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236-238 C Street

$1,200,000

236-238 C Street, San Rafael, CA 94901

Active
Last Updated: 08/04/2026

4.2

Cap Rate

50,354

NOI

Details:
Cap Rate:    4.2%
NOI:    $50,354
Building Size:    3,354 sqft
Lot Area:    0.11 acres
Units:    2
GRM:    16.5
Year Built:    1964
Price Per Sqft:    $357.78
Price Per Unit:    $600,000
Highlights:
  • Prime Gerstle Park location
  • Expansive two floor units with private front decks and rear yard
  • Brand new rear decks + retaining walls
  • 2 Car parking per unit
  • No current rent control in San Rafael
Description:

Highly sought after duplex in the Gerstle Park neighborhood of San Rafael! Identical side by side units with a very desirable 2 story townhouse style layout. Each unit is 2 bedrooms, 1.5 bathrooms, and a massive 1,677 square feet. 3,354 total square feet. Each downstairs consists of a half bathroom, open kitchen layout, dining area, and a stepped-up living room. Perfect for entertaining. Sliding glass doors connect the living room to the private deck in the backyard. Each upstairs has two oversized bedrooms, each with multiple closets, a full bathroom, linen closet, and a separate laundry room with closets. An additional deck is accessed off the front bedroom with a sliding glass door, allowing a great view overlooking the tree lined street that Gerstle Park is known for. Dual pane windows throughout and a 6 year old roof make this a sound investment, while walking distance to downtown makes this a fantastic home.

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