Discover 1380 Lincoln Avenue, a thoughtfully renovated 9-unit apartment complex located in the heart of San Rafael in beautiful Marin County. Originally converted from office to residential use in 2023, this property offers a compelling investment opportunity with strong in-place rents and modernized living spaces. The property features a well-balanced unit mix of 3 studios, 4 one-bedroom units, and 2 two-bedroom units, appealing to a wide range of tenants. Each residence was extensively remodeled during the 2023 conversion and includes updated kitchens and bathrooms, modern cabinetry, newer flooring, and upgraded building systems, creating comfortable, contemporary living environments. Residents enjoy the convenience of ample on-site parking with 10 dedicated spaces, a valuable amenity in this central San Rafael location. With strong in-place rental income and leases structured with annual increases, the property offers stable cash flow with long-term growth potential. Positioned in one of Marin County's most desirable rental markets, 1380 Lincoln Avenue presents an excellent opportunity for investors seeking a well-maintained, income-producing asset in a prime location.
Active
$3,750,000
1380 Lincoln Avenue, San Rafael, CA 94901
8beds
5,130sqft
Est.:
Multi Family
Built in 1965
-- sqft lot
$-- Zestimate®
$731/sqft
$-- HOA
What's special
- 15 days |
- 397 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: March 20, 2026 at 02:41am
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#: 326020653
Originating MLS: Marin County
Originating MLS: Marin CountyTour with a local agent
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: 9,500.44 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: $731/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
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2026 | Listed for sale | $3,750,000-3.2%$731/sqft |
Source:  BAREIS #326020653 Report a problem | ||
| 10/29/2024 | Listing removed | $3,875,000$755/sqft |
Source: BAREIS #324028431 Report a problem | ||
| 9/20/2024 | Listed for sale | $3,875,000$755/sqft |
Source: BAREIS #324028431 Report a problem | ||
| 7/19/2024 | Contingent | $3,875,000$755/sqft |
Source: BAREIS #324028431 Report a problem | ||
| 4/19/2024 | Listed for sale | $3,875,000-1.9%$755/sqft |
Source: BAREIS #324028431 Report a problem | ||
| 3/19/2024 | Listing removed | $3,950,000$770/sqft |
Source: BAREIS #323040305 Report a problem | ||
| 2/9/2024 | Price change | $3,950,000-1.1%$770/sqft |
Source: BAREIS #323040305 Report a problem | ||
| 12/27/2023 | Listed for sale | $3,995,000$779/sqft |
Source: BAREIS #323040305 Report a problem | ||
| 11/17/2023 | Contingent | $3,995,000$779/sqft |
Source: BAREIS #323040305 Report a problem | ||
| 11/15/2023 | Pending sale | $3,995,000$779/sqft |
Source: BAREIS #323040305 Report a problem | ||
| 11/2/2023 | Price change | $3,995,000-5.6%$779/sqft |
Source: BAREIS #323040305 Report a problem | ||
| 6/27/2023 | Listed for sale | $4,230,000+323%$825/sqft |
Source: BAREIS #323040305 Report a problem | ||
| 2/24/2022 | Sold | $1,000,000+3763.7%$195/sqft |
Source: Public Record Report a problem | ||
| 8/18/1997 | Sold | $25,882$5/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
BuyAbility℠ payment
Est. payment
$22,075/mo
Principal & interest
$18544
Property taxes
$3531
More affordability tools
Climate risks
Neighborhood: Lincoln/San Rafael Hill
Nearby schools
GreatSchools rating
- 7/10Coleman Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10James B. Davidson Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10San Rafael High SchoolGrades: 9-12Distance: 0.7 mi
Local experts in 94901
- California
- Marin County
- San Rafael
- 94901
- Lincoln/San Rafael Hill
- 1380 Lincoln Avenue
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