About 1380 Lincoln Ave
Positioned in the heart of San Rafael, 1380 Lincoln Avenue offers a rare opportunity to acquire a fully repositioned 9-unit asset in one of Marin County's most supply-constrained rental markets. Converted from office to residential use in 2023, the property delivers modern, low-maintenance living with strong in-place income already established. The unit mix3 studios, 4 one-bedrooms, and 2 two-bedroomscaters to a broad tenant base, while extensive renovations throughout provide turnkey ownership. Each unit features updated kitchens and baths, contemporary finishes, and upgraded systems, minimizing near-term capital expenditures. With 10 on-site parking spaces and leases structured with annual increases, the asset combines day-one cash flow with built-in growth. For investors seeking stability, quality, and long-term upside in Marin, 1380 Lincoln Avenue checks all the boxes.
Features of 1380 Lincoln Ave
| MLS® # | 326020653 |
|---|---|
| Price | $3,450,000 |
| Square Footage | 5,130 |
| Acres | 0.22 |
| Year Built | 1965 |
| Type | Residential Income |
| Sub-Type | Apartments |
| Style | Contemporary, Other |
| Status | Contingent - Show |
Community Information
| Address | 1380 Lincoln Ave |
|---|---|
| Area | San Rafael |
| City | San Rafael |
| County | Marin |
| State | CA |
| Zip Code | 94901 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Parking | Uncovered |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Simulated Wood, Varies By Unit |
|---|---|
| Appliances | Dishwasher, Disposal, Free Standing Gas Oven, Free Standing Refrigerator |
| Heating | Central |
| Cooling | Ceiling Fan(s), None |
| Fireplace | No |
Exterior
| Lot Description | Auto Sprinkler F&R, Landscape Front, Sidewalk |
|---|---|
| Windows | Dual Pane Full |
| Roof | Composition |
| Foundation | Concrete Perimeter |