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Renovated Six-Unit Apartment Building
For Sale
Contact for pricing
Pending

1533 Fourth Street, San Rafael, CA 94901

The property combines residential units with a commercial retail space, on-site parking, and laundry facilities.

Property SizeContact for details
Days on Market41

Property Features for 1533 Fourth Street

General Information

Standard status Pending
Property subtype Multifamily, Retail
Listing Agency: Meridian Commercial
Listed By: Samuel Ko · License #CA 01894341
Source: Crexi
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 5:46AM

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 Meridian Commercial

Investment Insights

Based on property information with market context.

This two-parcel property contains six apartment units and one commercial retail space, with approximately 7,905 total SF across 7,505 SF of land. The residential component includes four one-bedroom, one-bath apartments and two studio units. All six apartments have been renovated while retaining period architectural details, and feature efficient layouts, high ceilings, natural light, and interior storage. Coin-operated laundry facilities are located on both floors, with landlord-owned machines.

The property includes three enclosed garages and 10 surface parking spaces reserved for tenant use. Access is from Fourth Street, with parking reached via Shaver Street. The commercial space is occupied by Mayflower Pub and Restaurant, whose lease was extended for 10 years with two 5-year options. The wood-frame buildings also include exterior improvements and upgrades throughout.

Key Highlights

  • Six apartment units: four one‑bedroom/one‑bath units and two studios
  • Approximately 7,905 total SF across two parcel lots totaling 7,505 SF
  • Three enclosed garages plus 10 surface spaces for tenant use

Property Analytics

Current Use

The Mayflower Pub Nightclub

Suggested Use

Top Pick HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Mobile Phone Store Plumbing Service Bed & Breakfast

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

Location Intelligence

Trade Area within ½ mile

3,008
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 - The property combines residential units with a commercial retail space, on-site parking, and laundry facilities.
Where is this apartment building located?
The property is located at 1533 Fourth Street San Rafael, CA.
What are key features of this property?
This property features: Six apartment units: four one‑bedroom/one‑bath units and two studios; Approximately 7,905 total SF across two parcel lots totaling 7,505 SF; Three enclosed garages plus 10 surface spaces for tenant use
(415) 259-9642 Call to check price and availability
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