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515 B Street, San Rafael, CA 94901
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$3,450,000
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Home Details for 515 B Street
Price
$3,450,000
Type
Commercial/Industrial
Year Build
1975
Lot Size
0.317
County
Marin
Tax
$53,000
MLS®️ Listing#
ML82013904
On exitrealty.com
145 days
Property Description
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.
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Listing Courtesy: Jefrey Henderson, Broker - 408-453-7461. Presented by: Jefrey Henderson
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-01-13 10:46:43 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT REALTY CONSULTANTS
1822 W. Olive, Merced, CA 95348
Licensed in the state of California.
CA DRE# 01424183. Kris Klair Broker.
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$3,450,000
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EXIT REALTY CONSULTANTS
1822 W. Olive, Merced, CA 95348
Licensed in the state of California.
CA DRE# 01424183. Kris Klair Broker.