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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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517 B Street, San Rafael – $3,450,000

  • $3.5M Price
  • .32 Acres
  • 79 DOM
  • $3.5M Price
  • .32 Acres
  • 79 DOM

517 B Street

515 B Street is a premier investment opportunity for local ownership groups to own the Brookside Apartments, a boutique multifamily property located in the Gerstle Park market of San Rafael. The property was built in 1975 and boats 10 one-bedroom, one-bathroom units on a quiet street near downtown San Rafael. The location attracts high-quality tenants with substantial rental upside through programmatic A+ finishes. This opportunity boasts high in-place rents and ownership has done significant capital improvements including, but not limited to, seismic retrofit completed, roof replaced with 60mil TPO, SB 721 Balcony Inspection & repairs completed. The Brookside Apartments is a nearly turnkey investment with rental upside.

Essential Information

  • MLS® #ML82013904
  • Price$3,450,000
  • Bathrooms0.00
  • Acres0.32
  • Year Built1975
  • TypeCommercial Sale
  • StatusActive

Community Information

  • Address517 B Street
  • Area699 - Not Defined
  • CitySan Rafael
  • CountyMarin
  • Zip Code94901

Amenities

  • Parking Spaces10

Interior

  • CoolingGas

Exterior

  • RoofFoam

School Information

  • DistrictOther

Additional Information

  • Date ListedJuly 9th, 2025
  • Days on Market79
  • ZoningN/A

Listing Details

  • AgentJefrey Henderson
  • OfficeJefrey Henderson, Broker
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Jefrey Henderson, Jefrey Henderson, Broker.

Based on information from California Regional Multiple Listing Service, Inc. as of September 26th, 2025 at 6:41am 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.