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  • $3,300,000

    1380 Lincoln Avenue, San Rafael, CA 94901

    8beds
    5,130sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $3,312,200 Zestimate®
    $643/sqft
    $-- Estimated rent

    Home value

    $3,312,200

    $3.05M - $3.61M

    Not available

    Zestimate® history
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    What's special

    Positioned in the heart of San Rafael, 1380 Lincoln Avenue offers a rare opportunity to acquire a fully repositioned 9-unit asset in one of Marin County's most supply-constrained rental markets. Converted from office to residential use in 2023, the property delivers modern, low-maintenance living with strong in-place income already established. The unit mix3 studios, 4 one-bedrooms, and 2 two-bedroomscaters to a broad tenant base, while extensive renovations throughout provide turnkey ownership. Each unit features updated kitchens and baths, contemporary finishes, and upgraded systems, minimizing near-term capital expenditures. With 10 on-site parking spaces and leases structured with annual increases, the asset combines day-one cash flow with built-in growth. For investors seeking stability, quality, and long-term upside in Marin, 1380 Lincoln Avenue checks all the boxes.

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth Sasan DRE #01433542 415-990-7186,

    City Real Estate 415-325-2295,

    Traci A Thiercof DRE #01817886 415-793-0111,

    City Real Estate

    Bought with:

    Aref Ahmadia, DRE #01011093

    West End Properties

    Source: BAREIS,MLS#: 326020653MLS LogoOriginating MLS: Marin County

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    • Full bathrooms: 3
    Heating
    • Central
    Cooling
    • Ceiling Fan(s), None
    Appliances
    • Included: Dishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Refrigerator
    • Laundry: In Unit
    Features
    • Unit 1 - Beds: 4, Baths: 4, Square Footage: 2500 | Unit 2 - Beds: 4, Baths: 2, Square Footage: 734 | Unit 3 - Beds: 0, Baths: 0, Square Footage: 5130 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 5130
    • Flooring: Carpet, Simulated Wood
    • Windows: Dual Pane Full
    Interior area
    • Total structure area: 5,130
    • Total interior livable area: 5,130 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Uncovered
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Roll-In Shower
    Features
    • Patio & porch: Balcony/Deck, Enclosed
    Lot
    • Size: 9,500 Square Feet
    • Features: Auto Sprinkler F&R, Landscape Front, Sidewalk
    Details
    • Parcel number: 01114513
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary,Other
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: City, Sewer Connected
    Green energy
    • Energy efficient items: Appliances

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Fire Alarm, Smoke Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: San Rafael

    Financial & listing details

    • Price per square foot: $643/sqft
    • Tax assessed value: $3,634,999
    • Date on market: 3/17/2026

    Price history

    DateEventPrice
    8/20/2026Sold$3,300,000-4.3%$643/sqft
    Source: BAREIS #326020653 Report a problem
    6/19/2026Pending sale$3,450,000$673/sqft
    Source: BAREIS #326020653 Report a problem
    4/23/2026Price change$3,450,000-2%$673/sqft
    Source: BAREIS #326020653 Report a problem
    4/9/2026Price change$3,520,000-6.1%$686/sqft
    Source: BAREIS #326020653 Report a problem
    3/17/2026Listed for sale$3,750,000-3.2%$731/sqft
    Source: BAREIS #326020653 Report a problem
    10/29/2024Listing removed$3,875,000$755/sqft
    Source: BAREIS #324028431 Report a problem
    9/20/2024Listed for sale$3,875,000$755/sqft
    Source: BAREIS #324028431 Report a problem
    7/19/2024Contingent$3,875,000$755/sqft
    Source: BAREIS #324028431 Report a problem
    4/19/2024Listed for sale$3,875,000-1.9%$755/sqft
    Source: BAREIS #324028431 Report a problem
    3/19/2024Listing removed$3,950,000$770/sqft
    Source: BAREIS #323040305 Report a problem
    2/9/2024Price change$3,950,000-1.1%$770/sqft
    Source: BAREIS #323040305 Report a problem
    12/27/2023Listed for sale$3,995,000$779/sqft
    Source: BAREIS #323040305 Report a problem
    11/17/2023Contingent$3,995,000$779/sqft
    Source: BAREIS #323040305 Report a problem
    11/15/2023Pending sale$3,995,000$779/sqft
    Source: BAREIS #323040305 Report a problem
    11/2/2023Price change$3,995,000-5.6%$779/sqft
    Source: BAREIS #323040305 Report a problem
    6/27/2023Listed for sale$4,230,000+323%$825/sqft
    Source: BAREIS #323040305 Report a problem
    2/24/2022Sold$1,000,000+3763.7%$195/sqft
    Source: Public Record Report a problem
    8/18/1997Sold$25,882$5/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $3,634,999 +2%
    2025$54,760 -30.1%$3,563,800 +2%
    2024$78,360 +94.9%$3,494,000 +242.5%
    2023$40,208 +174.3%$1,020,000 +215.9%
    2022$14,656 +119.7%$322,860 +2%
    2021$6,671 -10.3%$316,532 +1%
    2020$7,439 +25.6%$313,256 +2%
    2019$5,925 -11.9%$307,114 +2%
    2018$6,729 +18.9%$301,092 +2%
    2017$5,662 +3.8%$295,190 +2%
    2016$5,456 +4%$289,403 +1.5%
    2015$5,248 $285,056
    Find assessor info on the county website

    Neighborhood: Lincoln/San Rafael Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,312,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,312,200