1400 2nd Street

San Rafael, CA 94901 View Map $2,600,000 Schedule a Tour
Sq.Ft.5,425
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Status: Active
Property Type:Mixed Use
MLS #:22014911
Sq. Feet:5,425
On Site:10 Days
Lot Size:0.11 Acres
County:Marin
Located on a corner lot in downtown San Rafael, this 9-unit mixed-use property provides an opportunity for a new or experienced investor to own a fully stabilized asset in coveted Marin County. Featuring a unique unit mix of a 1BR/1BA detached cottage, four 1BR/1BA apartment units, and four commercial spaces, this property has been consistently upgraded and improved under the current ownership. With a high demand location and easy to rent units this incredibly stable asset will continue to generate consistent cash flow in a thriving Marin County community. Three of the residential units, including the detached cottage, have fully remodeled kitchens including cabinets, countertops, appliances and fixtures. Two of those units also have remodeled bathrooms, new flooring and new paint. The four commercial units consist of an architect's office, an insurance brokerage, a custom seamstress and a consultant's office. (Also listed as MLS #22013815 in the Multi-Unit 5+ category)

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

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Community Information

Address:1400 2nd Street San Rafael, CA 94901
County:Marin
Zip Code:94901

Features / Amenities

Total Sq. Ft.:5425

Property Features

Lot Size: 0.11 Acres / 5001 Sq. Ft.
Lot Description: Corner
Location: Downtown
Sewer: Sewer Public
Water: Water Public
Zoning:2/3MUW -Second/Third Mixed Use District
Directions:Corner of 2nd St and D St - San Rafael, CA

Tax and Financial Info

For Sale / Lease: Sale
Est. Taxes: $37, 389
Est. Total Annual Expenses: $59, 237
Est. Insurance Expenses: $10, 493
Est. Maintenance Expenses: $4, 500
Est. Utilities Expenses: $6, 855
Cap Rate: $5
Gross Scheduled Income: $179, 820
Est. Net Income: $118, 986

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1400 2nd Street San Rafael, CA 94901
GO SEE THIS LISTING
1400 2nd Street San Rafael, CA 94901
 
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Listing provided courtesy of Steven Level, Berkshire Hathaway.
Copyright 2020, Bay Area Real Estate Information Services, Inc. All Right Reserved. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed.

IDX data last updated July 9, 2020 at 12:30 PM PST
Property Summary:
Home for sale at .

Description: The property at 1400 2nd Street San Rafael, CA 94901 with the MLS# 22014911 is currently listed for $2,600,000 and has been on the San Rafael market for 9 days.

GeoCoordinates:
-122.5324944
37.9716688

List Price: $2,600,000

You are viewing the details of the real estate listing from the Bay Area MLS at 1400 2nd Street San Rafael, CA 94901, which features 0 bedrooms and 0 bathrooms, and has approximately 5425 sq.ft. of living area.