San Rafael Multifamily Investment
For Sale
$7,750,000
1200 4th Street, San Rafael, CA 94901
Multifamily property available now in San Rafael, California.
Property Size36,572 SF
Price / SF$211.91
Days on Market323
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Property Features for 1200 4th Street
General Information
Standard status
Active
Size
36,572 SF
Property subtype
Multifamily
Building Details
Building Size
36,572 SF
Year Built
1917
Listing Agency:
Lee & Associates
Listed By:
Tyler Clark · License #CalDRE #01900784
(925) 788-5952
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Oct 8
Last Checked: Oct 14 at 9:34PM
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
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$529,785
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,595,700
$10.6M
Cap Rate 7%
$7,568,357
$7.6M
Cap Rate 9%
$5,886,500
$5.9M
Market Conditions
NOI Build-Up for 36,572 SF
Gross rent
$1.02M $27.96/SF
− Vacancy
−$59.3K −$1.62/SF
EGI
$963.2K $26.34/SF
− OpEx
−$433.5K −$11.85/SF
NOI
$529.8K $14.49/SF
Area
Marin County, CA
Vacancy
5.80%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,595,700
Cap Rate 7%
$7,568,357
Cap Rate 9%
$5,886,500
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,862
Businesses Nearby
Explore this area
Business Placement
Demographics for 94901, CA
43,338
Population
16,412
Households
2.6
Avg Household Size
40
Median Age
48%
College-Educated
82%
High-School Grad
13.1 sq mi
ZIP Area
3,308
Density / Sq Mi
$108,837
Median Household Income
$50,122
Median Earnings
$2,229
Median Rent
$1,369,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
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
