Contact Xavier Gomez
Contacting Xavier Gomez
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
1240 4th Street, San Rafael, CA 94901
Priced at Only: $4,750,000
For more Information Call Mobile: 714.478.6676
Address: 1240 4th Street, San Rafael, CA 94901
Request More Information
  • All fields are required.
  • MLS#: ML82002642 ( )
  • Street Address: 1240 4th Street
  • Viewed: 4
  • Price: $4,750,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1893
  • Bldg sqft: 0
  • Days On Market: 40
  • Additional Information
  • County: MARIN
  • City: San Rafael
  • Zipcode: 94901
  • Provided by: Coldwell Banker Realty
  • Contact: Neel Neel
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    First time on the Market in over 25 Years! Prime, Heart of Downtown San Raphael Investment Offering of a 13 Unit Mixed Used Investment Property! A Current 5.5% CAP Offering with Upcoming & Allowable Increases in 2025 Allowing for Immediate Upside! Owner has Self Managed this Asset with Pride, and has Recently Performed Upgrades to the Property with BRAND NEW Electrical Panels (2024/2025), a New Roof in 2023, & Many Rehabbed Units in Recent Years ranging from New Bathrooms & Kitchens. Property Consists of (4) Long Time Retail Tenants: Amici's Pizza, The SHOP (high end barber shop), Friends Books, and Tibet Shop along with (9) Multifamily Units Consisting of (2) 2bed/1bth Units, (2) 1bed/1bths, & (5) Studio Units. Corner LOT! Property is Owned Free & Clear Of Debt! Seller May Carry with Minimum 35% Down for Qualified Buyer. Must See to Appreciate!
Features
Building Area Total
  1. 10894.00
Carport Spaces
  1. 0.00
Cooling
  1. None
Insurance Expense
  1. 5039.00
Otherexpense
  1. 27852.00
Parcel Number
  1. 01121217
Roof
  1. Shingle
Totalexpenses
  1. 105915.00
Trash Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1893
Year Built Source
  1. Other
Zoning
  1. R3
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
Request More Information
  • All fields are required.