390 Woodland Avenue, San Rafael, CA 94901
- $2,250,000
- List Price
- $2,250,000
- Status
- ACTIVE
- MLS#
- ML82058478
- Year Built
- 1947
- Lot Size
- 11,029
- Acres
- 0.25
- Days on Market
- 21
- Property Type
- Commercial
Property Description
390 Woodland Apartments (the Property) is an 8-unit multifamily asset in San Rafael, comprised of four (4) studio and four (4) one bedroom floorplans totaling approximately 4,316 rentable square feet. The compact, efficient unit mix targets the submarkets entry-level and single-renter demand. Beyond its in-place cash flow, the Property offers a rare combination of location and upside. San Rafael, the heart of a supply-constrained and highly desirable Marin County market, drives durable demand for efficient studio and one-bedroom units, give an incoming owner a clear path to reset rents to market and lift income over the near term.
/u.realgeeks.media/livingbythefoothills/Gil_s_Photo_-_Right_Facing-removebg-preview.png)
Additional Information
- Taxes
- $39,055
- Heat
- Wall Furnace
- Cooling
- Yes
- Roof
- Shingle
- Water
- Public
- School District
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $215,556
Listing courtesy of Listing Agent: Adam Foley (adam.foley@cbre.com) from Listing Office: CBRE, Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.