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Four-Townhome Residential Income Property

709 C Street San Rafael, CA 94901

New
709 C Street, San Rafael, CA, 94901
$5,670,000
For Sale
Claim this Listing
$5,670,000

MULTI_FAMILY - Contemporary - San Rafael, CA

Property Size6,602 SF
Lot Size0.16 Acres
Price / SF$858.83
AddedJul 15
Days on Market1
Last RefreshJul 15 at 9:06 pm

Property Features for 709 C Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
12
Bathrooms
12
Rooms
Bathroom 8, Bathroom 5, Bathroom 12, Bedroom 8, Bedroom 1, Bedroom 9, Bathroom 1, Bathroom 10, Bathroom 9, Bathroom 4, Bedroom 10, Bathroom 3, Bedroom 11, Bedroom 2, Bedroom 5, Bathroom 2, Bathroom 11, Bedroom 7, Bedroom 3, Bathroom 6, Bedroom 12, Bedroom 6, Bathroom 7, Bedroom 4
Parking
5
Parking features
Open
Window features
Double Pane Windows
Patio and Porch features
Deck
Interior features
Formal Entry
Exterior features
Private Yard
Appliances
Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, Electric Water Heater
Standard status
Active
APN
01207310
Size
6,602 SF
Lot size
0.16 Acres

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
2026
Floors in Building
3
Number of units
4
Flooring type
Wood
Building materials
Wood
Roof type
Flat
Architectural style
Contemporary

Listing agent Dubie Breen License #01079071

Listing office Golden Gate Sotheby's International Realty 500 Drakes Landing Road, Mill Valley, CA

Listing date Jul 15, 2026

MLS# 326060884 Listing URL

Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

709 C Street is a light-filled, new-construction residential income complex featuring four townhouses. Each unit includes an attached garage and a chef’s kitchen with custom cabinetry. Interior finishes include wide plank hardwood floors, and the homes are designed around indoor/outdoor living with terraces, decks, and patios. A rooftop deck provides additional outdoor space and views of Mt Tam.

Located on a tree-lined street in San Rafael, the property sits between Gerstle Park and downtown, placing dining, wellness, live music, local coffee, parks, and trails within reach. The nearby area also supports convenient transit and access for a quick commute to San Francisco.

Key Highlights

  • Under construction, new 2026 build featuring a contemporary design
  • 4‑townhouse complex with attached garages and formal entry
  • Chef’s kitchens with custom cabinetry and built‑in refrigerator, dishwasher, disposal, and electric cooktop

Local 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 $336.7k $51.00
− Vacancy −$20.1k −$3.05
EGI $316.6k $47.95
− OpEx −$95.0k −$14.39
NOI $221.6k $33.57
6,602 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$3.17M
$2.77M – $3.69M (±1% cap)
NOI $221,597 @ 7.0% cap · market cap 3.91%
Second Best
Apartment 5plus
$1.37M
$1.20M – $1.59M (±1% cap)
NOI $95,637 @ 7.0% cap · market cap 1.69%
Theoretical Best
Specialty Retail
$32.25M
$28.22M – $37.62M (±1% cap)
NOI $2,257,364 @ 7.0% cap · market cap 39.81%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

(Bike/Boat/Book/etc) Store Plumbing Service (Bike/Boat/Book/etc) Store Mobile Phone Store Restaurant (Bike/Boat/Book/etc) Store Clothing & Fashion Store Restaurant Florist Supermarket

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

FAQs

What type of property is this?
Quadplex - New-construction complex of four townhouses with attached garages and multiple outdoor spaces, including a rooftop deck with views.
Where is this quadplex located?
The property is located at 709 C Street San Rafael, CA.
What is the asking price?
The asking price for this property is $5,670,000.
What are key features of this property?
This property features: Under construction, new 2026 build featuring a contemporary design; 4‑townhouse complex with attached garages and formal entry; Chef’s kitchens with custom cabinetry and built‑in refrigerator, dishwasher, disposal, and electric cooktop
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