11 Unit Multifamily Investment Opportunity

16 Marian Court, San Rafael, CA 94901

Property Information

  • For Sale $2,450,000
  • Property Type Multi-Family
  • Property Size 8,568 SF
  • Units 11
  • Lot Size 0.46 Acre
  • Parking Spaces Avail. 14
  • Property Tenancy Multi-Tenant
  • Year Built 1971
  • Date Updated Nov 7, 2026

Description

16 Marian Court is centrally located in the Canal district of San Rafael, directly adjacent to the San Rafael Creek. Convenient arrival to HWY 101 and 580 provides easy access to the Richmond-San Rafael bridge and San Francisco, while still being only 2 miles from downtown San Rafael. The property is situated on a quiet cul-de-sac with on-site and street parking for its Tenants.Constructed in 1971, this two-building property consists of seven 1-bedroom and four two-bedroom units. The ground-floor units have private fenced yards while the second-floor units have spacious balconies. Current ownership acknowledges that existing rents are below market, providing the opportunity to grow the NOI through annual increases. Additionally, 16 Marian Ct. is in a Federal Opportunity Zone, providing an investor with unique capital gains incentives.

Highlights

  • 14 Parking spaces
  • Below market rents
  • Conveniently located near HWY 101 and 580
  • Federal Opportunity Zone
  • On-site management
  • Rent increase moratorium expected to end Dec. 31, 2021
  • Stable tenancy with over 5 years without vacancy

Contacts

Location

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