Share this with your friends
+17073283039
Merge Real Estate
1380 Lincoln Ave, San Rafael, CA 94901
- $3,300,000
- 5,130
- SqFt
- Sold Price
- $3,300,000
- List Price
- $3,450,000
- Status
- CLOSED
- MLS#
- 326020653
- Closing Date
- Aug 20, 2026
- Year Built
- 1965
- Property Type
- 5 or More Units
- Living Area
- 5,130
- Lot Size
- 9,500
- Acres
- 0.22
- County
- Marin
- Region
- San Rafael
Property Description
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.
Additional Information
- Style
- Contemporary, Other
- Basement
- None
- Floors
- Carpet, Simulated Wood
- Foundation
- Concrete Perimeter
- Heating
- Central
- Cooling
- Ceiling Fan(s), None
- Lot Description
- Sprinkler System, Landscape Front, Sidewalks
- Possession
- Subject To Tenant Rights
- Roof
- Composition
Mortgage Calculator
Listing courtesy of Elizabeth Sasan from City Real Estate
Sold listing courtesy of Aref Ahmadia from West End Properties
Copyright 2026, Bay Area Real Estate Information Services, Inc. All Rights Included.