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11-Unit Apartment Complex
For Sale
Contact for pricing
Pending

419 Prospect Dr, San Rafael, CA 94901

Two wood-frame structures include fireplaces, private decks, shared laundry, and separately metered residences.

Property SizeContact for details
Days on Market144

Property Features for 419 Prospect Dr

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Golden Gate Sotheby's International Realty
Listed By: Michael Burke · License #CA 00454938
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:31PM

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 Golden Gate Sotheby's International Realty

Investment Insights

Based on property information with market context.

Constructed in 1984, this 11-unit apartment property comprises two wood-framed structures on a concrete perimeter foundation. Unit layouts include one-bedroom and studio residences, with most apartments offering fireplaces and view decks. Electric wall units provide heating, while common laundry facilities serve the property.

Covered tuck-under carport parking accommodates 11 cars, with seven additional off-street spaces. The buildings feature composition shingle roofing along with a torch-down flat roof section. Each residence is separately metered, and the property includes low-maintenance landscaping. The property is located on Prospect Drive in San Rafael near North Lincoln Avenue.

Key Highlights

  • 11‑unit apartment property in two wood‑frame structures, constructed in 1984
  • Covered tuck‑under carport parking for 11 cars
  • Seven additional off‑street parking spaces

Property Analytics

Current Use

Parking Parking Lot & Garage Prospect Ridge Apartments Apartment Complex

Suggested Use

Top Pick Pharmacy Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Restaurant HVAC Service

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

347
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 - Two wood-frame structures include fireplaces, private decks, shared laundry, and separately metered residences.
Where is this apartment building located?
The property is located at 419 Prospect Dr San Rafael, CA.
What are key features of this property?
This property features: 11‑unit apartment property in two wood‑frame structures, constructed in 1984; Covered tuck‑under carport parking for 11 cars; Seven additional off‑street parking spaces
(415) 424-9835 Call to check price and availability
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