San Rafael, CA 94901,515 B Street
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San Rafael, CA 94901,515 B Street
San Rafael, CA 94901,515 B Street
San Rafael, CA 94901,515 B Street
San Rafael, CA 94901,515 B Street
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Listed by Jefrey Henderson • Jefrey Henderson, Broker
$ 3,450,000
Est. payment /mo
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Active

515 B Street San Rafael, CA 94901

5,342 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,342 sqft

Price per Sqft $645

MLS Listing ID ML82013904

HOA Y/N No

Year Built 1975

Lot Size 0.317 Acres

Property Sub-Type Other

Source Datashare MLSListings

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

Interior

Heating Forced Air

Cooling Central Air

Fireplace No


Bay East Association of Realtors
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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