Brookside Apartments Investment
For Sale
$3,450,000
515 B Street, San Rafael, CA 94901
Boutique multifamily property in San Rafael's Gerstle Park market.
Property Size5,342 SF
Price / SF$645.83
Days on Market452
Property Features for 515 B Street
General Information
Standard status
Active
Size
5,342 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$53,000
Amenities
Gas
3
Foam
10 Parking Spaces. Carport.
Building Details
Year Built
1975
Listing Agency:
Jefrey Henderson, Broker
(408) 453-7461
Listed By:
Jefrey Henderson · License #01483399
(415) 535-7414
Source:
Xome
Added: Jun 15, 2025
Changed: Sep 8
Last Checked: Sep 8 at 6:20AM
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 Jefrey Henderson, Broker
Investment Insights
Based on property information with market context.
The Brookside Apartments, located at 515 B Street in San Rafael, CA, presents a premier investment opportunity. Constructed in 1975, this boutique multifamily property features 10 one-bedroom, one-bathroom units. Situated on a quiet street near downtown San Rafael, the location is attractive to high-quality tenants. Significant capital improvements have been completed, including a seismic retrofit, roof replacement with 60mil TPO, and SB 721 Balcony Inspection repairs. The property size is 5,342 square feet. This is a nearly turnkey investment with rental upside through programmatic A+ finishes.
Key Highlights
- Boutique multifamily property in the desirable Gerstle Park neighborhood of San Rafael.
- Significant capital improvements completed, including seismic retrofit and roof replacement.
- High in‑place rents with substantial rental upside potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,600
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Boutique multifamily property in San Rafael's Gerstle Park market.
Where is this apartment building located?
The property is located at 515 B Street 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: Boutique multifamily property in the desirable Gerstle Park neighborhood of San Rafael.; Significant capital improvements completed, including seismic retrofit and roof replacement.; High in‑place rents with substantial rental upside potential.
