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Listed by Adam Foley • CBRE, Inc., DRE#02144332
$2,250,000
Est. payment /mo
1 Bed
2 Baths
4,316 SqFt
New
390 Woodland AVE San Rafael, CA 94901
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Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,316 sqft
Price per Sqft $521
MLS Listing ID ML82058478
Bedrooms 1
Full Baths 2
Year Built 1947
Lot Size 0.253 Acres
Property Sub-Type Five or More Units
Property Description
390 Woodland Apartments (the Property) is an 8-unit multifamily asset in San Rafael, comprised of four (4) studio and four (4) one bedroom floorplans totaling approximately 4,316 rentable square feet. The compact, efficient unit mix targets the submarkets entry-level and single-renter demand. Beyond its in-place cash flow, the Property offers a rare combination of location and upside. San Rafael, the heart of a supply-constrained and highly desirable Marin County market, drives durable demand for efficient studio and one-bedroom units, give an incoming owner a clear path to reset rents to market and lift income over the near term.
Location
State CA
County Marin
Area San Rafael
Interior
Heating Wall Furnace
Cooling Other
Exterior
Parking Features Common Parking Area, Covered Parking
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Shingle
Building
Foundation Other
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 013-061-65
Security Features None
Special Listing Condition Not Applicable
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