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16 Marian Court San Rafael, CA 94901

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For Sale
$2,450,000

Two-building property with below-market rents and value-add potential.

Type:Multifamily
Property size:
8,568 SF
Added:
Nov 21, 2025
Days on Market:
147
Last Refresh:
Apr 5 at 8:55 pm

Property Features for 16 Marian Court

General Information

Standard status
Active
Size
8,568 SF
Property subtype
Multifamily

Building Details

Year Built
1971

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Listing Contact
Jerry Adamson
Jerry Adamson

Listing agent Jerry Adamson License #CalDRE #01935945

Listing office Ground Matrix

Listing date Nov 21, 2025

Source Groundmatrix

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 Ground Matrix


Overview

San Rafael Multifamily Investment Opportunity

Constructed in 1971, this property features two buildings comprising seven 1-bedroom units and four 2-bedroom units. Ground-floor units include private fenced yards, while second-floor units offer spacious balconies. The current rents are below market value, presenting an opportunity to increase net operating income through annual rent increases. The property is located in a Federal Opportunity Zone, offering potential capital gains incentives for investors. Situated in the Canal district of San Rafael, the property is directly adjacent to the San Rafael Creek. Its location provides convenient access to HWY 101 and 580, facilitating travel to the Richmond-San Rafael bridge and San Francisco, while remaining approximately 2 miles from downtown San Rafael. The property is located on a quiet cul-de-sac and offers on-site and street parking for tenants. The property has stable tenancy with over 5 years without vacancy. There are 14 parking spaces. On-site management is available. The rent increase moratorium is expected to end December 31, 2021.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Skin Care Clinic Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
San Rafael
County
Marin
State
California
Longitude
-122.501
Latitude
37.967

FAQs

What type of property is this?
Apartment building - Two-building property with below-market rents and value-add potential.
Where is this apartment building located?
The property is located at 16 Marian Court San Rafael, CA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Federal Opportunity Zone provides unique capital gains incentives.; Opportunity to increase Net Operating Income (NOI) through raising below‑market rents.; Convenient location near HWY 101 and 580, providing easy access to transportation.
More about this property
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