16 Marian Court San Rafael, CA $ 2,650,000
16 Marian Court
$ 2,650,000
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16 Marian Court

San Rafael, CA, 94901
$ 2,650,000
Bedrooms-- Baths-- Sq 8,568

Monthly Estimate*

$ 16,317

Listed by Jefrey Henderson, Broker
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Commercial Property for sale in San Rafael, CA

for $2,650,000. This 8,568 square foot building was built in 1971 on a lot size of 0.456.

16 Marian Court Apartments (the Property) comprised of 11 market rate units in San Rafael, California. Comprised of (7) 1 Bedroom, 1 Bathroom floorplans, and (4) 2 Bedroom, 1 Bathroom floorplans. This property is the ideal location and mix for the target demographic. In-place rents are nearly $500 below market rents and an additional $250+ in renovation premiums allowing for a value-add investor to stabilize at a 6.18% cap rate.

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Commercial Active

Price

$ 2,650,000

Property Type

Commercial

Taxes

$ 40,000

Style

Lot Size

0.456

Year Built

1971

Town/City

San Rafael

County/Region

Marin

MLS | Web ID

ML82035108

Days on Market

6

Features
General
Heating Central
Cooling None
Roof Flat
Zoning N/A
HOA Fee 0
Year Built 1971
County Marin
Insurance Expense 29000
Property Type Commercial Sale
MaintenanceExpense 12000
Special Listing Conditions Standard
Status Active
City San Rafael
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 19863
Carport Spaces 0
Tax Annual Amount 40000
Trash Expense 20000
Standard Status Active
Year Built Source Assessor
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 14
Lot Size Area 19863
Number of Buildings 2
Building Area Total 8568
Lot Size Acres 0.456
Lot Size Source Assessor
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* Excluded Features
List By
Jefrey Henderson, Broker

Broker

ben.mollahan@cbre.com

Email

Affordability Calculator

$19,650
Per Month
83%
17%
0%
Monthly Principal & Interest
$16,317
Monthly Property Taxes
$3,333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/16/2026$2,650,000 Listed Price

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16 Marian Court, San Rafael, CA, 94901 is a Commercial Property for sale at $2,650,000 with 8,568 sqft and a lot size of 0.456. 16 Marian Court was built in 1971. The property's zip code is 94901 which is in San Rafael, CA