813 A St, San Rafael, CA 94901-3010
- Commercial real estate
- 14,000 SF
- 0.17 lot acres
Current Use by Public Records
- Natural Sense Organic Mattress / Furniture & Home Goods
Property Details for 813 A St
- Year built
- 1950
- Lot size
- 0.17 lot acres
- Property type
- Commercial real estate
- APN
- 011-262-06
- APU
- 1126206
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 31, 2025 | $1,725,000 | Community Media Center Of Marin | Savoni I LLC | Grant Deed | $1.3M · Redwood Cu |
| Nov 6, 2023 | — | Savoni I LLC | Vic Solorzano | Deed | — |
| Mar 30, 2005 | — | Solorzano Vic & Mary A Trust | Savoni I LLC | Quit Claim Deed · related | — |
| May 15, 2001 | — | Savoni I LLC | Sankowich,antoniette M | Grant Deed · related | — |
Description
This exceptional mixed-use property, located at 813 A Street in San Rafael, California, presents a compelling value-add investment opportunity. The 14,000 square foot building, constructed in 1950, boasts a prime downtown location in Marin County and is currently 100% occupied, generating a strong net operating income (NOI) of $127,606, representing a 6.72% capitalization rate. The property features a poured-in-place concrete structure across two stories, with an architecturally appealing atrium-style design filling the second floor. Zoned T5N 50/70, the building sits on a 7,450 square foot lot. The current asking price is $1,900,000, translating to $135.71 per square foot. The existing lease agreements offer immediate potential for rental increases, particularly with several month-to-month tenants. This presents a significant opportunity to enhance the property's value and increase the already impressive NOI. The property's strong current performance, combined with its significant upside potential, makes it an attractive investment for discerning buyers seeking a high-yield asset in a desirable Marin County location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,580,000
- ML approach
- $1,855,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Rafael
- County
- Marin
- State
- California
- Longitude
- -122.529
- Latitude
- 37.9718
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
