Loading
Please wait...
Print This Listing
Listing Summary
Listing
#321087978
$1,775,000 (LP)
$1,755,000 (SP)
SP % OP
:
98.87
320 C St, San Rafael, CA 94901-4930
Closed
(10/18/21)
SqFt:
3200
Lot Size Acres:
0.0918*
Area/District
:
A2300
Yr
:
1950
Remarks
The subject property is 4-unit multifamily property located in the Gerstle Park neighborhood. The property offers a two-story residential building, consisting of 2 two-bedroom, one-bath units and 2 one-bedroom, one-bath units. The units have been completely remodeled, with new electrical and plumbing systems and the building's sewer lateral has been replaced. There are additional opportunities to enhance the exterior of the building and capture significantly higher rents. The subject property provides both first time multifamily buyers and seasoned professionals an excellent, easy to maintain property in one of Marin County's strongest rental markets.
Pictures
Loading pictures...
Picture
Picture
Map
Map
Street
Street
-
of
-
Pictures
Enlarge Map
Enable Interaction
Showing Information
Directions to Property
4th Street to C STreet
Remarks
Agent and Office Information
Agent
Erich M Reichenbach
Primary:415-302-2144 Lic: 01860626
Office
Marcus & Millichap
Phone: 818-212-2700, FAX: 818-212-2710 Office Lic: 00662084
Number of Offers
3
Price, Dates and Commissions
Broker Co-op
Broker Co-op
2
# Of Units Total
4
Unit Information
# Of Buildings
1
# Of Units Leased
0
# Of Units Month to Month
0
# Of Units Vacant
0
# of 1 Bedroom Units
2
# of 2 Bedroom Units
2
# of 3 Bedroom Units
0
# of 4 Bedroom Units
0
# of Studio Units
0
# Commercial Units
0
Unit 1 Bedrooms
2
Unit 1 Full Baths
1
Unit 1 Partial Baths
0
Unit 1 Rent
$
2475
Unit 1 Description
6 rooms
Unit 1 Approx SqFt
950
Unit 1 # of Rooms
6
Unit 1 Occupancy
Tenant
Unit 1 SqFt Source
Not Measured
Unit 1 Type
Apartment
Unit 2 Bedrooms
2
Unit 2 Full Baths
1
Unit 2 Partial Baths
0
Unit 2 Rent
$
2600
Unit 2 Description
6 rooms
Unit 2 Approx SqFt
950
Unit 2 # of Rooms
6
Unit 2 Occupancy
Tenant
Unit 2 SqFt Source
Not Measured
Unit 2 Type
Apartment
Unit 3 Bedrooms
1
Unit 3 Full Baths
1
Unit 3 Partial Baths
0
Unit 3 Rent
$
1950
Unit 3 Description
5 rooms
Unit 3 Approx SqFt
650
Unit 3 # of Rooms
5
Unit 3 Occupancy
Tenant
Unit 3 SqFt Source
Not Measured
Unit 3 Type
Apartment
Unit 4 Bedrooms
1
Unit 4 Full Baths
1
Unit 4 Partial Baths
0
Unit 4 Rent
$
1875
Unit 4 Description
5 rooms
Unit 4 # of Rooms
5
Unit 4 Occupancy
Tenant
Unit 4 Type
Apartment
# Of Furnished Units
0
Total # Owner Occupied
0
# of 1 Bedrooms Occupied
100
# of 2 Bedrooms Occupied
100
# of 3 Bedrooms Occupied
0
# of 4 Bedrooms Occupied
0
# Studios Occupied
0
Studio Annual Occupancy
0
%
Unit Income and Expense
Gross Scheduled Income
$
106800
Income Includes
Storage
Operating Expense
$
35074
Total Deposit
$
0
Total # Leasable
0
Total # Section 8
0
Utilities Expense
$
5050
Operating Expense Includes
Electricity, Insurance, Maintenance Grounds, Maintenance Structure, Property Tax, Repairs, Trash, Utilities, Vacancy Allowance, Water/Sewer
Tax Annual Amount
$
25854
Lease Term
Month To Month
Tenant Pays
Cable TV, Electricity, Gas
Separate Meters
Electricity, Gas
Actual or Scheduled
Actual
Lease Deposit
$
0
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Possession
Close Of Escrow
Property Information
Subtype Description
Apartments
Approx SqFt
3,200
SqFt Source
Not Verified
Price / SqFt
548.44
Lot Sq Ft
(
approx
)
3,999*
Lot Acres
(
approx
)
0.0918
Lot Size Source
(Assessor Auto-Fill)
# of Rooms
0
Year Built
1950
Year Built Source
Other
Stories
2
Special Listing Conditions
Offer As Is
Property Location
County
Marin
Cross Street
Ivy Lane
Area/District
San Rafael
Subdistrict
Interior Information
Interior Features
Storage Area(s)
Cooling
None
Heating
Baseboard, Fireplace(s)
Laundry Features
Coin Operated
Construction Information
Water Source
Public
Sewer
Public Sewer
Parking Information
Garage Spaces
1
Total Parking Spaces
4
Covered Spaces
0
Carport Spaces
0
Open Parking Spaces
3
# of RV/Boat
0
# Underground
0
# of Guest Space(s)
0
Tandem Parking Spaces
0
Independent Parking Spaces
0
Parking Features
Off Street
Lot and Outdoor Information
Lot Features
Landscape Front, Sidewalk
Topography
Level
Association Information
Association
No
School Information
Green Information
Other Listing Information
Mortgage Info
Mortgage Calculator