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37 Pacheco St
San Rafael, CA 94901
Multifamily Property For Sale
·
6 Units
Investment Highlights
- 3 Renovated Units
- Seporate Electricity Meters.
- TPO Roof Installed in 2022
- Nice Tenant Amenities for Future Prospects
Executive Summary
North Bay Property Advisors is proud to offer for sale 37 Pacheco Street, San Rafael. This well maintained 6-unit multifamily investment opportunity was built in 1974 and totals approximately 3,204 square feet. The property consists of three studio units and three one-bedroom units. Three of the apartments have been extensively renovated with modern kitchens, updated bathrooms, and refreshed living spaces. Each unit is individually metered for electricity and features its own HVAC system, along with an in-unit washer and dryer, offering tenants convenience and privacy, and enhancing the desirability of future prospects. The exterior of the property includes nine off-street parking spaces, a new TPO roof installed in 2022, and private patios for tenants' enjoyment. This professionally managed and consistently maintained apartment complex presents a compelling opportunity for investors seeking a stable, turnkey asset in the heart of Marin County.
Property Facts
| Price Per Unit | $333,333 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.70% | Lot Size | 0.17 AC |
| Gross Rent Multiplier | 12.89 | Building Size | 3,884 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1974/2025 |
| Property Subtype | Apartment | Parking Ratio | 2.32/1,000 SF |
| Zoning | R/O - Residential / Office District | ||
| Price Per Unit | $333,333 |
| Sale Type | Investment |
| Cap Rate | 4.70% |
| Gross Rent Multiplier | 12.89 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,884 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2025 |
| Parking Ratio | 2.32/1,000 SF |
| Zoning | R/O - Residential / Office District |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 2 | - | - |
| 1+1.5 | 1 | - | - |
Property Taxes
| Parcel Number | 011-185-09 | Improvements Assessment | $245,278 |
| Land Assessment | $73,550 | Total Assessment | $318,828 |
Property Taxes
Parcel Number
011-185-09
Land Assessment
$73,550
Improvements Assessment
$245,278
Total Assessment
$318,828
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