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.
Pending
$3,450,000
B Sanrafael, San Rafael, CA 94901
--beds
--baths
5,342sqft
Est.:
Five Or More Units, Residential Income
Built in 1975
-- sqft lot
$3,170,800 Zestimate®
$646/sqft
$-- HOA
What's special
Quiet street
- 196 days |
- 3 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: January 13, 2026 at 12:12am
Listed by:
Jefrey Henderson 01483399 408-306-3228,
Jefrey Henderson, Broker 408-453-7461
Source: MLSListings Inc,MLS#: ML82013904
Facts & features
Interior
Heating
- Central Forced Air Gas
Cooling
- Gas
Features
- Doors: None
Interior area
- Total structure area: 5,342
- Total interior livable area: 5,342 sqft
Property
Parking
- Total spaces: 10
- Parking features: Assigned
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 0.32 Acres
Details
- Parcel number: 01215723
- Zoning: N/A
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Slab
- Roof: Foam
Condition
- Year built: 1975
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Unknown
Community & HOA
Location
- Region: San Rafael
Financial & listing details
- Price per square foot: $646/sqft
- Date on market: 7/9/2025
- Listing agreement: ExclusiveRightToSell
- Lease term: Month To Month
Estimated market value
$3,170,800
$3.01M - $3.33M
$4,484/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Pending sale | $3,450,000$646/sqft |
Source: | ||
| 7/9/2025 | Listed for sale | $3,450,000$646/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$21,846/mo
Principal & interest
$17389
Property taxes
$3249
Home insurance
$1208
Climate risks
Neighborhood: Country Club
Nearby schools
GreatSchools rating
- 7/10Coleman Elementary SchoolGrades: K-5Distance: 0.7 mi
- 7/10James B. Davidson Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10San Rafael High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- District: SanRafaelCityElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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