- $2.7M Price
- .46 Acres
- 167 DOM
16 Marian Court
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.
Essential Information
- MLS® #ML82001888
- Price$2,650,000
- Bathrooms0.00
- Acres0.46
- Year Built1971
- TypeCommercial Sale
- StatusActive
Community Information
- Address16 Marian Court
- Area699 - Not Defined
- CitySan Rafael
- CountyMarin
- Zip Code94901
Amenities
- Parking Spaces14
Interior
- HeatingCentral
- CoolingNone
Exterior
- RoofFlat
School Information
- DistrictOther
Additional Information
- Date ListedApril 10th, 2025
- Days on Market167
- ZoningN/A
Listing Details
- AgentJefrey Henderson
- OfficeJefrey Henderson, Broker
Price Change History for 16 Marian Court, San Rafael, (MLS® #ML82001888)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $2,800,000 to $2,650,000 |
Jefrey Henderson, Jefrey Henderson, Broker.
Based on information from California Regional Multiple Listing Service, Inc. as of September 24th, 2025 at 9:15am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.