129 Woodland Ave - Apartments FOR SALE


San Rafael, CA 94901- Picnic Valley
$2,800,000 USD
510-237-5255
129 Woodland Ave, San Rafael, CA for Sale
$2,800,000 USD
Apartments - FOR SALE
1/2
null | 2.25% Cap Rate

129 Woodland Ave
San Rafael, CA 94901
Picnic Valley


HIGHLIGHTS

  • Located within minutes of Downtown San Rafael and its retail, dining, and business services.
  • Direct connectivity to Highway 101, providing swift access to San Francisco and the North Bay corridor.

OVERVIEW

129 Woodland Avenue in San Rafael presents a notable opportunity to acquire a multifamily asset in the thriving Marin County market. This property offers nearly 5,800 square feet of rentable area on a 0.44-acre lot, providing investors with both scale and future upside. Constructed in 1955 with a wood frame and stucco exterior, the building has a solid foundation for long-term performance. Located in a convenient neighborhood setting, the property benefits from close proximity to key employment hubs and a robust transportation network. San Rafael serves as Marin County’s administrative and economic center, drawing consistent rental demand from a diverse population base. The property’s location provides direct access to U.S. Highway 101, connecting residents to San Francisco and the greater North Bay within minutes. Positioned near vibrant downtown districts and essential retail, this offering aligns with the market’s strong multifamily fundamentals and offers potential for value-enhancing improvements, stable cash flow, and long-term appreciation.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$341 USD /SF

# OF UNITS

8

PRICE/UNIT

$350,000

CAP RATE

2.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

CM

APN/PARCEL ID

013-114-10

ASK ABOUT THIS PROPERTY

Guy Woodsguy Woods Real estate brokerMore Info
510-237-5255

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Guy Woodsguy Woods Real estate brokerMore Info
510-237-5255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.