Multi-Family
55 Brookdale
55 Brookdale Ave, San Rafael, CA 94901
Listing Price: $1,650,000
Investment Overview
55 Brookdale is a rare in-fill residential development opportunity of .26 acres that is the last remaining undeveloped parcel between Lincoln Avenue and Highway 101 in San Rafael. On June 14, 2022, the City of San Rafael approved a 10-unit rental apartment development on the site that consists of three buildings containing a total of 10,967 square feet. Nine of the units have two bedrooms and one unit has one bedroom. There is one designated affordable unit, and one unit that is ADA compliant. The property is extremely well located just 0.7 mile from downtown San Rafael and one-half mile from Dominican University. The prime location offers easy access to Hwy 101 as well as the San Rafael Transit Center and SMART Train.
55 Brookdale
Investment Highlights
- Fully entitled in-fill apartment development opportunity in Marin County
- Project approved for 10 residential rental units, including one affordable unit, and 18 parking spaces
- Excellent San Rafael, CA residential location close to downtown and Dominican University
- Easy access to Hwy 101
- One block from entrance to Class I multi-use pathway that leads North to the Civic Center, and South to the Larkspur Ferry Terminal
- One half mile to Coleman Elementary School
- 0.7 mile north of downtown San Rafael and San Rafael Transit Center
- Exceptional location for car independent living
Exclusively Listed By
Listing Price: $1,650,000
Investment Highlights
- Fully entitled in-fill apartment development opportunity in Marin County
- Project approved for 10 residential rental units, including one affordable unit, and 18 parking spaces
- Excellent San Rafael, CA residential location close to downtown and Dominican University
- Easy access to Hwy 101
- One block from entrance to Class I multi-use pathway that leads North to the Civic Center, and South to the Larkspur Ferry Terminal
- One half mile to Coleman Elementary School
- 0.7 mile north of downtown San Rafael and San Rafael Transit Center
- Exceptional location for car independent living
Investment Overview
55 Brookdale is a rare in-fill residential development opportunity of .26 acres that is the last remaining undeveloped parcel between Lincoln Avenue and Highway 101 in San Rafael. On June 14, 2022, the City of San Rafael approved a 10-unit rental apartment development on the site that consists of three buildings containing a total of 10,967 square feet. Nine of the units have two bedrooms and one unit has one bedroom. There is one designated affordable unit, and one unit that is ADA compliant. The property is extremely well located just 0.7 mile from downtown San Rafael and one-half mile from Dominican University. The prime location offers easy access to Hwy 101 as well as the San Rafael Transit Center and SMART Train.
Exclusively Listed By
