This exclusive Marin County single-tenant offering delivers secure, predictable cash flow backed by a long-term lease and minimal management requirements. At an asking price of $5,250,000, the investment produces a strong 6.04 cap rate based on actual NOI, positioning it as a compelling value opportunity in one of the Bay Area's most supply-constrained markets. Single-family residence with a long-term commercial tenant in place (10-year lease). The tenant recently renewed through 2035, demonstrating stability and commitment to the site. Annual rent increases provide built-in, inflation-protected income growth. With a Modified NNN lease, the tenant covers nearly all operating expenses, leaving the landlord responsible only for property taxes and structural items. This low-maintenance structure, combined with a current NOI of $317,015, makes the asset ideal for 1031 exchange buyers, private investors, and those seeking stable long-term cash flow with minimal oversight. Offering a rare blend of location, yield, and long-term stability, this Marin County asset stands out as one of the few opportunities delivering both quality and cash flow in today's market.
Fantastic, well maintained triplex just north of downtown San Rafael! Great location tucked into a quiet neighborhood just off Lincoln Ave with beautiful views and easy access to the 101 and public transportation. This triplex is comprised of 2 buildings; the front building with 3 garage spaces at street level and unit 17, a 2 bedroom/1 bathroom unit, over the garages and rear building comprised of units 19A, a 4 bedroom/1 bath unit and 19B, a 1 bedroom/1 bathroom unit . Tenants pay all of their own utilities, and all units are currently rented. This building is easy peasy and just a short distance to all things San Rafael. Views: Downtown
Situated in the charming and sought-after Gerstle Park neighborhood of San Rafael, this fully remodeled triplex presents a rare opportunity in the heart of Marin County. Offering excellent versatility for both owner-occupiers and investors, the property features one spacious 3BR/2BA unit and two well-appointed 2BR/1BA unitseach thoughtfully upgraded with modern finishes and conveniences. All three units have been extensively renovated, including brand-new kitchens with sleek cabinetry, contemporary countertops, and new appliances. Bathrooms have been stylishly updated with new vanities, tiled showers or tubs, and upgraded fixtures. Each unit showcases a blend of luxury vinyl plank flooring and new carpet along with its own designated laundry machines. Additional highlights include carport parking, extra storage, and separate meters for gas, electric, and waterideal for ease of management and utility control. A brand-new roof and gutters complete this turnkey property, all set in a prime location just blocks from downtown San Rafael. This rarely available triplex offers a unique opportunity to create a family compound, live in one unit while generating income from the others, or invest in a high potential cash flowing property.
Welcome to 215 Picnic Ave, San Rafael. This expansive fourplexis about 3,200 square feet of living space in 4 units The residence is perched in a prime location that affordsbay views from multiple units and an open spacious feeling for everyone. Thefloor plans allows for easy flow between spaces, making it ideal for entertaining or simply enjoying a quiet evening at home. Natural light streams in through numerous windows, creating a warm and inviting atmosphere throughout. San Rafael is a vibrant community teeming with amenities. Proximity to shopping centers, restaurants, parks, and recreational facilities makes everyday living enjoyable. The city's rich cultural scene includes art galleries, theaters and music venues for your entertainment pleasure. Outdoor enthusiasts will have access to nearby hiking trails and waterways where you can enjoy activities such as boating or fishing. Excellent schools are in walking distance Easily accessible public transportation options provide convenient commute opportunities while proximity to major roadways ensures easy navigation around town or out-of-town trips. This property offers an exceptional opportunity to own a piece of San Rafael real estate that combines comfortable living with great investment potential!
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San Rafael is located in California. San Rafael, California has a population of 61,158. San Rafael is less family-centric than the surrounding county with 32.11% of the households containing married families with children. The county average for households married with children is 33.06%.
The median household income in San Rafael, California is $104,521. The median household income for the surrounding county is $131,008 compared to the national median of $69,021. The median age of people living in San Rafael is 43.1 years.
The average high temperature in July is 78.1 degrees, with an average low temperature in January of 42 degrees. The average rainfall is approximately 40.6 inches per year, with 0 inches of snow per year.
