Listing provided courtesy of Jefrey Henderson of Jefrey Henderson, Broker. Last updated 2025-05-20 08:53:10.000000. Listing information © 2025 Sandicor.
Asking Price: $2,650,000 |
16 Marian, San Rafael CA 94901
Community: 699 - Not Defined
This property was built in 1971 and is priced at $2,650,000. Please see the additional details below.
16 Marian Court Apartments (the Property) comprised of 11 market rate units in San Rafael, California. Comprised of (7) 1 Bedroom, 1 Bathroom floorplans, and (4) 2 Bedroom, 1 Bathroom floorplans. This property is the ideal location and mix for the target demographic. In-place rents are nearly $500 below market rents and an additional $250+ in renovation premiums allowing for a value-add investor to stabilize at a 6.18% cap rate.
