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4 units close to downtown San Rafael 8 Laurel Pl

4 Unit Apartment Building $1,795,000 ($448,750/Unit) 3.94% Cap Rate San Rafael, CA 94901

Investment Highlights

  • separate cottage with a garage Close to downtown San Rafel Top flat long-term tenant

Executive Summary

Price reduced $100,000 Gross Rental income $85934
Close to downtown San Rafael
There are 3 units in one building and a cottage
Top unit occupies the top floor with two units below the top unit.
unit 1 rent $2100
Unit 2 rent 1880.25
Unit 3 Rent 2507
Unit 4 Rent 2200

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,795,000
Price Per Unit $448,750
Sale Type Investment
Cap Rate 3.94%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.16 AC
Building Size 4,805 SF
Average Occupancy 100%
No. Stories 2
Year Built 1913
Parking Ratio 1.24/1,000 SF

Site Amenities

  • Laundry Facilities
Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
011-185-17
Land Assessment
$1,018,580
Improvements Assessment
$688,176
Total Assessment
$1,706,756
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 27643748

  • Date on Market: 1/31/2023

  • Last Updated:

  • Address: 8 Laurel Pl, San Rafael, CA 94901

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