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Renovated 9-Unit Apartment Building
For Sale
$3,450,000
Pending

1380 Lincoln Ave, San Rafael, CA 94901

Office-to-residential conversion with updated interiors, upgraded systems, and on-site parking.

Property Size5,130 SF
Days on Market69

Property Features for 1380 Lincoln Ave

General Information

Standard status Pending
Size 5,130 SF
Total Parking Spaces 10
Property subtype Investment

Units

Unit Mix 3 x studio, 4 x 1BR, 2 x 2BR
Multifamily Units 9

Building Details

Building Size 5,130 SF
Year Built 1965
Year Renovated 2023
Units 9
Listing Agency: City Real Estate
Listed By: Elizabeth Sasan · License #01817886
Source: Elliman
Added: Jun 24 Changed: Aug 29 Last Checked: Aug 29 at 2:08PM

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 City Real Estate

Investment Insights

Based on property information with market context.

Located at 1380 Lincoln Avenue in San Rafael, this 9-unit apartment property was adapted from office use for residential occupancy in 2023. The configuration includes 3 studios, 4 one-bedroom apartments, and 2 two-bedroom apartments, providing a varied unit mix within a compact multifamily asset.

Renovations include refreshed kitchens and bathrooms, contemporary interior finishes, and upgraded building systems. The property has 10 on-site parking spaces, while existing leases include annual increases. Walk Score is 25, Bike Score is 44, and Transit Score is 39. Originally built in 1965, the property is situated in Marin County and offers established residential income from a recently updated apartment configuration.

Key Highlights

  • 9‑unit apartment property at 1380 Lincoln Avenue, San Rafael, CA 94901
  • Office building adapted for residential occupancy during 2023
  • Unit mix includes 3 studios, 4 one‑bedrooms, and 2 two‑bedrooms

Property Analytics

Current Use

GreenLight Expungements Law Firm Land Development Architecture Construction Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Mobile Phone Store Supermarket Cosmetic Store Buffet Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

3,442
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Office-to-residential conversion with updated interiors, upgraded systems, and on-site parking.
Where is this apartment building located?
The property is located at 1380 Lincoln Ave San Rafael, CA.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: 9‑unit apartment property at 1380 Lincoln Avenue, San Rafael, CA 94901; Office building adapted for residential occupancy during 2023; Unit mix includes 3 studios, 4 one‑bedrooms, and 2 two‑bedrooms
More about this property
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