San Rafael Multifamily Investment
1200 4th Street San Rafael, CA 94901
1200 4th Street, San Rafael, CA, 94901
$7,750,000
For Sale
$7,750,000
Multifamily property available now in San Rafael, California.
Property Size36,572 SF
Price / SF$211.91
Days on Market233
Property Features for 1200 4th Street
General Information
- Standard status
- Active
- Size
- 36,572 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1917
Listing Agency
Lee & Associates - Walnut Creek
(925) 788-5952
Listed by
Tyler Clark · License #CalDRE #01900784
(925) 788-5952
Source
Lee-associates
Added: Nov 26, 2025 Checked: Jul 17 at 4:03 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Walnut Creek
Investment Insights
Based on property information with market context.
A multifamily property is now available in San Rafael, California. The property encompasses 36,572 square feet.
Key Highlights
- Available now
- San Rafael location
- Year Built: 1917
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.02M | $27.96 |
| − Vacancy | −$59.3k | −$1.62 |
| EGI | $963.2k | $26.34 |
| − OpEx | −$433.5k | −$11.85 |
| NOI | $529.8k | $14.49 |
36,572 SF · lease $27.96/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$7.57M
$6.62M – $8.83M
NOI $529,785 @ 7.0% cap · market cap 6.84%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$178.64M
$156.31M – $208.41M
NOI $12,504,744 @ 7.0% cap · market cap 161.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Testosterone Replacement Therapy ...
Health Counselor
Copperfield's Books
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Multifamily property available now in San Rafael, California.
Where is this apartment building located?
The property is located at 1200 4th Street San Rafael, CA.
What is the asking price?
The asking price for this property is $7,750,000.
What are key features of this property?
This property features: Available now; San Rafael location; Year Built: 1917
