1318 Lincoln Ave - Apartments FOR SALE


San Rafael, CA 94901- Lincoln-San Rafael Hill
$1,425,000 USD
415-877-1077
1318 Lincoln Ave, San Rafael, CA for Sale
$1,425,000 USD
Apartments - FOR SALE
1/13
null | 5.03% Cap Rate

1318 Lincoln Ave
San Rafael, CA 94901
Lincoln-San Rafael Hill


OVERVIEW

Reduced $150,000 for immediate offers. Offer date Friday, July 25, 2025, 2:00 pm. A Turnkey Investment with Victorian Charm and Modern Amenities. While originally built in 1895, the property was elevated with three new first-floor units added in 1978. All existing wiring and plumbing was made new, and all on a new raised concrete slab foundation. Electrical panels are modern – No Federal Pacific or Zinsco here. A well-maintained and fully leased investment property offering stable income and long-term upside. The unit mix includes two spacious 1-bedroom apartments upstairs featuring high ceilings and updated kitchens, plus three generous lower-level studios each with a partitioned sleeping area and private entrance (Jr-1BR). Additional features include on-site laundry, tenant storage, and off-street parking. A landscaped garden enhances curb appeal along a quiet stretch of lower Lincoln Avenue close to downtown and transit. With stable tenancy and a desirable location, 1318 Lincoln offers both immediate cash flow and long-term value.

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$470 USD /SF

# OF UNITS

5

PRICE/UNIT

$285,000

CAP RATE

5.03%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1318 Lincoln

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1895

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,955 SF

ZONING

-

APN/PARCEL ID

011-185-05

ASK ABOUT THIS PROPERTY

Michael BurkeGolden Gate Sotheby's International RealtyMore Info
415-877-1077

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

Michael BurkeGolden Gate Sotheby's International RealtyMore Info
415-877-1077

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