For Sale
$1,200,000

440 Canal StSan Rafael, CA 94901

Canal St. Luxury Apartments, 3 Units

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Class A, 3-unit apartment building at 440 Canal St, San Rafael, CA 94901, presents a compelling investment opportunity. Boasting 1,764 square feet across three units (two studios and one 1-bedroom, 2-bathroom two-story unit), this 2001-built property offers 100% occupancy, with a current occupancy date of November 7, 2024. Situated on a 0.14-acre lot, the building features three stories and includes desirable amenities such as private garages with remote openers for all tenants, a private dock with two boat slips, and an electric entrance gate with remote access. The property's location directly on the Canal provides unparalleled privacy and convenience, while its proximity to shopping, entertainment, and employment opportunities enhances its appeal. The asking price is $1,200,000, representing a price per unit of $400,000. This "trophy asset" is the newest apartment building in San Rafael's Canal submarket, offering a rare combination of luxury, location, and strong rental income. Tours are available on November 15th from 11:00 AM to 12:30 PM and November 21st from 3:00 PM to 4:30 PM.

Highlights

  • Three-car garage with remote openers.
  • Private dock with two boat slips.
  • Electric gated entry with remote access.
  • 2001 construction, high-quality property.

Property Details for 440 Canal St

Property type
Apartment buildings
Square Feet
1,764 SF
Class
A
Year Built
2001
Buildings
1
Stories
3
Lot Size (sq. ft)
6,098 SF
Units
3

Location Insight

City
San Rafael
County
Marin
State
California
Latitude
37.9660258
Longitude
-122.5093039
440 Canal St, San Rafael, California

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440 Canal St
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