All 4+ Unit Current Listings

The following is a summary of all Marin apartment buildings actively on the market for sale or that have recently sold; not just my own listings. It is prepared for the benefit of those I consider to have a client relationship with and is not meant for general public viewing.

Last updated: 03/03/21

4+ Unit Properties (Duplex and Triplex follow)

***** RECENT CHANGES

The market is HOT; call me immediately if any of these properties spark an interest.

$1,200,000 - 6 units - SALE PENDING
San Rafael - 410 D Street
Six studio apartments very attractively priced.
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$1,988,000 - 4 units - AVAILABLE
Sausalito - 507 Easterby St
Four 1BR apartments by the 7-11. No off street parking, but appears well priced.
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$1,995,000 - 4 units - AVAILABLE
Sausalito - 506-508 Spring St
Four 1BR apartments in a great Sausalito location.
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$2,000,000 - 4 units - AVAILABLE
Larkspur- 96 Madrone Ave
Three rustic cottages totaling four units on a knoll with views.
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$2,100,000 - 6 units - CALL FOR AVAILABILITY
San Rafael - 158-166 Park St
On fourplex and one duplex on one lot. All 1BR units near market rents. 15.75 GRM.
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$2,250,000 - 5 units - AVAILABLE
Mill Valley - 21-25 Millwood
1-2BR and 4-1BR in a great location, close to downtown.
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*****
$2,550,000 - 8 units - SOLD 02/07/21

San Rafael - 5 F Street
Basic building close to downtown.
Not on MLS; Call for more details

$2,695,000 - 7 Units - AVAILABLE
Novato - 859 Diablo
Mixed use building of 4 commercial units and 3 residential. Extensively remodeled.
More details
*****
$3,325,000 - 9 units - SOLD 03/02/21

San Rafael - 103 Ross St.
Original asking price $3,100,000. Property received nine offers. 9 units; 1-3BR, 3-2BR and 5-1BR. This is a charitably trust sale of an asset. It has been priced and sold, in my opinion, well below market.
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$3,750,000 - 11 units - AVAILABLE
San Rafael - 4140 Redwood Hwy
Mix of retail and apartments.
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$5,575,000 - 8 units - AVAILABLE
Sausalito - 561 Bridgeway
Mix of retail and apartments just across Bridgeway from the water. .
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$5,650,000 - 16 units - SALE PENDING
20 Green Way - San Rafael
8-2BR and 8-1BR in the Dominican area of San Rafael. 14.7 times current income.
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$6,250,000 - 28 units - SALE PENDING
San Rafael - 509 Canal St
Garden complex around a central pool. 3-3BR and 35-2BR. Low rents and needs work. $450,000 re-development loan that might be forgiven.
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$7,995,000 - 14 units - AVAILABLE
Mill Valley - 2-10 Shelley Dr
12-2BR and 2-1BR units close to the freeway. Many upgrades. 16.3 times current income.
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$8,150,000 - 22 units - AVAILABLE
San Rafael - 1350 Lincoln
1-3BR, 13-2BR, and 8-1BR units. All townhouse units. 14.3 times current income.
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Golden Gate Sotheby's International Realty

MarinApartments.com
500 Drakes Landing Rd.
Greenbrae, CA 94904
o: 415.518.7200
Michael J Burke
mburke@marinapartments.com
m: 415.518.7200
Lic #00454938
Pamela Burke
pburke@marinapartments.com
m: 415.424-9835
Lic #02156257

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each office is independently owned and operated. m.burke@ggsir.com

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