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For sale
  • $5,600,000

    255 Channing Way, San Rafael, CA 94903

    28beds
    13,300sqft
    : 
    Multi Family
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $421/sqft
    $-- HOA

    What's special

    Recently remodeled unitsNew floorsUpdated kitchensPlenty of natural lightModern appliances
    This 14-unit apartment building offers a turn key investment opportunity in a sought-after area. The property has been well-maintained and features recently remodeled units, including new floors, updated kitchens, and modern appliances. Each apartment is spacious, with plenty of natural light throughout. The building benefits from a history of strong occupancy rates and high rental demand, providing steady income potential. Additionally, it has been optimized for low operating costs with separate PG&E meters and a partial Ratio Utility Billing System (RUBS) in place. Ideal for investors, this property offers long-term stability and an attractive return on investment due to its solid rental market and low expenses.
    239 days
    on Zillow
    |
    164
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 01, 2025 at 12:58pm

    Listed by:

    Michael B. Johnston DRE #01370461 415-794-6453,

    Berkshire Hathaway Drysdale Pr 415-655-9007

    Source: SFAR,MLS#: 324073256MLS LogoOriginating MLS: San Francisco Association of REALTORS
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 255 Channing Way.

    Next available tour time:Today at 6:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 28
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Individual
    Cooling
    • None
    Interior area
    • Total structure area: 13,300
    • Total interior livable area: 13,300 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Carport
    • Carport spaces: 20
    Features
    • Stories: 2
    • Has view: Yes
    • View description: Mountain(s), Hills
    Lot
    • Size: 0.7 Acres
    • Features: None
    Details
    • Parcel number: 15509220
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1965

    Utilities & green energy

    • Sewer: None
    • Water: None

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: San Rafael
    • Elevation: 0

    Financial & listing details

    • Price per square foot: $421/sqft
    • Price range: $5.6M - $5.6M
    • Date on market: 9/13/2024
    • Total actual rent: 5800
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