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1836 5Th Ave, San Rafael, CA, 94901
Residential Duplex with Two 2BR Units

1836 5Th Ave San Rafael, CA 94901

For Sale
$1,510,000

Duplex with two separate residences, totaling 2,833 sf, offering modernized finishes in Unit 1 and two-bed layouts throughout.

Property Size2,833 SF
Price / SF$533
Days on Market192

Property Features for 1836 5Th Ave

General Information

Standard status
Active
Size
2,833 SF
Property subtype
Multi Family

Building Details

Year Built
1988
Listing Agency: BHHS Drysdale Properties
Listed By: Waleed Jweainat · License #01050840
Source: Exitrealty
Added: Jan 14 Changed: Jul 20 Last Checked: Jul 25 at 5:04AM

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 BHHS Drysdale Properties


Investment Insights

Based on property information with market context.

This duplex offers two separate residences within approximately 2,833 sf of total living space. Unit 1 is about 1,616 sf with 2 bedrooms and 2.5 bathrooms, recessed lighting, and an upgraded kitchen with stainless steel appliances. The third bedroom has been converted into a walking closet. Unit 2 is about 1,217 sf with 2 bedrooms and 2 bathrooms.

The property is situated near a public library, public transportation, restaurants, and grocery stores, supporting convenient everyday access for residents.

As an owner-occupant or investment setup, the building provides distinct unit configurations while maintaining a straightforward duplex layout with clear separation between Unit 1 and Unit 2.

Key Highlights

  • Duplex with two separate residences totaling 2,833 SF; built in 1988
  • Unit 1: 1,616 SF with 2 bedrooms and 2.5 bathrooms; recessed lighting and an upgraded kitchen with stainless steel appliances
  • Unit 1 includes a converted 3rd bedroom into a walking closet

Financial Insights For Multifamily LT 5

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 $144.5k $51.00
− Vacancy −$8.6k −$3.05
EGI $135.8k $47.95
− OpEx −$40.8k −$14.39
NOI $95.1k $33.57
2,833 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.36M
$1.19M – $1.58M (±1% cap)
NOI $95,090 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$586.3K
$513.0K – $684.0K (±1% cap)
NOI $41,039 @ 7.0% cap · market cap 2.72%
Theoretical Best
Specialty Retail
$13.84M
$12.11M – $16.14M (±1% cap)
NOI $968,663 @ 7.0% cap · market cap 64.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store Plumbing Service Mobile Phone Store Locksmith Restaurant Supermarket Bed & Breakfast

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

FAQs

What type of property is this?
Duplex - Duplex with two separate residences, totaling 2,833 sf, offering modernized finishes in Unit 1 and two-bed layouts throughout.
Where is this duplex located?
The property is located at 1836 5Th Ave San Rafael, CA.
What is the asking price?
The asking price for this property is $1,510,000.
What are key features of this property?
This property features: Duplex with two separate residences totaling 2,833 SF; built in 1988; Unit 1: 1,616 SF with 2 bedrooms and 2.5 bathrooms; recessed lighting and an upgraded kitchen with stainless steel appliances; Unit 1 includes a converted 3rd bedroom into a walking closet
More about this property
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