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Sold for $1,050,000
  • $1,050,000

    1893 Lincoln Avenue, San Rafael, CA 94901

    6beds
    --sqft
    Multi Family
    Built in 1959
    -- sqft lot
    $1,190,900 Zestimate®
    $--/sqft
    $3,795 Estimated rent

    Home value

    $1,190,900

    $1.13M - $1.25M

    $3,795/mo

    Zestimate® history
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    $6,248/mo

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    What's special

    Reduced $100,000!! For investors seeking a stabilized asset with proven income and additional upside through renovations and rent growth. 1893 Lincoln Ave is a prime opportunity in one of the Bay Area's most resilient rental markets. This building presents a rare investment opportunity in the heart of Central San Rafael. This well-maintained 6-unit multifamily property is comprised entirely of 1-bedroom, 1-bathroom units, offering consistency in layout and strong renter demand. Each unit is currently occupied, providing immediate cash flow for the next owner. Two of the units have been thoughtfully updated and are achieving rents near market value, showcasing the income potential available with further improvements. The property is priced attractively at $1,395,000 ($232,500 per unit) with an in-place 4.4% CAP rate, making it an attractive multifamily offering in Marin County. San Rafael continues to be one of the most desirable rental markets in the North Bay due to its central location, strong job base, and excellent transit access. The property sits just off Highway 101, offering quick connectivity to the rest of Marin, Sonoma, and San Francisco. Also minutes from SMART Train, downtown San Rafael, shopping, and local dining, further enhancing tenant appeal.

    Zillow last checked: 8 hours ago

    Listing updated: January 02, 2026 at 01:08am

    Listed by:

    Nick Saribalis DRE #01948067 415-302-0923,

    Golden Gate Sotheby's Internat 415-456-1200

    Bought with:

    Nick Saribalis, DRE #01948067

    Golden Gate Sotheby's Internat

    Source: BAREIS,MLS#: 325082131MLS LogoOriginating MLS: Marin County

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 4
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Coin Operated
    Features
    • Unit 1 - Beds: 6, Baths: 6, Square Footage: 3150 | Unit 2 - Beds: 0, Baths: 0, Square Footage: 0 | Unit 3 - Beds: 0, Baths: 0, Square Footage: 0 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 0
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport, Covered
    • Carport spaces: 5
    Features
    • Levels: Two
    Lot
    • Size: 7,553 sqft
    • Features: None
    Details
    • Parcel number: 01102303
    • Special conditions: Offer As Is,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Water District

    Community & neighborhood

    Location
    • Region: San Rafael

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    12/30/2025Sold$1,050,000-18.9%
    Source: BAREIS #325082131 Report a problem
    11/29/2025Pending sale$1,295,000
    Source: BAREIS #325082131 Report a problem
    10/22/2025Price change$1,295,000-7.2%
    Source: BAREIS #325082131 Report a problem
    9/15/2025Listed for sale$1,395,000
    Source: BAREIS #325082131 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$31,866 +2.8%$1,909,037 +2%
    2024$31,003 +114.5%$1,871,652 +242.4%
    2023$14,455 +3.3%$546,653 +2%

    Find assessor info on the county website

    Neighborhood: Lincoln/San Rafael Hill

    Nearby schools

    GreatSchools rating
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