1600-1606 3rd St | San Rafael, CA 94901
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1600-1606 3rd St
San Rafael, CA 94901
West End Villas · Multifamily Property For Sale
·
25 Units
INVESTMENT HIGHLIGHTS
- Stellar location on the western edge of downtown San Rafael
- 1986 vintage property with building systems and construction methods that should minimize maintenance and capital expenditures
- Pride of ownership investment opportunity with 5.0% starting cap rate
- Immediate access to major employers, retail, dining, and entertainment venues
- Potential to assume in-place financing at 3.47% interest until January 2027
- 100% occupied with upside in rents based on demonstrated in-place high rents
PROPERTY FACTS
| No. Units | 25 | Building Size | 18,674 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | C | Parking Ratio | 1.62/1,000 SF |
| Lot Size | 0.38 AC | ||
| Zoning | MR2, San Rafael | ||
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 18,674 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1986 |
| Parking Ratio | 1.62/1,000 SF |
| Zoning | MR2, San Rafael |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Recycling
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | 420 - 520 |
| 1+1 | 13 | - | 471 - 710 |
| 2+1 | 2 | - | 704 |
| 2+2 | 2 | - | 820 - 850 |
PROPERTY TAXES
| Parcel Number | 011-241-44 | Improvements Assessment | $4,220,000 |
| Land Assessment | $3,300,000 | Total Assessment | $7,520,000 |
PROPERTY TAXES
Parcel Number
011-241-44
Land Assessment
$3,300,000
Improvements Assessment
$4,220,000
Total Assessment
$7,520,000
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
