16 Marian Court, San Rafael, CA 94901 - Berkshire Hathaway HomeServices California Properties

Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915

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Agent Remarks

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.

Listing Details

Property type: (Commercial)

Status: Active

MLS# ML82001888

List price is $2,800,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1971

0.46 acres

Lot size: 0.4560

County: Marin

Zoning: N/A

Heating/cooling: None

Heating description: Central

MLS area: 699 - Not Defined

Last Updated: 4/10/2025

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.967043, -122.500795.
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Listing Agent: Jefrey Henderson
Lic#: 01234982
Office Name: Mission Viejo

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