, San Rafael, CA 94901
1380 Lincoln AVE, San Rafael, CA 94901
1380 Lincoln AVE, San Rafael, CA 94901
1380 Lincoln AVE, San Rafael, CA 94901
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Michael Belluomini

Michael Belluomini

+1(415) 589-0175
Listed by Elizabeth Sasan • City Real Estate • City Real Estate
City Real Estate
$ 3,450,000
Est. payment | /mo

1,020 Beds

3 Baths

5,130 SqFt

Save
$ 3,450,000
Est. payment | /mo
Save

1,020 Beds

3 Baths

5,130 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,130 sqft

Price per Sqft $672

MLS Listing ID 326020653

Bedrooms 1020

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1965

Lot Size 9,500 Sqft

Property Sub-Type 5 or More Units

Property Description

Positioned in the heart of San Rafael, 1380 Lincoln Avenue offers a rare opportunity to acquire a fully repositioned 9-unit asset in one of Marin County's most supply-constrained rental markets. Converted from office to residential use in 2023, the property delivers modern, low-maintenance living with strong in-place income already established. The unit mix3 studios, 4 one-bedrooms, and 2 two-bedroomscaters to a broad tenant base, while extensive renovations throughout provide turnkey ownership. Each unit features updated kitchens and baths, contemporary finishes, and upgraded systems, minimizing near-term capital expenditures. With 10 on-site parking spaces and leases structured with annual increases, the asset combines day-one cash flow with built-in growth. For investors seeking stability, quality, and long-term upside in Marin, 1380 Lincoln Avenue checks all the boxes.

Location

State CA

County Marin

Area San Rafael

Interior

Heating Central

Cooling Ceiling Fan(s), None

Flooring Carpet, Simulated Wood, Varies by Unit

Exterior

Parking Features Uncovered

Garage Spaces 10.0

Utilities Available City, Sewer Connected

Roof Type Composition

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Contemporary, Other

Construction Status Updated/Remodeled

Others

Special Listing Condition None

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Michael Belluomini

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(415) 589-0175

michael@livesonomamarin.com

385 Bel Marin Keys Blvd Ste A Novato CA 94949

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1380 Lincoln AVE