523 B St - Multi-Family FOR SALE


San Rafael, CA 94901- Gerstle Park
$1,885,000 USD
415-747-2150
523 B St, San Rafael, CA for Sale
$1,885,000 USD
Multi-Family - FOR SALE
1/37
null | Request Cap Rate

523 B St
San Rafael, CA 94901
Gerstle Park


HIGHLIGHTS

  • Desirable Gerstle Park Neighborhood
  • Fully Remodeled Units
  • Designated Laundry For Each Unit
  • New Roof & Exterior Paint
  • 6-Car Off-Street Parking & Tenant Storage
  • Premier Marin County Location

OVERVIEW

Situated in the charming and sought-after Gerstle Park neighborhood of San Rafael, this fully remodeled triplex presents a rare opportunity in the heart of Marin County. Offering excellent versatility for both owner-occupiers and investors, the property features one spacious 3-bedroom, 2-bathroom unit and two well-appointed 2-bedroom, 1-bathroom units—each thoughtfully upgraded with modern finishes and conveniences. All three units have been extensively renovated, including brand-new kitchens with sleek cabinetry, contemporary countertops, and new appliances. Bathrooms have been stylishly updated with new vanities, tiled showers or tubs, and upgraded fixtures. Each unit showcases a blend of luxury vinyl plank flooring and new carpet along with its own designated laundry machines, offering added convenience and privacy for tenants or owners. Additional highlights include carport parking, extra storage, and separate meters for gas, electric, and water—ideal for ease of management and utility control. A brand-new roof and gutters complete this turnkey property, all set in a prime location just blocks from downtown San Rafael. This rarely available triplex offers a unique opportunity to create a family compound, live in one unit while generating income from the others, or invest in a high potential cash-flowing property.

FOR SALE DETAILS

PRICE

$1,885,000 USD

PRICE/SF

$696 USD /SF

# OF UNITS

3

PRICE/UNIT

$628,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,000 SF

ZONING

-

APN/PARCEL ID

012-157-05

ASK ABOUT THIS PROPERTY

Steven LevelBerkshire Hathaway Drysdale PropertiesMore Info
415-747-2150

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Steven LevelBerkshire Hathaway Drysdale PropertiesMore Info
415-747-2150

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