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1222 4th St

$5,250,000

1222 4th St, San Rafael, CA 94901

Active
Last Updated: 05/15/2025

6.09

Cap Rate

319,644

NOI

Details:
Cap Rate:    6.09%
NOI:    $319,644
Building Size:    12,684 sqft
Lot Area:    13,018 sqft
Units:    14
Year Built:    1864
Zoning:    T4MS 60/80
MlsNumber:    325025317
Floors:    3
Parking Spots:    10
Highlights:
  • Average Occupancy Rate: 100.0
  • Cash Flow: 61781.0
  • Fully Leased Income: $ 530949.0
  • Gross Income: $ 501761.0
  • Age: Over 50 Years Old
  • Lot Size: Under 1/2 Acre
  • Sewer: City
  • Water: City Water
Description:

1222 4th Street is a mixed-use property located in the heart of downtown San Rafael, offering a prime investment opportunity in
one of Marin County’s most vibrant commercial corridors. The property consists of 11 residential apartments and 3 ground-floor
commercial units, combining stable rental income with strong retail exposure in a high-traffic location.


The residential units feature a mix of studio, one-bedroom, and two-bedroom apartments, each designed for modern living with
spacious layouts, ample natural light, and contemporary finishes. The commercial spaces benefit from large storefront windows,
excellent street visibility, and high foot traffic, making them ideal for retail, office, or service-oriented businesses.


Downtown San Rafael is a thriving business and cultural hub, known for its walkable streets, historic architecture, and diverse
dining and entertainment options. The area attracts professionals, families, and visitors seeking a dynamic blend of urban
convenience and suburban charm. With easy access to major highways, public transportation, and key employment centers in
Marin County and San Francisco, 1222 4th Street is well-positioned for long-term value appreciation.


This property presents an exceptional opportunity for investors seeking a well-located asset with a balanced mix of residential
and commercial income streams. Whether as a long-term hold or a value-add investment, 1222 4th Street offers strong upside
potential in one of the Bay Area’s most desirable submarkets.

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