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1240 4th Street, SAN RAFAEL, CA 94901
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$4,500,000
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Home Details for 1240 4th Street
Price
$4,500,000
Type
Multi Family
Year Build
1893
Sq. Ft.
10894
Lot Size
0.2056
County
Marin
Tax
$41,881
MLS®️ Listing#
ML82002642
On exitrealty.com
197 days
Listed By: Coldwell Banker Realty - 925-935-7100. Listed By: Neel Bhatia
Property Description
PRICE REDUCED! First time on the Market in over 25 Years! Prime, Heart of Downtown San Raphael Investment Offering of a 13 Unit Mixed Used Investment Property! A Current 5.77% CAP/11.6 GRM! Owner has Self Managed this Asset with Pride, and has Recently Performed Upgrades to the Property with BRAND NEW Electrical Panels (2024/2025), a New Roof in 2023, & Many Rehabbed Units in Recent Years ranging from New Bathrooms & Kitchens. Property Consists of (4) Long Time Retail Tenants: Amici's Pizza, The SHOP (high end barber shop), Friends Books, and Tibet Shop along with (9) Multifamily Units Consisting of (2) 2bed/1bth Units, (2) 1bed/1bths, & (5) Studio Units. Corner LOT! Property is Owned Free & Clear Of Debt! Seller May Carry with Minimum 35% Down for Qualified Buyer. Must See to Appreciate!
- Cooling Information
- None
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- Public
- Parking
- On Street
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than EXIT Realty are marked with the Internet Data Exchange adn detailed information about them includes the names of the listing brokers and listing agents.Based on information from the MLSListings MLS. 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. Copyright 2025 MLSListings Inc. All rights reserved.
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Last Updated: 2025-11-06 02:46:36
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EXIT REALTY CONSULTANTS
1361 S. Winchester Blvd. Suite 103, San Jose, CA 95128
Licensed in the state of California
CA DRE# 01424183. Kris Klair Broker.
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$4,500,000
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EXIT REALTY CONSULTANTS
1361 S. Winchester Blvd. Suite 103, San Jose, CA 95128
Licensed in the state of California
CA DRE# 01424183. Kris Klair Broker.