$1,395,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
0.1734
Open Houses
-
year built
1959
Full Baths
0
Half Baths
0
For investors seeking a stabilized asset with proven income and additional upside through renovations and rent growth. 1893 Lincoln Ave is a prime opportunity in one of the Bay Area's most resilient rental markets. This building presents a rare investment opportunity in the heart of Central San Rafael. This well-maintained 6-unit multifamily property is comprised entirely of 1-bedroom, 1-bathroom units, offering consistency in layout and strong renter demand. Each unit is currently occupied, providing immediate cash flow for the next owner. Two of the units have been thoughtfully updated and are achieving rents near market value, showcasing the income potential available with further improvements. The property is priced attractively at $1,395,000 ($232,500 per unit) with an in-place 4.4% CAP rate, making it an attractive multifamily offering in Marin County. San Rafael continues to be one of the most desirable rental markets in the North Bay due to its central location, strong job base, and excellent transit access. The property sits just off Highway 101, offering quick connectivity to the rest of Marin, Sonoma, and San Francisco. Also minutes from SMART Train, downtown San Rafael, shopping, and local dining, further enhancing tenant appeal.
Location | |
Subdivision | - |
County | Marin |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
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MLS number: 325082131
Listing status: Active
Listing agent:
Nicholas Saribalis
#01948067
Listing broker:
Decker Bullock Dreyfus, Inc
(415) 384-4008
Copyright © 2025 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Monday, September 15 2025 at 6:55 a.m. EDT
Kotohomes National
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