517 B Street, San Rafael, CA

$3,450,000

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5,342

Square feet

0.32

Acres

About 517 B Street

515 B Street is a premier investment opportunity for local ownership groups to own the Brookside Apartments, a boutique multifamily property located in the Gerstle Park market of San Rafael. The property was built in 1975 and boats 10 one-bedroom, one-bathroom units on a quiet street near downtown San Rafael. The location attracts high-quality tenants with substantial rental upside through programmatic A+ finishes. This opportunity boasts high in-place rents and ownership has done significant capital improvements including, but not limited to, seismic retrofit completed, roof replaced with 60mil TPO, SB 721 Balcony Inspection & repairs completed. The Brookside Apartments is a nearly turnkey investment with rental upside.

Features of 517 B Street

MLS® # ML82013904
Price $3,450,000
Square Footage 5,342
Acres 0.32
Year Built 1975
Type COMM RI MULTI-UNITS 5+
Sub-Type Other
Status Active

Community Information

Address 517 B Street
City San Rafael
County Marin
State CA
Zip Code 94901

Amenities

Parking Assigned
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Central Air
Fireplace No

Additional Information

Date Listed July 9th, 2025
Zoning N/A
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJefrey Henderson
OfficeJefrey Henderson, Broker

Listing Map

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