Rare Four-Unit Multifamily Opportunity
$3,200,000
1206 Mariner Way, Bel Tiburon, CA 94920
For Sale
Multifamily
Unknown Sub Type
Active
Last Updated: 06/24/2025
3.48
Cap Rate
4,080 sqft
Building Size
Details:
Cap Rate: 3.48%
Building Size: 4,080 sqft
Lot Area: 0.27 acres
Units: 4
GRM: 17.73
Year Built: 1971
Price Per Sqft: $784.31
Price Per Unit: $800,000
Description:
Marcus & Millichap is pleased to present 1206 Mariner Way, a rare four-unit multifamily opportunity in the heart of Tiburon, one of Marin County’s most sought-after communities. The property consists of four well-maintained 2-bedroom, 1.5-bathroom, two floor units, each offering comfortable layouts and access to premium neighborhood amenities. Just minutes from downtown Tiburon’s shops, restaurants, and ferry terminal, this investment benefits from strong tenant demand, high barriers to entry, and long-term growth potential in an extremely supply-constrained market. Perfect for both investors and 1031 exchange buyers seeking stability in a premier location.
Documents:
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OM_-_1206_Mariner_Way_-_Final_6-24.pdf
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Location
Gallery
