CA
Marin
SAN RAFAEL
94901
1240 4th Street
1240 4th Street, SAN RAFAEL, CA 94901
Share Listing
Listing Type
Multi Family
Listing Status
active
12
$4,500,000

Home Details for 1240 4th Street

Price
$4,500,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
10894
Year built
1893
Lot size acres
0.2056
County
Marin
Garage
Days on site
182
MLS Listing#
ML82002642
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!

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Other
  • Water Features
    • Public
  • Parking
    • On Street
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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
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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