$5,250,000

Estimated payment $35,850/month

Total Views 2,321
6 Beds
-- Bath
12,684 Sq Ft
$414 Price per Sq Ft

Highlights

  • City View
  • 0.25 Acre Lot
  • Tankless Water Heater
  • Sun Valley Elementary School Rated A-
  • Security System Owned
  • 3-minute walk to Boyd Memorial Park

About This Home

1222 4th Street is a mixed-use property located in the heart of downtown San Rafael, offering a prime investment opportunity in one of Marin County's most vibrant commercial corridors. The property consists of 11 residential apartments and 3 ground-floor commercial units, combining stable rental income with strong retail exposure in a high foot-traffic location. The residential units feature a mix of studio, one-bedroom, and two-bedroom apartments, each designed for modern living with spacious layouts, ample natural light, and contemporary finishes. The commercial spaces benefit from large storefront windows, excellent street visibility, and high foot traffic, making them ideal for retail, office, or service-oriented businesses. This property presents an exceptional opportunity for investors seeking a well-located asset with a balanced mix of residential and commercial income streams.

Listing Agent

Nick Bonn

Coldwell Banker Commercial Rea License #01952724

Coldwell Banker Commercial Rea

Co-Listing Agent

Thomas Galicia

Coldwell Banker Realty License #01896556

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $78,560

Year Built

  • Built in 1864

Lot Details

  • 10,685 Sq Ft Lot

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Brick Foundation
  • Bitumen Roof
  • Stucco

Interior Spaces

  • Low Flow Toliet
  • 12,684 Sq Ft Home
  • 3-Story Property
  • City Views

Kitchen

  • Dishwasher
  • Disposal

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 15 Parking Spaces
  • Open Parking

Utilities

  • Separate Meters
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • 14 Units

Listing and Financial Details

  • Assessor Parcel Number 011-212-06

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$78,560

Year Built

Built in 1864

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Mixed Use
  • Levels: Three
  • Other Equipment: Low-Flow Toilet(s)
  • Stories: 3
  • Year Built: 1864
  • Number Commercial Units: 3
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Tankless Water Heater
  • Flooring: Varies By Unit
  • Laundry Features: Other
  • Price Per Square Foot: 413.91
  • Square Footage: 12684.00

Exterior Features

  • Construction Materials: Brick, Stucco
  • Foundation: Brick/Mortar
  • Roof: Bitumen
  • View: City

Garage/Parking

  • Parking Features: Open, Uncovered
  • Total Parking Spaces: 15.00

Utilities

  • Cooling: Varies By Unit
  • Heating: Varies By Unit
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Fire Alarm, Fire Extinguisher, Security System Owned, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public

Fee Information

  • Utilities Expenses: 17328

Lot Info

  • Assessor Parcel Number: 011-212-06
  • Lot Features: None
  • Lot Size Acres: 0.2453
  • Lot Size Sq Ft: 10685.00
  • Lot Size Units: Acres
  • Price Per Acre: 21402364.45
  • Zoning: T4MS

Building Info

  • Number of Units Total: 14

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: $2940
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: $2900-$2,973
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 2
  • Number Of2 Bedrooms Occupied: 2
  • Number of 2 Bedroom Units: 2
  • Number of Studio Units: 7
  • Number Studios Occupied: 6
  • Separate Meters: Electricity, Gas
  • Studio Annual Occupancy: 80
  • Studio Rent Range: $1962-$2390

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $78,560 $5,124,602 $3,033,993 $2,090,609
2023 $76,585 $5,024,219 $2,974,511 $2,049,708
2022 $72,773 $4,925,791 $2,916,187 $2,009,604
2021 $71,796 $4,829,319 $2,859,022 $1,970,297
2020 $71,449 $4,779,866 $2,829,719 $1,950,147
2019 $69,043 $4,686,262 $2,774,253 $1,912,009
2018 $68,517 $4,594,482 $2,719,869 $1,874,613
2017 $66,150 $4,504,485 $2,666,541 $1,837,944
2016 $68,170 $4,416,269 $2,614,268 $1,802,001
2015 $58,132 $3,719,299 $2,200,562 $1,518,737
2014 $55,627 $3,646,640 $2,157,460 $1,489,180
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 For Sale $5,250,000 -- $414 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Grant Deed $4,440,000 Fidelity National Title
Grant Deed $3,600,000 First American
Grant Deed -- Stewart Title Of California
Grant Deed -- Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,200,000 Commercial
Previous Owner $2,600,000 Construction
Previous Owner $135,000,000 Commercial
Previous Owner $135,000,000 Commercial
Previous Owner $135,000,000 Commercial
Source: Public Records

Source: San Francisco Association of REALTORS® MLS

MLS Number: 325025317

San Francisco Association of REALTORS® MLS

APN: 011-212-06