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Active under contract
    • Price cut: $70K (4/23)
    $3,450,000

    1380 Lincoln Avenue, San Rafael, CA 94901

    8beds
    5,130sqft
    : 
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    Multi Family
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $673/sqft
    $-- HOA

    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.
    103 days
    |
    152
    |
    5
    |

    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

    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: $673/sqft
      • Tax assessed value: $3,563,800
      • Annual tax amount: $54,760
      • Date on market: 3/17/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        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
        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

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: Lincoln/San Rafael Hill

          Getting around

          88 / 100
          Very Walkable
          54 / 100
          Good Transit
          83 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating

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